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PHI Oil and Gas is now requiring new hires and current employed pilots to sign a 3 or 4 year training contract to upgrade to PIC or transition into a S76 or S92. The contract requires pilots to pay back the full training costs if they quit or get fired before the 3 or 4 years are up. The current cost for the S92 transition is about $115,000. The cost is not prorated. Rather than incentivizing retention, they are atempting to force pilots Into staying.