At our operation everyone loads and unloads the bags. It really isn't a big deal (unless you have a bad back or something). Most of us are Captains, so the whole FO servitude thing doesn't apply.
Now a training contract? No good company (airline or corporate) would need to require one of these. That is a warning sign.
Now a training contract? No good company (airline or corporate) would need to require one of these. That is a warning sign.