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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?Originally Posted by brocklee9000
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.”
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1 year CD rates are 4%, take the 35k and pocket the interest after a year, then quit.Originally Posted by Stayontarget
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?
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That is "THE" question that any prospective applicant or new-hire should be asking.Originally Posted by CRJdriver2017
Yet people with over 4 years are leaving in numbers that seem to be increasing. I wonder why?
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.
- 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?
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
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“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.“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.
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!
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Had one of the Australian guys in my class. He’s at United.Originally Posted by El Gipple
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?
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.
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.
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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.Originally Posted by Stayontarget
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?
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
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No truth to this from union rep that bought lunch at RGS.Originally Posted by Flyhigh44
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.
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?
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https://www.paycheckcity.com/calculator/flatbonusOriginally Posted by shrsailplanes
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?
Roughly about 10k
