Training agreements are a perfectly legal and appropriate way for companies to protect themselves financially. However, if you decide to wear one, there are a few things you should watch out for. Draft basic employment contract containing the employee`s professional objectives identified at the meeting and during the last performance evaluation. Describe the type of training and its learning goals. If the employee enrolls in university courses, list courses, credit hours and subjects. Take into account the length of the training or the number of semesters during which staff attended a university. When you run a small business, it`s essential to help your team grow and grow – but you also need to make sure that any investment you make in your team is protected. Here, a training contract can help. In this article, we show you exactly how to use a training contract and provide you with a model training agreement written free of charge.
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. Not only would your company not be able to benefit from paid training in the short term, but it could also, in the end, pay again for the same training if it makes a replacement. Factor in the lower costs inherent in any recruitment process and you can see how this could possibly leave a small business in a really difficult position. The Caldecott Foundation invests considerable funds in training to obtain: – But if this employee stayed two years after the end of the course and uses this training every day, then 2000 dollars 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. Include the desired results for staff training. For intensive training programs, you must present a certificate of completion by the employee. For university courses, the desired result could be a minimum score. For example, to include conditions in which the employer interrupts the training allowance or when the employee is required to compensate the company, for example.
B the non-completion of course work.