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Originally Posted by shrsailplanes
(Post 3531936)
I’m gonna pass on the money. We only have one day to consider everything. I’m not comfortable with that. Hopefully it’s not a ding against me.
You that sure you won't stay? |
Originally Posted by ToddChavez
(Post 3531797)
1 year CD rates are 4%, take the 35k and pocket the interest after a year, then quit.
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Probably a good idea to consult a tax professional before accepting. Quick google search says if you pay it back in a different tax year you can get a credit for the federal tax paid but you eat the SS/Medicare portion.
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Originally Posted by Aero1900
(Post 3531863)
El Gipple,
You ask a lot of questions. I think the answer to all of them is; we are in a once in a career hiring environment. The industry has never had such massive amounts of retirement and hiring. |
Sign on/retention bonus
Deleted
Filler |
What about offering $ for those who have been here a while an incentive to STAY!
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Originally Posted by ReserveCA
(Post 3532050)
What about offering $ for those who have been here a while an incentive to STAY!
Originally Posted by shrsailplanes
(Post 3531936)
I’m gonna pass on the money. We only have one day to consider everything. I’m not comfortable with that. Hopefully it’s not a ding against me.
I know other industries have signing bonuses and they claw back if you leave. But this is new territory for me, with no time to consider. The way the email and offer letter sound, it comes across as “you must sign this new offer letter to say you’re coming to class.” Im not trying to leave, so I don’t necessarily see a disadvantage, but I share your uneasiness/skepticism since it feels rushed. |
It won’t happen but it would be amazing if very few to no one takes it.
It’s hard to even get mad. This won’t work. Not even a little bit. |
Originally Posted by shrsailplanes
(Post 3531936)
I’m gonna pass on the money. We only have one day to consider everything. I’m not comfortable with that. Hopefully it’s not a ding against me.
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Originally Posted by JoeFever1
(Post 3532092)
It won’t happen but it would be amazing if very few to no one takes it.
It’s hard to even get mad. This won’t work. Not even a little bit. Basically. This is a training contract with a different name?
Originally Posted by BiffleBalls
(Post 3532119)
We had an two year employment contract here a few years back. I don't believe anyone who left before the two years had to pay. I have never seen one of these contracts enforced, has anyone else? Go on take the money and run... WOO WHO WHO!
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Looks like aero crew news posted this today. The comments are what we al expect.
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Personally I wouldn’t sign that. Your going to make low six figures without a document hanging over your head for three years.
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Originally Posted by BiffleBalls
(Post 3532119)
We had an two year employment contract here a few years back. I don't believe anyone who left before the two years had to pay a dime of it back. I have never seen one of these contracts enforced, has anyone else? Go on take the money and run... WOO WHO WHO!
AA regionals definitely want it back. Friend left there immediately got a legal letter requesting it back within a certain amount of days or else it accrues interest at 6% plus legal fees. |
Originally Posted by planejoe
(Post 3532128)
AA regionals definitely want it back. Friend left there immediately got a legal letter requesting it back within a certain amount of days or else it accrues interest at 6% plus legal fees.
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The only way I wouldn't take that free pile of cash is if I was absolutely certain I wasn't going to stay.
