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Old 3rd Oct 2007, 21:41
  #32 (permalink)  
bigmustard
 
Join Date: Apr 2007
Location: London
Age: 39
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However if you want to leave before retirement but within three years of joining you will have to pay off the bond. This is a bank loan in your name taken out when you join, but as long as you stay it is invisible to you. The company pays an extra amount into your salary each month which is equal to the loan repayment. If you leave you just keep paying back the loan, there isn't a lump sum to pay off, so if the job you are going to is going to pay you more than an extra £300 per month after tax the bond is no deterrent to leaving (which is one of the reasons that there is such a high turnover of F/Os as moving from £25k on a Q400 to £45k on a boeingbus is a no brainer).

This is not quite incorrect!

There is no bank loan. The company pay for the training up front and if you leave before 36 months you pay back the outstanding 1/36th monthly amount

Turn rounds are min 25 mins.

Leave is 28 days rising to 33 by 1 day per annum for the first five years.

The rest is reasonably accurate if not a little gilted

Last edited by bigmustard; 4th Oct 2007 at 13:21. Reason: Bit harsh on old crabbie!
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