Get Training Expense Agreement 2020-2025

Recouping training costs is permissible if the training is voluntary and related to job skills, and if the employment contract stipulates repayment for training costs if an employee leaves the job within a certain time period.

A training agreement, or an employee repayment agreement is a legally enforceable contract that sets out the terms and conditions of any training that you provide your employees. It establishes the cost of undertaking training, and who is responsible for paying.

The employee is statutorily liable to reimburse the training costs in case of voluntary resignation by the employee or dismissal due to breach of employment obligations. In any event, reimbursement should be proportional to the time worked in the company after training.

A training repayment agreement provision, also referred to as a training agreement, a training reimbursement agreement or a training clawback, is a type of employment contract that asserts an employer will cover the cost for an employee to receive work-related training in exchange for the individual's continued ...

A training agreement is a written agreement between an employer and their employee setting out the conditions of any training the company pays for them to take. It will set out: how much the training costs. who is providing the training.

A training agreement, or an employee repayment agreement is a legally enforceable contract that sets out the terms and conditions of any training that you provide your employees. It establishes the cost of undertaking training, and who is responsible for paying.

What is training reimbursement? Training reimbursement is when a company covers the cost of a training program an employee elects to do. Typically, training should relate to the employee's position. Training reimbursement policies generally fall under the category of tuition or education assistance.