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Old 14th May 2006, 10:27
  #158 (permalink)  
Pilot Pete
 
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Originally Posted by Özcan
Bonding used to be a contract that said if you leave the company within a pre-set time you would have to pay for the typerating otherwise you wouldn't have to, but these days it seems like bonding means having to pay for the typerating and be bound to the company at the same time
Anybody who pays for a type rating and is bonded TOO needs their head examining. It could possibly be illegal as it is an unfair restriction being placed unpon you. Bonding is fine as it offers some security to the type rating provider (the one that pays) against you leaving after many thousands of pounds worth of their investment. Trouble is, even if this is proved to be what is happening, the reduced starting salary will just become the 'norm' salary, defined as having no deductions taken from it to pay for the type rating..... JUST DON'T DO IT!

They are only bonding pilots who have 1500 jar 25 and 500 hours jet. It is a 25 grand bond which reduces by 5 grand per year. As far as i know your salary is not reduced.
£25k over 5 years seems excessive too. They will have made their investment back plus a huge amount in that time of productive work. I think that figure is unreasonable personally and the timescale unreasonable too. There are better options out there.

PP
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