Naturals, a lot of information has been posted here already.
Just read the thread..
I've actually read the thread start to finish three or four times already. I understand the financial arrangements (at least, I understand those which easyJet have announced, I believe some details remain TBC).
To me the big sticking points with the flexi are:
- The location seems to be up in the air and decided by EZY. Great for the younger guys and girls and who might actually like the uncertainty and chance to live overseas but for those of us with families this is a big deal. For those with EZY, how much say to you get in your home base? If you don't get your first choice how long does it take to get somewhere nearer to family?
- The flexi contract is three years which equates to £36k of the bond paid back out of salary. Effectively the other 2/3rds is at risk if they don't offer you permanent employment / extend the flexi with similar terms. The scare stories of relocation with a pay cut mentioned on the other thread make this really risky in my mind.