JetStar NZ
Join Date: Nov 2008
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So not much discussion regarding J* NZ here anymore.... has anyone actually applied or been offered anything?
I put an application in myself only to recieve an email requesting more info and docs to sign... which I can't be bothered doing.... note I'd never accept these T&C's but I am curious to see just how desperate they are, and how willing they are to negotiate. A removal of the "pay back in full if leave within 2 years of payment" clause regarding the retention bonus would be a good start.
Might just keep my eye on the sandpit....
I put an application in myself only to recieve an email requesting more info and docs to sign... which I can't be bothered doing.... note I'd never accept these T&C's but I am curious to see just how desperate they are, and how willing they are to negotiate. A removal of the "pay back in full if leave within 2 years of payment" clause regarding the retention bonus would be a good start.
Might just keep my eye on the sandpit....
Join Date: Jul 2008
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Retention bonus is a misnomer, they are usually paid at the END of the period that they apply to.
It is actually another sign on carrot with the wrong name, knowing that most will spend it and therefore are far less likely to leave before the end of that term because of the difficulty in finding that money again to leave.
It is actually another sign on carrot with the wrong name, knowing that most will spend it and therefore are far less likely to leave before the end of that term because of the difficulty in finding that money again to leave.
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Join Date: May 2007
Location: Western Pacific
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The thing about a bonus is that it can be taken away at the whim of management, unlike salary to a great extent. It is the same with overtime, as your hours are 100% controlled by the airline.
The advantage to the airline is that if times get tough, they can reduce overheads dramatically without cutting staff. This avoids the cost of redundancies & leaves staff in place for when the industry picks up again.
The disadvantage for the employee is that they are taking some of the financial risk in the event of a downturn in the industry or even bad management. So, in effect, you are betting some of your income on things totally outside your control.
You will need to be able to live on the base salary alone if you sign up with JetStar & plan on sleeping at night.
The advantage to the airline is that if times get tough, they can reduce overheads dramatically without cutting staff. This avoids the cost of redundancies & leaves staff in place for when the industry picks up again.
The disadvantage for the employee is that they are taking some of the financial risk in the event of a downturn in the industry or even bad management. So, in effect, you are betting some of your income on things totally outside your control.
You will need to be able to live on the base salary alone if you sign up with JetStar & plan on sleeping at night.
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Yes Pheonix, the bonus is the only thing making the salary half reasonable. Altogether the package could be worth NZD$120,000, which isn't too bad. However, if you are required to return the money upon leaving what is the point? You can never spend it 
And that is if you have a TR.. otherwise the deal is even worse
And that is if you have a TR.. otherwise the deal is even worse
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So you want them to pay you a retention bonus without ensuring that they actually retain you
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.
Join Date: Dec 2004
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Yeah it went bananas there for a while but I've heard that they have excess applications from already rated pilots based in Australia from another airline in Australia that might be in some difficulty, so the applications from unrated pilots have gone right to the back of the queue.
What he is referring to is pilots from Tiger, all rated,experienced and looking for a job that at least will give them some form of stability. The wages they will be getting is secondary to certainty.
Join Date: Mar 1999
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Isn't Jetstar supposed to have about 150 vacancies, so if all Tiger Pilots are applying thats only about 64 pilots? (8 planes x 8 pilots ?).
Jetstar are already turning down type rated pilots with no time on type.
Also Jetstar wanted a start date of Sept 12, so don't know how Tiger Pilots leaving can meet that requirement?
Jetstar are already turning down type rated pilots with no time on type.
Also Jetstar wanted a start date of Sept 12, so don't know how Tiger Pilots leaving can meet that requirement?
Last edited by DeltaT; 18th Aug 2011 at 11:02.
Sprucegoose
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5 days sick leave a year? This is half the usual standard for most jobs!
Join Date: Nov 1999
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$130,000 basic
$20,000 signing on bonus (may be sacrificed if not type rated)
$18,000 per year retention bonus (guaranteed)
$12,000 per year performance bonus (not been paid yet so don't know what the targets are)
$185 per hour for every hour over 65 hours per month
Roster is hit and miss but slowly improving. Currently 9 days guaranteed off per month, but more likely 12 - 14, currently flying 85 ish hours per month.
$1000 for working a day off.
42 days annual leave per year
5 days sick (up to 90 days for a one off sickness)
New contract currently under negotiation between NZALPA (95%) union membership and the company.
$20,000 signing on bonus (may be sacrificed if not type rated)
$18,000 per year retention bonus (guaranteed)
$12,000 per year performance bonus (not been paid yet so don't know what the targets are)
$185 per hour for every hour over 65 hours per month
Roster is hit and miss but slowly improving. Currently 9 days guaranteed off per month, but more likely 12 - 14, currently flying 85 ish hours per month.
$1000 for working a day off.
42 days annual leave per year
5 days sick (up to 90 days for a one off sickness)
New contract currently under negotiation between NZALPA (95%) union membership and the company.
Join Date: May 2001
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Rishworth saying Jetstar not accepting any more applications til they clear the backlog.... Anyone on the inside know if they're are actually recruiting from current files or is hiring on a go slow til contract negotiations are complete?
Join Date: Nov 1999
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I would think a bit of both, they have thrown a LOT of management time into resolving the contract issues, at the same time though there a a LOT of pilots currently in the training system and from what I have heard they simply can't fit any more trainees into the system. Don't forget they are currently recruiting for Australia, New Zealand, Japan and the Cadet Scheme. There are still loads of vacancies in NZ and I would think they will take from the hold file first and foremost.
