Canjet to increase training bond?

birdie · Post by **birdie** » Tue Jan 24, 2006 11:55 am

Heard from a reliable source today that Canjet increased their admittance fee from a 7000 to a 30000 signed training bond? Can Anyone confirm this? If this is true I thought they were looking for people not tryng to discourage them.

nightrunner · Post by **nightrunner** » Tue Jan 24, 2006 12:58 pm

It's true.

nightrunner · Post by **nightrunner** » Tue Jan 24, 2006 1:01 pm

It's true.

CAL · Post by **CAL** » Tue Jan 24, 2006 1:05 pm

I know its hard to say no if you had the offer but if no one says yes to more bull....then they will have to cancel it....if we could just get everyone to say no....

Hard to believe that in a period of hiring and anti- bonds etc that they are doing this...maybe the bottom line is hurting a bit....alot of new a/c coming online recently?

split s · Post by **split s** » Tue Jan 24, 2006 1:11 pm

And before you caugh it up, remember to ask others how it feels to piss away 30 G's!

IFR Pilot · Post by **IFR Pilot** » Tue Jan 24, 2006 1:46 pm

It will be interesting to see how they will get 5000 hours and a signature on a $30, 000 piece of paper in todays industry...

cyyz · Post by **cyyz** » Tue Jan 24, 2006 2:37 pm

Who do you make the Cheque out to ?

metal overcast · Post by **metal overcast** » Tue Jan 24, 2006 3:27 pm

I was of the impression that the 30K was for direct entry Captains who are getting a 10K signing bonus.
Also heard Captain at CanJet got a small raise and nothing for the FO's.
I can't believe they are surprised that people want to leave. They could have a real good thing there but instead they give the impression that they don't give a crap about their employees.

Bede · Post by **Bede** » Tue Jan 24, 2006 3:50 pm

Talked to a guy yesterday. He has 0.8 hrs in an F100, and a $30K debt to pay. Don't forget what happened last time.

complexintentions · Post by **complexintentions** » Tue Jan 24, 2006 5:20 pm

Not to defend bonds, paying for training, or the like...but in the interests of balanced reporting...

There is no actual figure attached to the bond. 30,000 is a figure someone pulled out of their a$$ because that's what SG had. It is a BOND, it is not a cheque or money paid up front or anything of that kind.

Sheesh...hey nobody let the facts get in the way of a good rant!

btw, the post that started this thread....hmmm...1st post, all innocent-like...methinks birdie is one of the CanJet pilots stirring the pot...

KAG · Post by **KAG** » Tue Jan 24, 2006 5:25 pm

Is it a bond? so no money up front? How long is it for? is it prorated? do you have to pay any interest? what happens if Canjet goes the belly up, are you accountable?

Questions I would be asking during the interview...

Bonds arn't so bad (if pilots were good to there word they wouldn't exist), paying for a job is.

Cheers.

EastCoaster · Post by **EastCoaster** » Wed Jan 25, 2006 4:20 am

CanJet is actually looking for those training bonds in the form of a signed document in order to hold onto experienced pilots. With the industry in an upswing, an airline with a quick transition time for moving to the left seat must deal with the fact that some of the pilots coming to work for them are simply there to get the left seat upgrade and jet time. This is a completely acceptable way to deal with the high turnover rate as it doesn't really cost anyone anything. It is simply to discourage the high time direct entry guys from making this a brief stop on their CV's. Nobody will lose anything should CanJet fail as it is simply a division of a parent company, IMP Group. IMP Group would be responsible for all monies owed by the airline should they cease operations. I think most could read between the lines to understand that CanJet is here to stay. Maybe the focus of the company will change but there will be a CanJet for many years to come.

Rubberbiscuit · Post by **Rubberbiscuit** » Wed Jan 25, 2006 6:42 am

Discouraging pilots from leaving is the goal and the current bond size isn't cutting it I guess. Sounds like they are using the high profile IMP inhouse lawyers to hunt down every cent of every bond broken too. If you are brave enough to go to court and loose you will also have to flip the legal bill for canjet. So it doesn't sound to me like a gould idea unless you are prepared to fulfill your contract or pay what is owing on the bond on your way out the door.

Disco Stu · Post by **Disco Stu** » Wed Jan 25, 2006 7:31 am

Is it true you have no health/dental benefits at Canjet?

metal overcast · Post by **metal overcast** » Wed Jan 25, 2006 11:07 am

Health yes dental no.

flynbutcher · Post by **flynbutcher** » Wed Jan 25, 2006 2:05 pm

ALPA may change that though!

planett · Post by **planett** » Wed Jan 25, 2006 9:00 pm

There are other ways to hang on to pilots.

cyyz · Post by **cyyz** » Wed Jan 25, 2006 11:16 pm

planett wrote:There are other ways to hang on to pilots.

metal overcast · Post by **metal overcast** » Thu Jan 26, 2006 5:22 am

There are precious few companies that know how to hang on to pilots.
On the whole AC, WestJet, Transat, Skyservice don't lose that many pilots.
The rest of them must not give a shit.

... · Post by **...** » Thu Jan 26, 2006 6:18 am

On doctor’s orders to avoid the threat of an aneurism, I have removed my post.

cyyz · Post by **cyyz** » Thu Jan 26, 2006 7:44 am

metal overcast wrote:On the whole AC, WestJet, Transat, Skyservice don't lose that many pilots.

AC fires their pilots, and those with seniority that don't get laid off, are usually making enough that it wouldn't be a sound choice to quit..

Canjet to increase training bond?

Canjet to increase training bond?

Not as bad as it looks