Employment Agreement Clause With Training
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FAQ
An employment contract is an enforceable agreement between two parties that contains whatever terms and conditions of employment the parties agree upon and, when accepted, becomes controlling upon the employment relationship. The contract may be oral or written, express or implied (the latter terms are defined below).
If Executive's employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, award or compensation other than as provided in this Agreement, or as may otherwise be available in ance with the Company's established written plans and written policies at the time of ...
The agreement should specify the training cost, the length of time the employee must continue working for the company after completing the training, and the repayment requirements that apply if the worker leaves the organization before the specified time.
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 ...
"Employers in California cannot recoup the cost of training from employees when the employer mandates the training. Those expenses are considered a cost of doing business for the employer," Pyne noted.