Etihad Bond/Loan!
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Joined: Mar 2007
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From: On a bench in a park
Etihad Bond/Loan!
I hear Etihad are in a panic about Gulf Air guys joining with a bond?
Why are they bothered, Emirates isn't...
And Qatar will just pay your bond off and re-bond you when you arrive? (I'm told) So why don't Etihad so this?
I hear Etihad are now trying to do a deal with a bank in Abu Dhabi, so when guys turn up, they can take a loan to pay their bond off?
Don't (Etihad) they realise that Bahrain law clearly states that if a company trains you, you only have to work for them for one year...
Why are they bothered, Emirates isn't...
And Qatar will just pay your bond off and re-bond you when you arrive? (I'm told) So why don't Etihad so this?
I hear Etihad are now trying to do a deal with a bank in Abu Dhabi, so when guys turn up, they can take a loan to pay their bond off?
Don't (Etihad) they realise that Bahrain law clearly states that if a company trains you, you only have to work for them for one year...
Joined: Jun 2001
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From: Surrounded by aluminum, and the great outdoors
Are you another "sea lawyer"? ( I heard from a friend of mine whose lawyer told him etc...etc...) Or do you have a reference for your statement??? Easy to download the labor law and read it..havent seen that mentioned anywhere...not that I am in favor of bonds (just signed one myself) or defending the practice, but be sure your statement is accurate pls
Thread Starter
Joined: Mar 2007
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From: On a bench in a park
Be my guest....
Please give Al Jabal Law Office a call/make an appointment on.
Tel:+973 17530400
He has dealt with a number of Gulf Air pilots over the last few years, and Gulf Air has not tried to sue any of his clients.
Maybe Etihad should give him a call!!!
Please give Al Jabal Law Office a call/make an appointment on.
Tel:+973 17530400
He has dealt with a number of Gulf Air pilots over the last few years, and Gulf Air has not tried to sue any of his clients.
Maybe Etihad should give him a call!!!
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From: Surrounded by aluminum, and the great outdoors
Not for me if I have to leave I'll settle it with GF...good luck in your endeavours...but the arranged loan by a new employer is a great idea...wonder if it will ever happen
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Why on earth should EY pay off bonds!...you took them on when you joined so surely you should clear them before you leave.
If you didnt agree with bonds then why did you sign them in the first place!
I think you will find that EY do want you to clear bonds from previous employers.
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From: Surrounded by aluminum, and the great outdoors
ARRANGED LOAN.....LOAN....LOAN...READ THE POST!!! Of course nobody would expect the new employer to pay the bond off, and yes other places do indeed have this facility...
Thread Starter
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From: On a bench in a park
The bond is grossly over inflated, what choice do you have in signing it when you bring your family half way across the world and have resigned from your previous job.
I'd say the gf bond is double what any other airline/training organisation would charge.. (has any one seen an account into which Gulf Air pays your bond off?) NO
As explained by Jabal (Bahrain Lawyer) Bahrain law seeks to protect workers from unscrupulous employers who fix large training amounts on their workers. "if a company in Bahrain trains you, you only have a commitment to them for one year"
Maybe the inflated bond by Gulf Air is the real reason why Etihad don't want to pay the guys bonds off?
They would rather the pilots foot the bill themselves....
I'd say the gf bond is double what any other airline/training organisation would charge.. (has any one seen an account into which Gulf Air pays your bond off?) NO
As explained by Jabal (Bahrain Lawyer) Bahrain law seeks to protect workers from unscrupulous employers who fix large training amounts on their workers. "if a company in Bahrain trains you, you only have a commitment to them for one year"
Maybe the inflated bond by Gulf Air is the real reason why Etihad don't want to pay the guys bonds off?
They would rather the pilots foot the bill themselves....
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From: Surrounded by aluminum, and the great outdoors
Have heard that rumour about QR, however the guys from here that went that I knew didn't have bonds, so no hard facts available on that subject, and yes the story goes that EY does indeed want a letter stating all outstanding issues with your previous employer have been cleared up, but again thats "as the story goes"
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From: Havana
The bond is grossly over inflated, what choice do you have in signing it when you bring your family half way across the world and have resigned from your previous job.
I personally do not like bonds, however they have become a fact of life in our business and as a responsible adult you have the choice of whether to sign or not. You also have the responsibility of settling your account if you decide to break the bond or contract.
The letter that Etihad wants is simply to see if you are going to play the same game with them, I would think.
Joined: Apr 2005
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From: Middle East
And guess what?
if you join etihad today and you have to repay a loan for your GF bond in Abu Dhabi, you will end up with less money in Abu Dhabi than if you have stayed with GF...
Very ironic, isn't it?
BD
if you join etihad today and you have to repay a loan for your GF bond in Abu Dhabi, you will end up with less money in Abu Dhabi than if you have stayed with GF...
Very ironic, isn't it?
BD
Thread Starter
Joined: Mar 2007
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From: On a bench in a park
Etihad to pay the Bond.
Just heard that senior management in Etihad now want to pay the bonds of Pilots joining now.
Apparently they had a lot of trouble with Malaysian Pilots who had joined recently and not paid their bonds, they don't want a repeat.
They have also realised that asking Pilots to take a loan to pay their bond on arrival in Abu Dhabi is unworkable.
One manager said that "paying bonds off, is a small price to pay to keep aircraft flying"
Now that Gulf Air are about to raise the package, Etihad need to give this incentive to attract Pilots.
Just heard that senior management in Etihad now want to pay the bonds of Pilots joining now.
Apparently they had a lot of trouble with Malaysian Pilots who had joined recently and not paid their bonds, they don't want a repeat.
They have also realised that asking Pilots to take a loan to pay their bond on arrival in Abu Dhabi is unworkable.
One manager said that "paying bonds off, is a small price to pay to keep aircraft flying"
Now that Gulf Air are about to raise the package, Etihad need to give this incentive to attract Pilots.
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From: inside the CB
CHE GUEVARA i agree with u 100% we knew about the bond and signed it no one was forced to 
KISSMECAPTAIN gf bond is double what any other airline/training organisation would charge! maybe u r right! and very few were givin jet type rate 4 guys with 500hrs in prop, gulfair did that 
KISSMECAPTAIN gf bond is double what any other airline/training organisation would charge! maybe u r right! and very few were givin jet type rate 4 guys with 500hrs in prop, gulfair did that
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From: South of the border
As explained by Jabal (Bahrain Lawyer) Bahrain law seeks to protect workers from unscrupulous employers who fix large training amounts on their workers. "if a company in Bahrain trains you, you only have a commitment to them for one year"
A legal opinion is that as the labour law is applicable to ALL employees in Bahrain, therefore it follows that this clause should be no different - however, this has to be established in a court of law. ie someone has to either defend themselves or take on the employer over this issue, and establish a legal precedent.
As far as I'm aware, this hasn't happened yet.
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From: Havana
Well at least the EY bond is a half sensible figure for those non type rated who join.
If I remember correctly it is 3 months salary over 3 years..
If I remember correctly it is 3 months salary over 3 years..
Chao
