"Where does it end? Next we're paying for upgrades, moving from base to base etc etc. At least with bonds you won't be going broke if you want to hang around."
I know it is not right neville and it certainly doesnt work for those who want to actually stick around.
But that is the way that management have structured it and they are defiant in relaxing the endorsement charge. Instead they are choosing to continually drop the minimum requirements to attract applicants.
As a rough guide I would say that well over 75% of FO's that have paid for their endorsement are well on the way out the door if they have not already left. So whilst you say that it is not good for the guys who want to stay, it seems to be working well for the majority who want to progress to major carriers.