Airline Pilot Central Forums - Sign on/retention bonus

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- - Sign on/retention bonus (https://www.airlinepilotforums.com/frontier/140357-sign-retention-bonus.html)

Quote:

Originally Posted by brocklee9000 (Post 3531785)

I don’t have any info, news to me which is why I came here to see if anyone else knew. But, just got off a DH and had a new voicemail waiting. Someone calling with an “exciting new opportunity for new FOs.” I’m in the 28th class, so I’m assuming it’s this bonus and sounds like we are eligible. All I know so far is “check for all email by end of day, and opt in by the 16th.”

So what’s it going to be? Take the money and put it into a treasury note paying good interest or say no thanks I intend to leave in 1000 days or less?

Quote:

Originally Posted by Stayontarget (Post 3531787)

So what’s it going to be? Take the money and put it into a treasury note paying good interest or say no thanks I intend to leave in 1000 days or less?

1 year CD rates are 4%, take the 35k and pocket the interest after a year, then quit.

Quote:

Originally Posted by CRJdriver2017 (Post 3531636)

Yet people with over 4 years are leaving in numbers that seem to be increasing. I wonder why?

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:

After years of resistance, why has Frontier recently decided it was in their best interest to provide hotel rooms for new-hires.
Frontier followed that decision with one raising 1st year pay to $75.00/hr then a few months later to $90/hr or whatever it is now.
Now a cash bonus to new-hires in an effort to keep them on property for 3 years.

So.......

Why is it that 244 F/O's have resigned in the last 2 years? Their average longevity? 2.4 years. For perspective, in that same period of time Frontier has hired 657 pilots yet the seniority list has grown by just 347 pilots (26 retirements and a few terminations/deaths).
And why have 17 CAPT's resigned in the last 7 months? Their average longevity? 8.1 years! - One of these was a 51 year old CAPT with 9 years of longevity who also happened to be a member of the negotiating committee that negotiated the 2019 CBA
Why is there suddenly a trend of Frontier pilots retiring early?

Interesting that a number (not insignificant) of those who have resigned this year point to the surprise closure of the ORD domicile as the reason they chose to move on? Also high on the list is concern over the senseless sick call section 19's earlier in the year.

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

Quote:

“We envision a future where students graduate from Purdue with the requisite experience and decision-making skills, ‘airline ready’ to directly enter Airbus flight decks,” said Brad Lambert, vice president of flight operations at Frontier.

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!

Quote:

Originally Posted by El Gipple (Post 3531842)

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?

Had one of the Australian guys in my class. He’s at United.

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.

Quote:

Originally Posted by Stayontarget (Post 3531787)

So what’s it going to be? Take the money and put it into a treasury note paying good interest or say no thanks I intend to leave in 1000 days or less?

No clue. Finishing up a turn, just got the email with multiple PDF attachments. One says a $35K bonus. Another is titled Promissory Note. I’ll have to read when I get home tonight.

But for me, I have no intent of getting a type and bailing. Hoping to stick around. Not sure why they drew a line in the sand with our class. I was coming here in 2 weeks regardless. Sucks you guys already here don’t get a bonus :confused:

Quote:

Originally Posted by Flyhigh44 (Post 3531604)

Is there any truth that the company came to the union and offered $30 pay raises across the board, And the union said only if we clean up the grievances? If true should have taken the free money. It's a higher starting point for next contract and you don't know what's going to happen in the current economy.

No truth to this from union rep that bought lunch at RGS.

What is the tax hit going to be on $35K? You’re already in the hole as soon as you take the money due to taxes. It’s not like you can let it sit somewhere and not have to pay taxes on it. Right?

Quote:

Originally Posted by shrsailplanes (Post 3531911)

What is the tax hit going to be on $35K? You’re already in the hole as soon as you take the money due to taxes. It’s not like you can let it sit somewhere and not have to pay taxes on it. Right?

https://www.paycheckcity.com/calculator/flatbonus

Roughly about 10k

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.