Training Agreement Document

However, in some situations, small businesses also need to protect the investments they make in their employees. D-D doesn`t always cost Earth, but some courses or job qualifications can be very expensive – if an employee ends up leaving his company just after completing a training that your company has paid for, he could seriously pull you out of your pocket. This is where a training reimbursement contract is concluded – it`s a way for companies to make sure they don`t lose financially if they pay for the development of their employees. 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. 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. 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. The second thing to think about when implementing training agreements is the idea of “trade restriction.” As we have already said, training agreements are designed to protect businesses from losing their investments – but the law will not allow an employer to use them to unreasonably prevent someone from changing jobs. However, if the training contract is properly developed, it would be reasonable to expect the employer to recover a certain proportion of the $2,000. 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.