If I was just using Frontier for type and was going to try for United immediately, then yes, I wouldn't take it. But if you think that maybe you'd like to stay here, you'd really kick yourself for leaving 35k behind. And yes, you will have to repay it if you bail. Don't be stupid. Frontier isn't just going to let you keep if it ig you don't hold up your end of the bargain. This has been going on at the regionals for over a decade. Not sure why this is all a new, complicated mystery for everyone?? And again I'll point out: 35k is what I made at Frontier my first year. New hires are hitting the damn jackpot now. 35k bonus, $90/ hour, paid hotels, and the fastest growing airline in the country. |
Originally Posted by BiffleBalls
(Post 3532005)
Well Aero, he was referring to the "WHY" are people leaving question in a previous post, went Socratic with it and offered facts backed up by empirical data. WHY do you try to deflate anyone who says things about Frontier Airlines that are unflattering but true on this forum? We've been through this. This company needs to change and this forum is on of the best vehicles we have to raise issues between ourselves and directly to management. A "Once in a career hiring environment" is not the reason 8 year captains are leaving. This 35K bonus is just another band aid on an airline that does not seem to have a grip on reality. Through the systemic incompetence of the entire operation Frontier creates a work environment (while on the ground for the most part) that the majority of pilots I fly with do not like and treat our customers in a manner that we are ashamed of. We fly for an airline that scams it's customers for profit; who wants to be a part of that? Many other airlines offer an opportunity to fly for a company where they can take pride in the service provided their customers - which is a huge thing - as well as better pay and a more professional work environment, period. They are going to have to compete with other airlines in this arena and they just haven't gotten that fact through their heads. We are lucky to have a fantastic pilot group here which means a lot to me and If we don't have a serious accident seniority will accrue rapidly, we hope. After those two things though, what? The operational challenges we face every single day are just getting old. A million little things that add up and make it feel like we are hacking our way through dense jungle to do our jobs instead of walking down a cleared path. If they want pilots to stay they are going to have to pay them, and pay them well. Take the pay bumps at the regionals for reference - eventually there will be no other choice but to pay pilots to stay. This "training pipeline" they are talking about is a joke. It is just another bad idea in the long line of bad ideas management seems to gestate regularly. El Gipple presented that data to assert that something is broken, and it needs to be fixed. I want things to change at Frontier, you're trying to squelch those that voice their desire for that. WHY?
If you hate the way the place is run that much, you should go work somewhere else. This is a ULCC now. Been that way for about 10 years now. It is what it is. It's a ULCC man.... Management teams come and go. I think Biffle and the Boys are team number 7. I'm going to be here long after they are gone. We might stay a sh*tty ULCC for another 30 years, we may not. We might merge, we might totally change. Who knows. I don't run the airline. I don't make customer service decisions. I fly the plane, get paid and go home to my family. I try to make the most positive impact possible at work. I take care of my crew and passengers the best I can but that's it. I don't run the airline. I would like to refer you to my answer to you earlier in the Nov 28th class thread |
Originally Posted by El Gipple
(Post 3531842)
That is "THE" question that any prospective applicant or new-hire should be asking.
The Company publicly portrays a situation where Frontier is attracting all of the pilots (and more) that it needs. This is technically true, but retention is the issue. Granted, unless the name of the Company is United, Delta, or Fed Ex, most airlines are experiencing problems with attrition. But here at Frontier:
It also seems kind of odd that 80% of the initial Purdue University new-hire class no longer work at Frontier? One of them was a union rep. https://polytechnic.purdue.edu/newsr...ssional-flight Purdue provided some quality pilots for Frontier. Unfortunately, a few years behind the curtain and a pilot friendly hiring environment has sent them packing. Anyone know the status of the Australian visa program Frontier wanted to use to hire pilots that essentially would tie them to employment at Frontier? It is obvious that Frontier is no longer considered a legit long term career option for many pilots. Something is broken! |
Remember the summer of 2020? BB confidently saying “we will get through this together” on video after video and saying we are well positioned to weather the storm, unlike the legacies? And then, overnight, they changed their tune in the fall and planned the furlough of hundreds of our pilots? 504 pilots to be exact were subject to zero credit lines or unpaid leave only to be offset by senior pilots taking 35 hour COLAs. That happened in an instant. Would the company make you pay back the 35k if they furloughed you? I am guessing they would because they are fronting you the money. Are they committing to not furlough you for 3 years? Are they committing to keep your base open for 3 years? Are they committing to not terminate for using sick leave for the first three years?
This is a scheme and no one in their right mind would sign it. I flew with many pilots in 2019 and 2020 that had plans to stay here forever, even relocate their family to one of our growing bases. They are gone. 3 years is a long time. |
Originally Posted by HacksawDuggan
(Post 3532159)
Remember the summer of 2020? BB confidently saying “we will get through this together” on video after video and saying we are well positioned to weather the storm, unlike the legacies? And then, overnight, they changed their tune in the fall and planned the furlough of hundreds of our pilots? 504 pilots to be exact were subject to zero credit lines or unpaid leave only to be offset by senior pilots taking 35 hour COLAs. That happened in an instant. Would the company make you pay back the 35k if they furloughed you? I am guessing they would because they are fronting you the money. Are they committing to not furlough you for 3 years? Are they committing to keep your base open for 3 years? Are they committing to not terminate for using sick leave for the first three years?
