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Old 18th Jul 2015, 18:29
  #40 (permalink)  
dieseldo
 
Join Date: Oct 2007
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Most likely this is a bond arrangement repayable if the employee leaves CHC before a specified period of employment has passed.
The bond becomes void if the employee is made redundant.
This has been CHC policy for pilots and engineers in the UK for years and is nothing new.

Engineers bonds have generally been less than half the cost of the training.
A number of staff, pilots and engineeers have paid off the balance of their bond when wishing to leave early.

An engineers type course would cost £30,000+ if conducted at Agusta. Training cost, salary,food and accomodation included. Travel and overtime cover not included.
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