Training cost repayment agreement form template
If you are sponsoring training, this model agreement details the cost repayment schedule if the employee resigns before or shortly after it is complete.
It uses a sliding scale for a repayment commitment up to 12 months after the training is completed.
2 pages / 323 words , 7.5 mins to prepare
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Training cost repayment agreement form
| Name: | |
| Department: | |
| Line manager: | |
| Course title: | |
| Course cost: |
If you leave the company (through resignation or dismissal) during the training or you fail to complete the training or sit any required examinations the full cost of the funding will be required to be repaid.
If you leave the company within 12 months following completion of the above training, and the course value is £[amount] or more, you will
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Employers can only deduct money for training courses if it was agreed in the contract or in writing beforehand.
For example, an employer could ask someone to agree in writing before a training course to pay back costs if they leave within 6 months.
Direction:Global (check local legislation)