This is a scheme and no one in their right mind would sign it. I flew with many pilots in 2019 and 2020 that had plans to stay here forever, even relocate their family to one of our growing bases. They are gone. 3 years is a long time. Good points. There’s a way to fix our attrition problem and this isn’t it. Hint. Strong arm tactics won’t work in the current environment. |
Originally Posted by fcoolaiddrinker
(Post 3532162)
Good points. There’s a way to fix our attrition problem and this isn’t it. Hint. Strong arm tactics won’t work in the current environment.
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Originally Posted by HacksawDuggan
(Post 3532159)
This is a scheme and no one in their right mind would sign it. If you think you are going to stay here, you'd be crazy to not take the money. |
Originally Posted by Aero1900
(Post 3532165)
Ridiculous.
If you think you are going to stay here, you'd be crazy to not take the money. |
Originally Posted by Aero1900
(Post 3532165)
Ridiculous.
If you think you are going to stay here, you'd be crazy to not take the money. |
Originally Posted by HacksawDuggan
(Post 3532159)
Would the company make you pay back the 35k if they furloughed you? I am guessing they would because they are fronting you the money. Are they committing to not furlough you for 3 years? Are they committing to keep your base open for 3 years? Are they committing to not terminate for using sick leave for the first three years?
This is a scheme and no one in their right mind would sign it. I flew with many pilots in 2019 and 2020 that had plans to stay here forever, even relocate their family to one of our growing bases. They are gone. 3 years is a long time.
Originally Posted by fcoolaiddrinker
(Post 3532162)
Good points. There’s a way to fix our attrition problem and this isn’t it. Hint. Strong arm tactics won’t work in the current environment.
Originally Posted by HacksawDuggan
(Post 3532164)
Previously I mentioned you could put it in savings, but then I thought about how difficult it is to get anything done administratively at this place and how much of a hassle it would be to return the funds if a pilot does choose to leave. There would be tax implications as well.
”I/We hereby authorize Frontier Airlines, Inc. to initiate ACH credit entries to the bank account indicated above for payment of scheduled or periodic accounts payable amounts due to said company.” So in terms of hassle, probably no hassle for them. All hassle for you. |
Brocklee don’t worry about the guys before you. Do whatever you think is best for you and your family. Sometimes that’s just how things go in this industry.
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Originally Posted by Aero1900
(Post 3532145)
You're going to hate this answer.
If you hate the way the place is run that much, you should go work somewhere else. This is a ULCC now. Been that way for about 10 years now. It is what it is. It's a ULCC man.... Management teams come and go. I think Biffle and the Boys are team number 7. I'm going to be here long after they are gone. We might stay a sh*tty ULCC for another 30 years, we may not. We might merge, we might totally change. Who knows. I don't run the airline. I don't make customer service decisions. I fly the plane, get paid and go home to my family. I try to make the most positive impact possible at work. I take care of my crew and passengers the best I can but that's it. I don't run the airline. I would like to refer you to my answer to you earlier in the Nov 28th class thread Yes! It is a ULCC, I think it's a great model and I can get behind the idea we are providing a discount service for those who choose to utilize it. What has changed here is that we have crossed the line into being a sand trap for peoples money. The "new" model they have come up with is to scam our passengers in order to make more money through their coveted "ancillary revenue streams". Hanging onto to 220 odd million of customers money and being THE ONLY US AIRLINE TO BE FINED for doing so is the latest badge of pride we all get to wear. So pilots are leaving. 4 out of 5 FO's I fly with have their apps out. Their beefs are those listed on this forum, but pay is only one of a constellation of issues we all have with this airline. Another funny thing is we get these videos in Docunet with overseas accents talking about "building the brand" and then they go out and drag it through the dirt! It's all a bit schizophrenic. |
Originally Posted by JoeFever1
(Post 3532224)
Brocklee don’t worry about the guys before you. Do whatever you think is best for you and your family. Sometimes that’s just how things go in this industry.
I forsee anybody who isn’t one of the big 5 following closely and initiating their own bonus programs |
“ Retention Bonus” or just a deceptively named Training Contract?
