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. 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. Visit the Internal Revenue Service website and search for information on education assistance as taxable income. Insert in the training agreement a statement indicating which party is responsible for the tax consequences of aid to education. The conclusion of the continuing education contract and a new meeting with the employee to discuss the conditions of the training provided by the employer. Get the employee`s signature and give them a copy of the training agreement. Place an additional copy in the employee`s personal file. 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.

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. The Caldecott Foundation is investing considerable funds in training to achieve the following:- Let`s take a look at an example of an action training agreement. If a company spent US$1,000 on training, but the employee resigned the day after the course ended, it would be fair and reasonable to ask the employee to repay the US$1,000 as part of a training agreement. 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. The Caldecott Foundation is committed to the development and training of all employees. To this end, the organization will provide support through negotiation, funding and training time (particularly the workforce diploma for children and youth). However, the Caldecott Foundation believes that staff: – If a training agreement has the practical effect of “capturing” an employee in his or her current role, it is quite possible that it is not applicable. A training agreement is a written agreement between an employer and its employee, which defines the conditions of each training that the company pays for them.