This form offers financial assistance to employees for training expenses under certain
circumstances. Courses must be approved by employer. Also, the courses must be, in employer's opinion, directly or reasonably related to certification in the employee's field.
This form also provides for a covenant not to compete. Restrictions to prevent competition by a former employee are held valid when they are reasonable and necessary to protect the interests of the employer. For example, a provision in an employment contract which prohibited an employee for two years from calling on any customer of the employer called on by the employee during the last six months of employment would generally be valid.
Vermont Certification Training and Reimbursement Policy for Employees with Covenant not to Compete is a specific policy implemented in the state of Vermont concerning employees who have signed a covenant not to compete. This policy outlines the provisions and guidelines for certification training and reimbursement for such employees. The purpose of this policy is to foster professional development and ensure that employees who have entered into covenants not to compete are not unduly restricted from pursuing further education and skills training. It aims to strike a balance between protecting the employer's legitimate interests and providing employees with the opportunity to enhance their skills and knowledge. Under this policy, there are two types of Vermont Certification Training and Reimbursement Policies for Employees with Covenant not to Compete, namely: 1. General Certification Training and Reimbursement Policy: This policy applies to employees who have signed a covenant not to compete and wish to further their education or acquire additional certifications within their current field of employment. It provides guidelines on eligibility criteria, reimbursement limits, and the process for seeking approval for certification training. Employees interested in pursuing additional training must submit a request to their immediate supervisor or the human resources department. The request should include details about the specific training program, its relevance to their current job role, and the anticipated cost. The employer will review the request, considering factors such as the impact on the employee's current workload and the potential benefit to the organization. If approved, the employer will outline the reimbursement terms, including the maximum reimbursement amount, any required minimum time of service after completion of the training, and any conditions if the employment relationship is terminated before the minimum service period lapses. Reimbursement for certified training expenses may be provided partially or in full, depending on the employer's discretion and the employee's commitment to fulfilling the obligations of the covenant not to compete. 2. Specific Certification Training and Reimbursement Policy: This policy caters to employees covered by a covenant not to compete who wish to pursue a specific certification or education outside their current field of employment. Such cases may arise when an employee seeks to transition to a new career path within or outside the organization. This policy recognizes the importance of supporting employees' career growth while considering the employer's legitimate interests. The process for seeking approval and the reimbursement terms for specific certification training may be different from the general policy. The employer will evaluate the relevance and potential benefits of the training to the employee's current and future job roles, as well as the impact on the organization. Reimbursement terms, including maximum reimbursement limits, minimum service requirements, and conditions of termination, will be determined on a case-by-case basis. In summary, the Vermont Certification Training and Reimbursement Policy for Employees with Covenant not to Compete aims to ensure that employees who have signed restrictive covenants can still pursue educational and skills development opportunities. By allowing employees to enhance their knowledge and acquire certifications related to their current or potential job roles, this policy encourages professional growth while maintaining a balance of interests between the employer and the employee.
