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Old 12-30-2007 | 05:15 PM
  #11  
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I got paid a $10k sign-on bonus, plus stock options that turned into over $1m, but that was the tech industry, and I was an engineer. Sorry
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Old 12-30-2007 | 05:15 PM
  #12  
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And you left that for GoJet? As if you had any credibility before...
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Old 12-31-2007 | 06:48 AM
  #13  
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Originally Posted by freezingflyboy
Seems to me....that if a company is paying a $2500 sign on bonus to new hires they should ALSO have to pay a $2500 retention bonus to pilots already on property. Just a thought.
Exactly. Anyone who does not see this at first glance does not understand the industry.
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Old 12-31-2007 | 06:57 AM
  #14  
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I am all for signing bonuses. It allows people that aren't happy with where they work to move to another company without losing much pay by having to go back to year one wages. Signing bonuses also attracts qualified candidates. Since everyone seems to be afraid of low timers with jet transition courses, recruitment bonuses will bring experience. Bonuses are nothing new. It is a tool that corporations and the military have used for years. I can't see why pilots think it is such a bad thing. No one else in corporate America or the military seem to have a problem with it.
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Old 12-31-2007 | 07:10 AM
  #15  
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Any word on the 2nd year pay for new hires?
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Old 12-31-2007 | 11:58 AM
  #16  
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Originally Posted by CRJDriver
Any word on the 2nd year pay for new hires?
I have been a lurker for years and created an account just to answer this.

I switched from Mesa CRJ (LAMA!) to CHQ CRJ last April and got a $2500 signing bonus (something like $1400 after taxes), and am definitely NOT on second year pay. Although my mind was already made up to make the lateral move, the bonus helped the transition a little.
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Old 12-31-2007 | 11:43 PM
  #17  
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Piedmont had the $5000 bonus spread out over a year, but thats gone by the way side. So i suppose this is a rather worthless reply
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Old 01-01-2008 | 12:20 PM
  #18  
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no second year pay at RAH. and you only get the bonus if you're assigned the same thing you are qualified for; i.e. qual'ed on 145, get assigned 145
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Old 01-01-2008 | 12:44 PM
  #19  
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Originally Posted by texaspilot76
I am all for signing bonuses. It allows people that aren't happy with where they work to move to another company without losing much pay by having to go back to year one wages. Signing bonuses also attracts qualified candidates. Since everyone seems to be afraid of low timers with jet transition courses, recruitment bonuses will bring experience. Bonuses are nothing new. It is a tool that corporations and the military have used for years. I can't see why pilots think it is such a bad thing. No one else in corporate America or the military seem to have a problem with it.
Texas,
Pilots are not against signing bonuses. The reason that ALPA sued Pinnacle concerning their bonuses was because the company arbitrarily started giving bonuses. They also would not bargain with the Union while in Section six negotiations for a new contract concerning the new hire bonus issue. As a result any pay received by a pilot that is paid by the company and is outside the regulations of the respective Union's contract is a violation of that contract's "Status Quo" for the rest of the members. That is the problem with signing bonuses. Hope this helps in understanding the sometimes very confusing world of Pilots Unions and the confines of the Railway Labor Act.
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