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Old 13th Nov 2019, 00:03
  #23 (permalink)  
Ladloy
 
Join Date: Jul 2018
Location: Sydney
Posts: 639
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Originally Posted by 717tech
Rodney Rude. Wouldn’t these Pilots be bonded in some way? So they’d have to pay the residual bond if they were to leave early in the chase for their preferred base. If that’s the case, the company recovers their investment (albeit probably not all) and moves on.
DE guys at rex must pay the endorsement, cadets have their loan and scholarshop bonds for 7 years. Some cadets have left and paid over 100k to fly for another airline before their 7 years , that shows how much people want to leave. Rex get their tidy sum, the cadet gets a job that pays 3 times their rex wage (if an FO). As someone said before, the market was on the side of the employee but rex changed the rules. Wage stagnation and the revolving door continues.
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