$40,000 Training Contract

[Greaseman]

Hey guys (and gals),

A buddy of mine just got offered a "promotion" within our Part 91/135 management company flying a 4 year old Challenger 604. This fine opportunity comes with something that I almost choked on when he told me----a $40,800 training contract for a two year committment. Salary in the mid 70's in a fairly expensive city.

Does anyone know what 604 Initial is going for these days? Has anyone signed a training contract lately for a 604?

Any details would be appreciated.

Thanks,

Grease

 

[hawkbee]

Give Flight Safety a call in Wilmington Delaware and ask. I am sure they will tell you. 302 221 5100

 

[Problow]

Run Run Run did I say Runnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn

 

[Rick1128]

Since the company is a management company, they most likely have enough aircraft to get a 'price' from either FSI or SF. About the only folks charging out the rear end for training is 'skidoo jet'. Retail for a G4 type was 38K last year. So the 604 type should be less. It sounds like the company might be including transporation, housing and per diem in this price.

ProPilot salary range for a 604 on charter is 79K to 107K with the average at 90K. Is the contract have provisions for proration? The problem with most companies that insist on training contracts is that they usually pay cr*p and treat their people like cr*p. That is way they have to insist on having a training contract.

 

[Greaseman]

Thanks for the info.

Rick, the contract does provide for a pro rata payback however as supported by the ProPilot averages, the pay appears to be sub-par.

Grease

 

[KSUPILOT]

Well if that is something to choke on I signed a 3 year pro rata after first year 23,000 for a hs-125 inital. Call me any name you want but along with it came a solid company. lots of room for growth up to 550 gulfstream which they are getting a second one. my contract included intial, two recurents, salary during all three sesions and anything that I cost the company during the training period. As many of you think that training cotracts are going away I would think the other way. It makes me feel more secure with our comaony because they do not like to battle contracts which gives you a little more flexibility to talk with them.

 

[MissKittyKat]

Greaseman, wish your friend the best. I also worked for a management company, no aircraft owned, just leased. Let's see, I can understand the contract if the company is paying for training. I do pay for own training too.

My financee went to Flight Safety in March, paid for his training, at the cost of 12,000. He has been working like a bandit, but I can understand if a company will pay for training you/ he / she male pilot may have to sign a contract, it is about retaining a qualified/highly skilled employee!

Best of luck to your friend and keep our industry High on the bar!

 

[G100driver]

You make me proud to be professional pilot ....

 

[G100driver]

Greaseman, wish your friend the best. I also worked for a management company, no aircraft owned, just leased. Let's see, I can understand the contract if the company is paying for training. I do pay for own training too.

My financee went to Flight Safety in March, paid for his training, at the cost of 12,000. He has been working like a bandit, but I can understand if a company will pay for training you/ he / she male pilot may have to sign a contract, it is about retaining a qualified/highly skilled employee!

Best of luck to your friend and keep our industry High on the bar!

I realize that you Can't Understand Normal Thinking ... but do you even know where the bar is?

I do not even know your financee, but he sounds like a tool. If you want to retain qualified skilled people, pay them well and do not treat them like yesterday's garbage.

 

[MissKittyKat]

G100, thank you so much! We have NEVER been treated like garbage with any company, ever! My fiancee, is not a tool, please do not ever call him that again! Please don';t do that. This was his first time paying for training and believe me, it has paid off, as an independant contractor! He is 57, my God he is doing well, he has to turn down companies, that's how busy he is!

He makes great money, our kids are grown! When I contract it is great money! We are blessed, please do not call us tools! Thank you!

 

[MissKittyKat]

Don't ever call us tools again!

 

[MissKittyKat]

I do not wish to flamebait ( something I learned at fI) but we are not tools!

I added something positive here, and yet get accused of being a tool! My life is good, flying is good and contracting is GREAT! g100, you are out of line, you addressed me, and NOT THE poster who was looking for a response!

 

[MissKittyKat]

g100 driver, in the future, please update your profile out of respect. What aircraft do you fly? Are you a Captain on a Global Express? How many type ratings do you have? Would you have enough class to address the poster and what he was asking?

For future reference dont ever call us tools again! I think you hear me loud and clear!

 

[jaxpilot]

MissKittyKat- My God, you are wierd.

 

[MissKittyKat]

Strange but working my buns off! No problem! Jax! thanks

 

[MissKittyKat]

jax. Please post your ratings and hours thanks!

 

[747flyboy]

A piloty would have to be an asshole to turn down a good job just because they would have to sign a two-year training contract. The reason companies do it is because there are too many scumbag pilots out there who get types and leave, pretty simple.

My friend in Lauderdale signed a contract almost 2 years ago for a 604 type, they're now sending him to Global Express school after his 604 recurrent, not bad.

The only "tools" out there are people who pass up jobs like this.

 

[Greaseman]

"747Flyboy",

Lose the attitude. This thread was merely a fact-finding mission in an effort to help a friend. I'm not debating the merits of training contracts, I"m well aware as to why they exist. We're just talking numbers here.

Do me a favor, call your buddy and see what dollar value they assigned to his committment.

I'm out.

Grease

 

[Brett Hull]

A piloty would have to be an asshole to turn down a good job just because they would have to sign a two-year training contract.

Let me see if we're on the same page here. You're a tool if you don't feel comfortable signing your life away to some company just so you can fly their shiny airplane? Is that right?

Do any of the Directors, VP's of beancounting, etc... have to sign any type of "stay for X amount of time or write us a check" contracts?

What's that quote about being our worst enemies again?

My friend in Lauderdale signed a contract almost 2 years ago for a 604 type, they're now sending him to Global Express school after his 604 recurrent, not bad.

Did he have to sign another or did he get "credit" for fulfilling his promice the first time?

 

[Snakum]

jax. Please post your ratings and hours thanks!

Listen Tool Bag .... who are you to question a professional pilot's hours and ratings. You're a friggin FA, fer Christ's sakes.

Don't you have some pies to bake or biscuits to sling?


But back to the subject:

I can understand the need for training contracts, even if I don't like the idea personally. But $40K? Sheesh!