VAL vs. Bearskin

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BTD
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Re: VAL vs. Bearskin

Post by BTD »

vmc_demo wrote:
if you lose your medical you dont have to pay the bond, if you quit before 2yrs you pay everything, if you are laid off, you pay nothing

if you get FIRED, the company pays half.

the company gives this to you in writing[/b]
The bolded above is incorrect. If you leave before 2 years you will owe the balance remaining on the bond. It is prorated over 24 months. You only owe half on the bond if you are fired due to gross negligence.
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Brown Bear
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Re: VAL vs. Bearskin

Post by Brown Bear »

BTD wrote:
vmc_demo wrote:
if you lose your medical you dont have to pay the bond, if you quit before 2yrs you pay everything, if you are laid off, you pay nothing

if you get FIRED, the company pays half.

the company gives this to you in writing[/b]
The bolded above is incorrect. If you leave before 2 years you will owe the balance remaining on the bond. It is prorated over 24 months. You only owe half on the bond if you are fired due to gross negligence.
You're both wrong. The company already HAS your money. It's not how much you OWE, rather how much you'll get back.... :prayer: :prayer:
:bear: :bear:
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xsbank
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Re: VAL vs. Bearskin

Post by xsbank »

Something else you nimrods are missing - if the GIC was in YOUR NAME there would be no point in taking it out as its in YOUR NAME.

The GIC for Voyageur is NOT in your name.

Good luck if you pooch your training. Or you don't get along with the CP. Or you have a fight with maintenance. Or your alarm doesn't go off and you are late. Or you are involved in an 'incident' when flying. Or they want you to go somewhere and you refuse because its unsafe. Or you argue with a client. Or they don't like your attitude once the fact that they own your ass sinks in and you get a little surly.

Get a real job.
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Brown Bear
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Re: VAL vs. Bearskin

Post by Brown Bear »

xsbank wrote:Something else you nimrods are missing - if the GIC was in YOUR NAME there would be no point in taking it out as its in YOUR NAME.

The GIC for Voyageur is NOT in your name.

Good luck if you pooch your training. Or you don't get along with the CP. Or you have a fight with maintenance. Or your alarm doesn't go off and you are late. Or you are involved in an 'incident' when flying. Or they want you to go somewhere and you refuse because its unsafe. Or you argue with a client. Or they don't like your attitude once the fact that they own your ass sinks in and you get a little surly.

Get a real job.
Or, they just don't like the "cut of your jib". Still, they line up for these "jobs".
:bear: :bear:
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jpar84
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Re: VAL vs. Bearskin

Post by jpar84 »

Hey guys,

I don't have much knowlege on this topic so my idea may be a bit naive but I thought I would throw it out there. Say company A who doesn't ask for money upfront trains a pilot and that pilot runs soon after for an interview at company B, wouldn't company B find it peculiar that the pilot in question was recently trained on an aircraft by company A and only worked for company A for a short period of time. I would think that this would set off alarm bells giving company B a good idea of the particular pilots integrity. Maybe its only a problem when there are pilot shortages and companies such as company B have no choice? Anyway, I would think given the fact that the supply of pilots usually outweighs the demand most companies should be able to protect themselves from the train and run pilots simply by weeding them out thorough past employment patterns. I'm sure its more complicated than that though right???

cheers
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Captain Kangaroo
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Re: VAL vs. Bearskin

Post by Captain Kangaroo »

Why would anyone bring this thread back to life?
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seniorpumpkin
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Re: VAL vs. Bearskin

Post by seniorpumpkin »

The problem with your theory jpar84 is that there are several companies who have very low morals in aviation. That combined with the fact that training often requires thousands of dollars in an industry where margins are very tight means that these sorts of things will continue to happen.
Enough said?
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