Tip Tank
Active member
- Joined
- Feb 24, 2005
- Posts
- 29
I've been reading around on these boards and I'm sure the truth is out there, but between everyone taking a swat at JetBlue and a lot of misinformation, I'm still a little confused about the 5-year contract.
What is it? Is it a promissory note (IOU) or what? What is the penalty for leaving (should one choose to do so)? Is the company obligated in any way in the contract or is it simply a retention tool to control turnover? What happens after five years (I hear that some of the first to sign the contract are coming up on their five year anniversary)?
Looking forward to a straight answer.
Thanks fellas,
- TT
What is it? Is it a promissory note (IOU) or what? What is the penalty for leaving (should one choose to do so)? Is the company obligated in any way in the contract or is it simply a retention tool to control turnover? What happens after five years (I hear that some of the first to sign the contract are coming up on their five year anniversary)?
Looking forward to a straight answer.
Thanks fellas,
- TT