Originally Posted by Aero1900 (Post 3532369)

Right. Except that they can do the signing bonus anyhow. It's actually kind of surprising they didn't start with the signing bonus before going the route of the 1st year pay raise

Originally Posted by brocklee9000 (Post 3532425)

Just got off the phone with some people. Sounds like it will come as a lump, unsure if they will withhold any taxes but my guess is $35K. No idea when the tax bill will be due, probably in a few months when I start my taxes.

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 303flyboy (Post 3532453)

Why is the union so quiet on it ?

Originally Posted by Aero1900 (Post 3532516)

Here's a different view on this whole thing:

Clearly, the company is willing to pay pilots to grow this airline.

In just the last 12 months the company has increased first year pay twice, started paying for hotels and now offering a 35k signing bonus.

They want to grow the airline and they clearly aren't going to let increasing pilot costs stop them.

Originally Posted by Aero1900 (Post 3532516)

Here's a different view on this whole thing:

Clearly, the company is willing to pay pilots to grow this airline.

In just the last 12 months the company has increased first year pay twice, started paying for hotels and now offering a 35k signing bonus.

They want to grow the airline and they clearly aren't going to let increasing pilot costs stop them.

Originally Posted by PositiveRate20 (Post 3532463)

What about these $500/month stipends these “cadets” will be getting? I’m no contract expert, but I’m surprised nobody has questioned this yet. I also THOUGHT it was agreed that hotels for new hires was a contract violation and yet that has continued. Kinda looks like the company just does whatever they want whether it’s contract compliant or not…..and the consequences for doing so seem to be nonexistent.

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”.