If I quit
08-02-2018 | 08:28 AM
#21
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Joined: Feb 2017
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If its like the rest of the sign on bonuses Envoy gives out, all of it is due if you quit before the end of year 1, after that its prorated. AKA, if he waits for the end of year one half of the bonuses do not have to be repaid.
08-02-2018 | 10:02 AM
#22
Line Holder
Joined: Jul 2018
Posts: 44
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I might be able to provide you some relevant perspective; I spent the first fifteen years of my professional life in charter, fractional, and corporate.
08-02-2018 | 10:29 AM
#23
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Joined: Jan 2013
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This is a good point, and a good question. As much as this ppace sucks in some (many) ways, I can attest that compared to most of my former aviation gigs, the pro's outweigh the cons here. Corporate gigs? Yeah, depending on the company, you might spend more time at home, but you'll spend a lot of that time either doing NASA reports because the owers wanted you to do something sketchy, or browsing for a new job, dreaming of the day you can sign a long term financial deal because your next paycheck is not very certain.
08-02-2018 | 11:47 AM
#24
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Joined: Feb 2006
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If you don't respond to or--as happened in my case--never receive the collection letter, you get a standard nastygram from ENY's attorneys threatening suit if you don't pay up. They were pretty understanding, though, as far as collections lawyers go.
08-02-2018 | 11:50 AM
#25
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Joined: Apr 2017
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From: Captain
when does the "clock start" ? day-1 of ground school or Day-1 of flying the line as a new hire ?
Can you pay it back ? aka get the bonus, put it into savings account, then if you don't like it, quit and return the bonus ? Or is that not possible ?
Can you pay it back ? aka get the bonus, put it into savings account, then if you don't like it, quit and return the bonus ? Or is that not possible ?
08-02-2018 | 11:56 AM
#26
Line Holder
Joined: Jun 2018
Posts: 52
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I was a rotor guy from the Army and got on with a regional back in 2001 (yes I'm Old). As you might imagine I was almost immediately furloughed after 9/11......6 months later they called me back but I didn't go. Fortunately I had a better flying job in hand. They tried to come after me for the training contract since I was under a year of employment. I told them to **** off. As far as I was concerned they had fired me (furloughed) and I had zero responsibility to pay that money back. I never heard from them again. The point is, they will come looking for the money even when they know its not owed to them. In your case I'm quite certain they will be persistent in looking for repayment since it will have been your decision to break the contract.
Good Luck to you. As others have said, do what makes you happy!
Good Luck to you. As others have said, do what makes you happy!
08-02-2018 | 05:06 PM
#27
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Joined: May 2011
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Clock starts Day 1 of Indoc.
You can throw the money in savings and just hand it back, but you will still owe the company the taxes they withheld (which you never received).
08-02-2018 | 05:36 PM
#28
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Joined: Apr 2017
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From: Captain
08-02-2018 | 07:52 PM
#30
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Joined: May 2011
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