Frontier couldn’t increase New Hire pay any more to attract Pilots because of the Contract. So instead of raising pay by $35K they have come up with this “Bonus”. A “Bonus” they can get back. So, my question is, can you be hired and attend training without signing up for the “bonus”, not just this upcoming class but for all future classes? Is it going to be mandatory to accept this to be hired at Frontier, either explicitly or inexplicably, meaning, if you don’t want the “bonus” then you’ll never be hired? If not then it’s just another name for a Training Contract, a very expensive Training Contract. Aren’t most Training Contracts about 10K? Very bad form to spring it on the next few classes, especially if folks have already quit their other jobs and then have this thrust upon them. This should have been made very clear during the application and interviewing process. This might have looked good at first glance to the Company but I feel this will actually hurt hiring. I wouldn’t sign a 35K Training Contract, not when I could go elsewhere so easily in today’s hiring environment. I truly believe that this will reduce the pool of possible candidates looking at Frontier. If the Company truly wanted a Retention Bonus system to keep Folks around vs a Training Contract, they should do as some other Airlines have done. A small bonus for showing up to class, a small bonus for finishing IOE, then a bigger one after a certain time period, say three years. Heck you could really lock some folks in with offering another Bonus after Upgrade. Mentally much harder to leave somewhere once you have upgraded. Now personally I’m against bonuses. I think bonuses outside the Contract is shady by the Company. It’s a way of getting around the Contract same as offering hotel rooms to New Hires. I’m not against the Hotel rooms, but doing it outside of the Contract weakens the Union’s “power”. The Company gets to offer something at it’s whim, to it’s advantage and possibly not fairly. Anything outside of a written Contract can be and is typically abused eventually. Let’s call this what it is, an “Expensive, Non-Prorated Training Contract”. |
Originally Posted by JoeFever1
(Post 3532224)
Brocklee don’t worry about the guys before you. Do whatever you think is best for you and your family. Sometimes that’s just how things go in this industry.
I’ll second this. Pretty sure anyone currently on property won’t have an issue with someone accepting 25k. Thanks for the updates on the language. |
Originally Posted by SFA320
(Post 3531709)
Section 3.R, company can give bonuses at their “discretion” nothing the Union can do about this. This is on us.
I’m not so sure about this? The intent of that sentence is to tie the terms of a bonus to other non-management employees. 35k does put first year pay over 98.5% of second. We’ll see what happens? |
Originally Posted by fivebyfive
(Post 3531708)
After the bonus tax of 22%, a pilot would be foregoing a career at a legacy airline for $27,300. I think pilots are smarter than that.
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Originally Posted by F9Pilot2022
(Post 3532234)
“ Retention Bonus” or just a deceptively named Training Contract?
Frontier couldn’t increase New Hire pay any more to attract Pilots because of the Contract. So instead of raising pay by $35K they have come up with this “Bonus”. A “Bonus” they can get back. So, my question is, can you be hired and attend training without signing up for the “bonus”, not just this upcoming class but for all future classes? Is it going to be mandatory to accept this to be hired at Frontier, either explicitly or inexplicably, meaning, if you don’t want the “bonus” then you’ll never be hired? If not then it’s just another name for a Training Contract, a very expensive Training Contract. Aren’t most Training Contracts about 10K? Very bad form to spring it on the next few classes, especially if folks have already quit their other jobs and then have this thrust upon them. This should have been made very clear during the application and interviewing process. This might have looked good at first glance to the Company but I feel this will actually hurt hiring. I wouldn’t sign a 35K Training Contract, not when I could go elsewhere so easily in today’s hiring environment. I truly believe that this will reduce the pool of possible candidates looking at Frontier. If the Company truly wanted a Retention Bonus system to keep Folks around vs a Training Contract, they should do as some other Airlines have done. A small bonus for showing up to class, a small bonus for finishing IOE, then a bigger one after a certain time period, say three years. Heck you could really lock some folks in with offering another Bonus after Upgrade. Mentally much harder to leave somewhere once you have upgraded. Now personally I’m against bonuses. I think bonuses outside the Contract is shady by the Company. It’s a way of getting around the Contract same as offering hotel rooms to New Hires. I’m not against the Hotel rooms, but doing it outside of the Contract weakens the Union’s “power”. The Company gets to offer something at it’s whim, to it’s advantage and possibly not fairly. Anything outside of a written Contract can be and is typically abused eventually. Let’s call this what it is, an “Expensive, Non-Prorated Training Contract”. My old airline had a real training contract. It worked like this: 1) You sign a training contract. 2) Go to class and don't get paid a penny until you pass your checkride! 3) If you leave you owe them $7500. This is not that. This is just the same as all the regionals have been doing for a decade now. The only lame thing about it is its not prorated. That's the real b*tch of it |
Originally Posted by F9Pilot2022
(Post 3532234)
Frontier couldn’t increase New Hire pay any more to attract Pilots because of the Contract.
