So you want them to pay you a retention bonus without ensuring that they actually retain you
PhoenixNZ,
The retention bonus in this case is paid at the end of the year it relates to. To demand repayment if you leave within 2 years of payment effectively ensures another 2 years of service from you. So you get a bonus for staying with the airline for a year & then are required to stay another 2 years to keep the payment!
If this is the intention, it is actually a rolling bond.
The retention bonus is paid at the end of the financial year & is adjusted for the first year according to the number of months worked. I believe that Rishworth have stated that the repayment clause is only for the 1st retention bonus, along with the sign-on bonus, but there is nothing in writing to definitively state this, as far as I am aware. There has also been no information on if the repayment clause is for the 1st bonus regardless of how long you have been with the company, or if it relates to the 1st full year's bonus.