AA regionals: $30k retention bonus, $70k flow

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08-31-2021 | 11:30 PM
  #41  
Quote: you are wrong. Sorry

the $30k is due back in full if you leave AA/PSA within 36 months

Probably the subsequent $50k has the same strings.

all of this is theoretical til the mec approves an LOA
For ENY that $50k isn’t paid until you flow. So for guys that eventually qualify for the two $25k bonuses, they will be paid $120k upon flow to AA. The $30k CA bonus is the only thing paid pre-flow and comes with a 3 year commitment, not pro-rated. Envoy wants that $30k back within 30 days of your resignation if you leave before 3 years.

Please place your hands behind your back while Envoy handcuffs you to this circus if you choose.
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09-01-2021 | 01:32 AM
  #42  
Also the pay raise only effects 1/3 of the pilots at envoy the rest get nothing in new rates.
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09-01-2021 | 03:41 PM
  #43  
Quote: For ENY that $50k isn’t paid until you flow. So for guys that eventually qualify for the two $25k bonuses, they will be paid $120k upon flow to AA. The $30k CA bonus is the only thing paid pre-flow and comes with a 3 year commitment, not pro-rated. Envoy wants that $30k back within 30 days of your resignation if you leave before 3 years.

Please place your hands behind your back while Envoy handcuffs you to this circus if you choose.
you can’t always get what you want.
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09-01-2021 | 04:04 PM
  #44  
Quote: you can’t always get what you want.
But if you try sometimes, well, you might find
You get what you need
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09-01-2021 | 09:33 PM
  #45  
Quote: But if you try sometimes, well, you might find
You get what you need
Dammit!

Beat me to it.
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09-05-2021 | 06:51 PM
  #46  
Quote: For ENY that $50k isn’t paid until you flow. So for guys that eventually qualify for the two $25k bonuses, they will be paid $120k upon flow to AA. The $30k CA bonus is the only thing paid pre-flow and comes with a 3 year commitment, not pro-rated. Envoy wants that $30k back within 30 days of your resignation if you leave before 3 years.

Please place your hands behind your back while Envoy handcuffs you to this circus if you choose.
So, the bonuses are completely meaningless. People who were going to stay/flow anyway will make extra money, and everybody else who can do addition realizes they'll make more money than this and have a better QoL, even if they go to an LCC a year earlier than flow. This might encourage more people to at least apply to AA outside the flow, but that's about it.

Are we going to have to sign something to get the $30k or are they just going to deposit $22k after taxes in our account, then demand $30k back when we go somewhere else?
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09-06-2021 | 03:56 AM
  #47  
Quote: So, the bonuses are completely meaningless. People who were going to stay/flow anyway will make extra money, and everybody else who can do addition realizes they'll make more money than this and have a better QoL, even if they go to an LCC a year earlier than flow. This might encourage more people to at least apply to AA outside the flow, but that's about it.

Are we going to have to sign something to get the $30k or are they just going to deposit $22k after taxes in our account, then demand $30k back when we go somewhere else?
Hey if they deposit the cash without making you sign anything then you're the big winner here lol.
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09-06-2021 | 04:13 AM
  #48  
Quote: So, the bonuses are completely meaningless. People who were going to stay/flow anyway will make extra money, and everybody else who can do addition realizes they'll make more money than this and have a better QoL, even if they go to an LCC a year earlier than flow. This might encourage more people to at least apply to AA outside the flow, but that's about it.

Are we going to have to sign something to get the $30k or are they just going to deposit $22k after taxes in our account, then demand $30k back when we go somewhere else?
I think after taxes that 30 isn’t going to look like 22…
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09-06-2021 | 07:10 PM
  #49  
Quote: I think after taxes that 30 isn’t going to look like 22…
You’re right. It’ll be more. I don’t understand why people can’t wrap their head around the fact that withholding is different than actual taxes. Yes, the withholding is higher. However, you’ll get a bunch of it back when you file because the effective tax is lower than what the withholding is.
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09-06-2021 | 07:48 PM
  #50  
Quote: You’re right. It’ll be more. I don’t understand why people can’t wrap their head around the fact that withholding is different than actual taxes. Yes, the withholding is higher. However, you’ll get a bunch of it back when you file because the effective tax is lower than what the withholding is.
Everyone knows you pay more in taxes on bonuses. They teach you that in indoc during the finance section. It’s right after virology and just before relationship counseling.
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