I have accepted the recall as well. Hoping to get back on the line quickly and hold MCO.

Yes, but the company takes back whatever percentage of their contributions that aren't vested.

Ask me how I know.

I was only there 3 years and I believe they took back somewhere between $16-18K.

That’s why it’s a fake benefit and not a training bond,
as the person I quoted was suggesting. You aren’t losing anything you put in.

Pretty awesome that Year 1 doesn't even count towards the vesting schedule either. 🤦🏼‍♂️

So it's really 6 years to achieve 5 years of vesting.

They were suggesting it is *like* a training bond without the stigma of being one, not that actually it is a training bond.

the end result is pretty much the same: leave early = lose money.

Training costs are minuscule to these companies. At our shop we counted on turnover and training costs to drive change for years. These places will gladly eat those costs to lose high pay crews. It takes a tremendous turnover to get them to change course.

Also c-suite egos and reputations factor heavily. A company can get tanked just because some key people will refuse to alter course.

Could be worse

Don’t understand why you would go back to be honest ?

Probably to get current and to get out. There will be zero upward movement now at NK. Those who stayed are lifers. With no expansion the only path to upgrade is via retirement.

To get current