SAGE1
Sage1,
I am sure many prospective candidates for Scoot will be very grateful for your informative and detailed account of the hiring process. I'm not too sure though about the last item "down side" you mention about being out S$90,000 if they let you go for whatever reason.
I did a 5 year contract with SIAC; bank guarantee up front which I deposited in a local bank and signed a $140,000 training bond. The terms of the training bond/contract were such that if they let me go, I was not liable for any of the remaining bond (as the bond liability decreases in a monthly prorated amount) and I would get my guarantee (cash) back.
The S$9,000; is that paid directly to Scoot or is that held in a Singapore bank as a guarantee?
And I assume from the numbers you posted that the contract is 5 years?
If they terminated your contract, sounds like you would be at worst out the $400/month that was deducted from your pay for however many months you served but I'm pretty sure you would get your $9,000 back and be forgiven for the bond. After all, the whole reason for the guarantee/up front and bond is that one doesn't take off after getting the type and the minimum PIC time that would allow one to move on to greener (drier) pastures.
BTW, does the contract have an "end of contract bonus" in it? Mine did, S$10,000 for every year I served, assuming one completed the entire contract.
Any moving expenses? Moving there and end of contract?
Airline ticket to start contract and at end of contract to return to home base for you/spouse?
Any staff travel with SIA or Scoot?
Any medical coverage? The medical coverage I had with SIAC was excellent. They basically paid for everything I had done except for nominal co-pays (S$15) any time I saw a specialist.
Does the contract have 10 days paid at the Roxy hotel at start of contract?
Please forgive me if I'm way off base as obviously I have not read the Scoot contract, only had experience with the basic SIA HR culture.