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Originally Posted by Aero1900
(Post 3532302)
The only lame thing about it is it’s not prorated. That's the real b*tch of it
You have to put $10-$11K aside for taxes. I like the idea of a CD, but if you did bail early you have to come up with 35G’s of your own money to pay it back. Just put it in your sock drawer until 11-28-2025 then you are free and clear. |
Originally Posted by PositiveRate20
(Post 3532331)
If I'm correctly understanding what's written here, I think it's incorrect. Per LOA 4, first year FO pay can be increased up to 98.5% of of second year FO pay. IMO, this is latitude that never should've been given to the company. We've allowed them to adapt to rapidly changing market conditions without having to come to the table to do so.
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Originally Posted by Aero1900
(Post 3532302)
I mostly agree with all of this except that training contracts of the past didn't pay out cash!
My old airline had a real training contract. It worked like this: 1) You sign a training contract. 2) Go to class and don't get paid a penny until you pass your checkride! 3) If you leave you owe them $7500. This is not that. This is just the same as all the regionals have been doing for a decade now. The only lame thing about it is its not prorated. That's the real b*tch of it Everything depends upon whether or not you can realistically get hired without accepting the Bonus. If you can not, then this becomes a de facto Training Contract or a Employment Duration Contract or whatever name you want to give it. If in the future you can get hired without accepting the bonus then I’m totally off base and then this is just a Contract skirting Bonus with really bad repayment terms. Maybe that’s what it is, but I have my doubts. The question is will Frontier in the future readily accept folks from both groups, those willing to accept the Bonus with it’s conditions and those that decline to accept the Bonus. If it gets to be known that you don’t stand a chance of getting a class date unless you accept the Bonus then it’s a condition of getting the job and in my mind serves the same purpose as a Training Contract which was to get people not to leave or if they did leave they paid for their training costs. As I said before, a true Retention Bonus wouldn’t have any contract associated with it, it would be simply if you’re here on certain events or dates after you get hired then you get a bonus. No signing of paperwork before you showed up to class. No allowing Frontier access to your Bank Account so they can take money out later, no 5 days to repay or else Interest and Legal fees added. All those things are conditions typically associated with Training Contracts. My belief that all is this is a sneaky workaround of the Contractual restriction to any further First Year pay increases coupled with a Training Contract. Again, I’ll be willing to admit I’m totally wrong IF they allow Folks the freedom to just not accept the Bonus and IF not accepting the Bonus doesn’t hurt your chances of being assigned a Training Class but who are we kidding, in the eyes of the Company/Hiring Department if you are not willing to enthusiastically jump on accepting the Bonus with it’s conditions then maybe you aren’t “Frontier Material” and maybe we don’t want you here. IF you have to be willing to accept the Bonus to stand a chance of getting a Class date then the Bonus becomes a De facto Training Contract. |
Originally Posted by shrsailplanes
(Post 3532368)
The pay out also isn’t prorated. The recipient gets it all at once, I think before training begins.
You have to put $10-$11K aside for taxes. I like the idea of a CD, but if you did bail early you have to come up with 35G’s of your own money to pay it back. Just put it in your sock drawer until 11-28-2025 then you are free and clear. i had the same thought. Put some into an i-bond, open a HYSA like Ally, etc. But it’ll just be simpler to set it in my savings account and just not touch it. |
Originally Posted by F9Pilot2022
(Post 3532377)
The question is will Frontier in the future readily accept folks from both groups, those willing to accept the Bonus with it’s conditions and those that decline to accept the Bonus. If it gets to be known that you don’t stand a chance of getting a class date unless you accept the Bonus then it’s a condition of getting the job
This is interesting, you're right it could be their way of weeding people out who are just there to "check the box" before moving on. |
Interesting points brought up here.
I guess we need to know if you can opt in or out of the bonus and the 3 year agreement. |
Originally Posted by planejoe
(Post 3532430)
This is interesting, you're right it could be their way of weeding people out who are just there to "check the box" before moving on.
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