Uncategorized
Before sending their team for training, many companies ask their employees to sign a training contract that is designed to reimburse investments in their training if they leave before a certain period of time. Let`s take a look at an example of training chords in action. If a company spent US$1,000 on training, but the employee resigned the day after the course ended, it would be fair and reasonable to ask the employee to repay the US$1,000 as part of a training agreement. Here, too, it is above all a question of putting this balance in order. The training agreement model provided above will do the job in most cases – but sometimes you need more specialized assistance. If you need help developing a training contract, contact us with our human resources consultant. If the cost of the course is relatively low, the training contract could come from the employee`s last salary. If it costs more, employers could establish a more structured payment plan. But if that employee stayed two years after the end of the course, using this training every day, then $2000 is not a reasonable estimate of the money that the company has really lost.
In that case, it would not be wise to use a training agreement to recover the full $2,000 — and it is very likely that it would not be legally successful. If you`re looking for a template for workout chords that you can use in your small business, just click on this link. This model was designed by our professional, CIPD-qualified HR consultants who specialize in supporting small businesses and startups. Editorial Policy: We are a free online resource for anyone who wants to learn more about legal issues and insurance. Our goal is to be an objective, foreign means for everything that is legally and based on insurance. We regularly update our website and all content is verified by experts. If a training agreement has the practical effect of “capturing” an employee in his or her current role, it may well be considered unenforceable.