easyJet MPL (Through CTC)
, Just wondering how long will I be waiting to find out whether I got an assessment or not ?
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I applied to OAA scheme , Just wondering how long will I be waiting to find out whether I got an assessment or not ?
Also, I was wondering, for the Day 1 assessment, do I need to take in my logbook & proof of education etc? Or is that looked into in Day 2?
Thanks guys
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Applications are still open so you can imagine that assessments will be on going, I wouldn't worry if you don't hear straight away.
I'd take all your documents with you on both days, just in case.
I'd take all your documents with you on both days, just in case.
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As I believe, regardless of what you think of these bond repayments, either scheme will see the cadet paying in full for the training but in different ways, i'd go with OAA/ Parc because of the flexi crew contract.
My personal experience from friends and colleagues were that Parc cadets were in a much more financially stable situation that CTC cadets, with some declaring themselves bankrupt in the last years due to low pay from CTC and high loan repayments.
I am also biased to OAA itself as a school and whilst they are without fault, I can only recommend the high quality training you'll receive there.
My personal experience from friends and colleagues were that Parc cadets were in a much more financially stable situation that CTC cadets, with some declaring themselves bankrupt in the last years due to low pay from CTC and high loan repayments.
I am also biased to OAA itself as a school and whilst they are without fault, I can only recommend the high quality training you'll receive there.
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I have the CTC assessment day coming up and have read through this forum a lot over the past couple of weeks. Can anyone who has been on the assessment day or open day confirm whether the information regarding the following is correct:
1. £69k of the bond will be paid back by easyJet in monthly installments of £1000. These repayment coincide with the loan repayments that start after the initial payment holiday of 2 years (i'm assuming this payment holiday is similar to the BA scheme)
2. If this repayment structure is true then the 69k chunk of the loan will be paid off after about 6 (8 incl holiday) years.
3. My main question is whether your salary at the end of each the month is 1k (850ish if taxable benefit) lighter or whether they genuinly pay back the 69k. A lot of people are suggesting this but could anyone confirm it.
1. £69k of the bond will be paid back by easyJet in monthly installments of £1000. These repayment coincide with the loan repayments that start after the initial payment holiday of 2 years (i'm assuming this payment holiday is similar to the BA scheme)
2. If this repayment structure is true then the 69k chunk of the loan will be paid off after about 6 (8 incl holiday) years.
3. My main question is whether your salary at the end of each the month is 1k (850ish if taxable benefit) lighter or whether they genuinly pay back the 69k. A lot of people are suggesting this but could anyone confirm it.
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I would assume the holiday period covered the 18 months +- of training you're going to be doing, and so you would commence payment while you are flexicrew. The important question is how much you will earn as flexi crew for the two years before you are eligible for permanent employment.
Last edited by Scimitar123; 7th May 2013 at 16:57.
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I have applied to both CTC and Oxford. Haven't heard anything from CTC, I think I applied on the 28th or 29th April.
I have heard from Oxford though and have an assessment on Thursday. Panicking because I'm rubbish at mental maths and have forgotten a lot of GCSE physics. Just been out and bought some GCSE revision guides...
15206 how did your CTC day go?
I have heard from Oxford though and have an assessment on Thursday. Panicking because I'm rubbish at mental maths and have forgotten a lot of GCSE physics. Just been out and bought some GCSE revision guides...
15206 how did your CTC day go?
Last edited by contacttower118.2; 7th May 2013 at 18:59.
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Hi Guys,
I have my assessment with CTC at Dibden on Monday (anyone else?) I was wondering on how people got there? It seems to be pretty far out and I'm flying down from Scotland so getting a bus from LHR to Southampton. But, I'm a bit stuck on how to get there after Southampton....did anyone else get there by public transport?
I have my assessment with CTC at Dibden on Monday (anyone else?) I was wondering on how people got there? It seems to be pretty far out and I'm flying down from Scotland so getting a bus from LHR to Southampton. But, I'm a bit stuck on how to get there after Southampton....did anyone else get there by public transport?
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Mike91
It's not overly far from Southampton Central train station, don't know about the bus station though. I doubt you could get there using public transport. It's probably worth forking out for a cab as you don't want the added stress of the journey.
Best of luck!
Best of luck!
Last edited by average-punter; 7th May 2013 at 21:39.
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In answer to James and any others asking, once on a permanent contract you will have the bond repaid to you, at the rate of £1000 a month. However as your salary is £1000 a month less than a direct entry salary the only benefit you see is a slight advantage in your tax liability, which is nothing to be sniffed at, but still, it's not a repayment in the grand scheme of things.
Consider that £69000 gone, (it's paying for your training) and you won't be far wrong
WBV ( ex CTC cadet working for Ezy )
Consider that £69000 gone, (it's paying for your training) and you won't be far wrong
WBV ( ex CTC cadet working for Ezy )
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Mike91
You'll have to get a taxi out to Dibden Manor. It's easy to find as you pass it on your way into the village. It ain't cheap though, will cost you the bones of 50 quid return.
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I was never flexicrew, didn't exist at the time. I did my 6 months at £1000 pounds a month from CTC ( now £1200 a month ) and the got a permanent contract. By the way that's how the cost of the type rating is covered, easyJet pay CTC a lot more that £ 1200 a month for you, the difference goes to CTC as profit and to offset any type rating costs not covered by what you pay.
Talking to the guys on it though at the moment there is no bond repayment from easyJet during that period on flexicrew, so you will just be getting your flexi pay by the hour.
However your loan repayment to the bank will start after your payment holiday during training, so you will need to cover that from your flexible pay until such time as you get a proper contract as a permanent employee. Bear in mind that repayments on your loan/bond tend to come to more than £1000 per month if you've taken a big loan.
Talking to the guys on it though at the moment there is no bond repayment from easyJet during that period on flexicrew, so you will just be getting your flexi pay by the hour.
However your loan repayment to the bank will start after your payment holiday during training, so you will need to cover that from your flexible pay until such time as you get a proper contract as a permanent employee. Bear in mind that repayments on your loan/bond tend to come to more than £1000 per month if you've taken a big loan.
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EcamSurprise - thanks very much for all your input on this thread. I'm a bit concerned about the £1,200 per month figure for CTC Flexicrew. I might have misunderstood, but I thought that the loan repayments were around £1,000 per month - do you know if that is about right? If so, £200 for rent, travel, bills etc is quite frightening! How do people survive if they are based somewhere beyond commuting distance from parents?
On this link, the "Cadet Scheme" pay seems to be what they anticipate for Flexi, because there's a note to say that it depends on hours and "First Officer" looks to be the first permanent grade -
Latest news - easyJet plc
That suggests that they anticipate Flexi pilots will earn £40,000 to £50,000, depending on hours flown. £40,000 per annum is about £2,500 per month after tax. I realise that this is a total package, so actual cash to the pilot is likely to be somewhat less, but surely not half?!
Any guidance you can provide would be hugely appreciated! Thanks again!
On this link, the "Cadet Scheme" pay seems to be what they anticipate for Flexi, because there's a note to say that it depends on hours and "First Officer" looks to be the first permanent grade -
Latest news - easyJet plc
That suggests that they anticipate Flexi pilots will earn £40,000 to £50,000, depending on hours flown. £40,000 per annum is about £2,500 per month after tax. I realise that this is a total package, so actual cash to the pilot is likely to be somewhat less, but surely not half?!
Any guidance you can provide would be hugely appreciated! Thanks again!