Originally Posted by
Dragon Pacific
It is not completely incorrect voch. I’ve seen it in black and white that the company will provide a loan to cover training costs that must be repaid if a DEFO leaves within three years. That’ll help recruitment.
Yup I am a cadet pilot and this is definitely what management has been saying to us. We have an unforgivable loan bound to us for 5 years which is payable according to an equation management came up with if you leave the company or get terminated "based on company discretion." The loan will take approximately 14,000 HKD (our monthly allowance) per month for the first 3 years which actually adds up to 504,000 HKD total. Half a f*cking million HKD. Even more deductions than the figures provided above. Absolutely ridiculous.