Training contracts are a sore note on this site. I have signed one and fulfilled my obligations under it. It got me to where I wanted to go in this industry. I have refused to sign others.
Unfortunately, it has been my experience that a majority of the companies that require training contracts do so to lock an employee in. The companies that require a contract for recurrent IMHO are total lowlifes. The regs require recurrent training and therefore it is a cost of doing business. You can bet they are taking it off their taxes. I wouldn't sign a contract that would not pro-rate. As you get closer to your contract completion, the less you should owe. After all the company has gotten some value for their money. It has also been my experience that many of these companies will lie to get you to sign and will then tell you the cold hard truth after you are locked in. Especially regarding pay and benefits.
The one that really bugs me is the company that inists that you sign a contract even though you are already typed in their aircraft. Real winners here.
While I do understand why companies do require a contract, too many of them are way too one-sided. They need to be reasonably balanced.
Unfortunately, it has been my experience that a majority of the companies that require training contracts do so to lock an employee in. The companies that require a contract for recurrent IMHO are total lowlifes. The regs require recurrent training and therefore it is a cost of doing business. You can bet they are taking it off their taxes. I wouldn't sign a contract that would not pro-rate. As you get closer to your contract completion, the less you should owe. After all the company has gotten some value for their money. It has also been my experience that many of these companies will lie to get you to sign and will then tell you the cold hard truth after you are locked in. Especially regarding pay and benefits.
The one that really bugs me is the company that inists that you sign a contract even though you are already typed in their aircraft. Real winners here.
While I do understand why companies do require a contract, too many of them are way too one-sided. They need to be reasonably balanced.