CEBU NTR BOND
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CEBU NTR BOND
Hi Guys
I have not seen any thread with regards Cebu NTR bond
Do any one could give some details on the NTR Bond and if its pro-rated?
Thanks very much
I have not seen any thread with regards Cebu NTR bond
Do any one could give some details on the NTR Bond and if its pro-rated?
Thanks very much
Join Date: Apr 2014
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Bonds range from $30,000 US up to $50,000 US.
Repayment is typically 3 years and CP will have the pilot write a check for each month of those three years and post date them (Very illegal, BTW). The scheme is if the pilot leaves before the 3 years then CP will start cashing the checks, and if the checks bounce for lack of funds then they will have the pilot charged under local law for writing bad checks.
But it gets better. Let's say the pilot is an FO and upgades in 2 years, now the pilot signs another bond for the upgrade, so this pilot can have two bonds at the same time. And CP also tries to bond all pilots whether typed or not.
In today's pilot market, any company that requires a pilot to sign training bonds is not worth working for as there are many airlines hiring. Also consider that signing that bond with CP you are working for very low wages, the worst scheduling system, virtually no benefits and training that is substandard.
N4790P
The so called "bonds" are nothing more than a method to get a pilot into indentured servitude. The price of the bond well exceeds what the training actually cost. And the price of the bond is usually set by HR depending on the pilot.
Bonds range from $30,000 US up to $50,000 US.
Repayment is typically 3 years and CP will have the pilot write a check for each month of those three years and post date them (Very illegal, BTW). The scheme is if the pilot leaves before the 3 years then CP will start cashing the checks, and if the checks bounce for lack of funds then they will have the pilot charged under local law for writing bad checks.
But it gets better. Let's say the pilot is an FO and upgades in 2 years, now the pilot signs another bond for the upgrade, so this pilot can have two bonds at the same time. And CP also tries to bond all pilots whether typed or not.
In today's pilot market, any company that requires a pilot to sign training bonds is not worth working for as there are many airlines hiring. Also consider that signing that bond with CP you are working for very low wages, the worst scheduling system, virtually no benefits and training that is substandard.
Bonds range from $30,000 US up to $50,000 US.
Repayment is typically 3 years and CP will have the pilot write a check for each month of those three years and post date them (Very illegal, BTW). The scheme is if the pilot leaves before the 3 years then CP will start cashing the checks, and if the checks bounce for lack of funds then they will have the pilot charged under local law for writing bad checks.
But it gets better. Let's say the pilot is an FO and upgades in 2 years, now the pilot signs another bond for the upgrade, so this pilot can have two bonds at the same time. And CP also tries to bond all pilots whether typed or not.
In today's pilot market, any company that requires a pilot to sign training bonds is not worth working for as there are many airlines hiring. Also consider that signing that bond with CP you are working for very low wages, the worst scheduling system, virtually no benefits and training that is substandard.
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They have asked for bonds after the training has occurred, nothing new there. They have even threatened termination if the pilot didn't sign.
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Or maybe the sim sessions, where everything is done by rote and no understanding of why they are doing the procedure. Or how about the CRM training? You know, they talk about it, but it's not actually practiced, or even understood.
We could go on and on......but you get my point.
N4790P
Where do you want to start? Perhaps the ground training? This is where systems is taught by an instructor who knows nothing about systems, he reads from slides not understanding what he is reading, then gives out the test questions followed by the sheet with the answers. Every scores 100!
Or maybe the sim sessions, where everything is done by rote and no understanding of why they are doing the procedure. Or how about the CRM training? You know, they talk about it, but it's not actually practiced, or even understood.
We could go on and on......but you get my point.
Or maybe the sim sessions, where everything is done by rote and no understanding of why they are doing the procedure. Or how about the CRM training? You know, they talk about it, but it's not actually practiced, or even understood.
We could go on and on......but you get my point.
Have you personally experienced or witnessed any of the above?
I am referring specifically to A330 in this case
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Have you any actual experience outside of CP's training?
N4790P
