2 Year Commitment
#12
Gets Weekends Off
Joined APC: Jan 2017
Posts: 2,510
That’s an accurate statement for probably almost all employers. Whether it’s outsourced training or signing bonuses. A lot of smaller places especially have training contracts that put you on the hook for some kind of pay back if you leave before a year or two.
#15
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Joined APC: Jan 2017
Posts: 551
#17
Gets Weekends Off
Joined APC: Oct 2017
Posts: 428
Also good advice.
Listen, for the little money you'd owe its not worth it for them to send someone to find you and serve you papers in the state you live in. It's also not worth them paying the legal fees to recoup what will be a small fraction of the money. They'll send you intimidating letters threatening legal action but it's all smoke. The worst they can do is hit your credit and lets face it, by that time you'll be working at Sun Country and won't be able to afford a new house or car anyways so your credit score is irrelevant.
Listen, for the little money you'd owe its not worth it for them to send someone to find you and serve you papers in the state you live in. It's also not worth them paying the legal fees to recoup what will be a small fraction of the money. They'll send you intimidating letters threatening legal action but it's all smoke. The worst they can do is hit your credit and lets face it, by that time you'll be working at Sun Country and won't be able to afford a new house or car anyways so your credit score is irrelevant.
#18
Just FYI, your credit score is NEVER irrelevant. Your credit will be checked anytime you apply for a loan or try to rent a house or apartment. If you have a knock on your score for failure to repay a debt, landlords may choose not to rent to you.
You want a better mortgage rate or loan rate? Have good credit.
Character matters. You aren’t entitled to walk away from a consent agreement without penalty.
If you don’t want to accept the risk, don’t agree.
Don’t be foolish.
You want a better mortgage rate or loan rate? Have good credit.
Character matters. You aren’t entitled to walk away from a consent agreement without penalty.
If you don’t want to accept the risk, don’t agree.
Don’t be foolish.
#19
Gets Weekends Off
Joined APC: Jan 2017
Posts: 2,510
Just like anything. Do what you think you need to.
#20
Gets Weekends Off
Joined APC: Nov 2016
Posts: 2,465
Just FYI, your credit score is NEVER irrelevant. Your credit will be checked anytime you apply for a loan or try to rent a house or apartment. If you have a knock on your score for failure to repay a debt, landlords may choose not to rent to you.
You want a better mortgage rate or loan rate? Have good credit.
Character matters. You aren’t entitled to walk away from a consent agreement without penalty.
If you don’t want to accept the risk, don’t agree.
Don’t be foolish.
You want a better mortgage rate or loan rate? Have good credit.
Character matters. You aren’t entitled to walk away from a consent agreement without penalty.
If you don’t want to accept the risk, don’t agree.
Don’t be foolish.
As far as whether to take the money or not. Always take the money. The only way you're guaranteed to short yourself money is to not take the bonus. If you don't take the money and you stay for two years, you've lost out on $15,000 (or whatever the going rate is at the time) pe-tax dollars.
If you leave and you have to pay it back, yes, you're going to have to pay back the pre-tax value even though Envoy gave you the after-tax amount. That's because Envoy paid money to the IRS on your behalf in that amount. If you file your taxes correctly, you'll either get a bigger return, or a lesser bill so it will all come out in the wash. You will not 'lose money' on the exchange.
So, the sound is advice is to take the bonus and put it away. Learn to live on your regular wages, meager as they may be as a regional FO. That 4 digit priced Bose headset can wait, the Miata can wait longer.
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