Whether you buy a PPC or not is entirely up to you. You peers at your new company may in fact never know, so in your work relationships with other co-pilots, you may live quite happily.
It is a fact that some companies, mine included, like to hire PPC'ed pilots. But
most organizations who look for PPCed applicants like to steal pilots who have work experience on the aircraft type
in addition to the much-vaunted PPC card. In this way, they have someone who has likely made all the initial learning errors on someoe else's dime.
Where the problem arises is in this:
- A course of training at an organization such as flight safety will not result in your being given a PPC unless the intended hiring company has in their ops manual approval of that organization as an approved training agency. The card is further contingent on their possesion of a letter from the intended company's HR department saying that you willhave a job contingent on receipt of a PPC. You may, depending on the Check Pilot, not get a PPC ride if you haven't written the exams for the aircraft and operations of that intended company. What you will get is a renewal of your instrument rating.
- Your knowledge of the systems may be adequete, depending on who does your training. But your knowledge of how it appies to your intended company's operation will be marginal at best.
- Your application of the company's SOPs will be non-existent.
Some companies will always hire PPCed pilots because their training costs are in the millions. Ours are. Some will hire a PPCed pilot because their training departments are not formalized. But mainly,some will hire because they need a pilot for a seat
right now!
If the company you want to work for is in this circumstance, then you hade better be able to hit the ground running, because your performance will not be as good as your peers. You might well end up with a job, but, ominously, a collection of captains who are saying,"Whoooo that Fred, nice guy, but he sure don't understand much!" Your personal workload after getting hired, is going to be higher to get up to speed compared to a company trained pilot.
When it comes time for the upgrade, it may well be the other drivers who come up for consideration.
For all the posturing we like to take ("I'll never hire/fly with a guy who bought a PPC"), drivers paying for a PPC is still going to happen. Whether the cost benefit of buying a PPC (and the potential baggage that will carry for you with your peers!) outweighs the cost of staying in the right seat at a lower pay scale much longer, is entirely dependent on you, your personality, and your ability to learn quickly.
I haven't had to buy one, but then, I never had to really go out and search desperately for a job with my funds running out.
I do know that when Jetsgo emerged on the scene, I wasn't tempted to pony up any cash, and as a result, I'm not out any money. The cash you expend on a PPC in hopes of improving your visability, has the potential to go up in smoke just like an MD80 PPC.
Good luck whatever you decide to do.