Virginia Training Expense Agreement
Description
How to fill out Training Expense Agreement?
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FAQ
A training agreement is a legally enforceable contract that sets out the terms and conditions of any training that you provide your employees. It establishes the cost of undertaking training, and who is responsible for paying.
Training bonds are legally binding and enforceable documents.
The short answer is yes, a properly drafted training bond is enforceable. When looking at training bond agreements, there are certain things you need to consider.
These agreements provide that the employer will pay for the employee to receive valuable work-related training or education in exchange for the employee's commitment to remain employed by the employer for a defined period of time.
In essence, a training contract is an agreement between an employer, such as a manager or supervisor, and an employee. It outlines all of the key skills or knowledge employees must acquire, how they will acquire it, and how the outcome will be assessed.
Can employers deduct your pay for training? If the employer is relying on a contract provision or written consent from the employee, the answer is Yes. If the deduction for training occurred without such authority, then the deduction would be illegal and the employee may have a potential employment claim.
According to the Employment Law Handbook, while some states may allow your employer to make you pay for training costs, federal labor law still requires your employer to pay you at your regular rate for the hours you spend completing required training.
According to the Employment Law Handbook, while some states may allow your employer to make you pay for training costs, federal labor law still requires your employer to pay you at your regular rate for the hours you spend completing required training.
