Originally Posted by
ManUtd1999
+1
There seems to be a lot of uncertainty around the Easyjet scheme finance, not helped by a lack of published info from the flight schools. Eg,
Do cadets automatically go onto flexicrew? What are the hourly rates? I notice CTC's website is remarkably lacking on details of this particular aspect of the scheme - can't think why....
Do cadets get bond money repayed on top of salary? Is this dependant on getting a full-time contract and/or UK base?
Will Easyjet sponsor loans for any successfu candidate or does "exceptional" mean above and beyond that required for selection?
If you go to easyJet after CTC you will never get any "bond" money repaid on top of your salary. The only significance of it is a tax advantage. After at least a year on Flexicrew, if you are then offered a permanent deal at a UK base your salary will be reduced by 12k and you will receive 1k a month tax free.
If you accept a European base your "bond" will be forfeited and you will just receive a normal salary and permanent deal with easyJet.