But important for employers, it can also be used to determine when a worker might be responsible for reimbursing these training costs and how that reimbursement would work. In particular, it can determine whether these costs become reimbursable when an employee leaves the company shortly after the end of the training. Some training agreements operate on a kind of sliding scale where the longer the employee stays in the company, the less he has to repay if he decides to continue. In other companies, the training contract is a bit black and white, a certain cut-off point imposing when the employee is no longer responsible for refunds. This document is a template provided by ESFA to assist employers. This is where a training reimbursement agreement comes in – it`s a way for companies to ensure they don`t lose financially when they pay for the development of their employees. However, in some situations, small businesses also need to protect investments in their employees. L&D doesn`t always cost the world, but some courses or professional qualifications can be very expensive – if an employee leaves your company shortly after completing a training course your company has paid for, it could seriously get you out of your pocket. Here too, it is important above all to find this balance in order to obtain the correct formulation of the training contract. In most cases, the model proposed above for training conventions does the job, but sometimes you need more specific support.
If you need help creating a training contract, contact us to learn more about our human resources advice. Not only will your company not benefit in the short term from the training it has paid for, but it would end up paying again for the same training if it started a replacement again. Consider the stuck costs inherent in any recruitment process, and you can see how that could put a small business in a really tough position. If you are looking for a model of training agreements that you can use in your small business, simply click on this link. This model was developed by our professional HR consultants, CIPD qualified, specialized in HR support for small businesses and startups. Use this agreement to describe an employee`s conditions so that training fees are paid by their employer. This form invites staff to identify and motivate training needs when requesting training for themselves or for another staff member. This letter can be adapted to the special aid agreed for studies or training. This support can take various forms, such as. Β cover for training or qualification costs, exemption for studies or assistance with course books, costs for examinations or professional affiliation.
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