Recovery of training costs policy template
This policy outlines the recovery of training costs for when employee leaves employment while undertaking sponsored training, or for a specified period of time after its completion.
Recovery of training costs policy
1 Overview
1.1 This policy sets out rules on how training costs may be recovered if an employee leaves employment while undertaking sponsored training, or for a specified period of time after completion.
2 Scope
2.1 This policy is applicable to all employees of [company name].
3 General principles
In the event that you leave employment for any reason [other than redundancy or long-term ill health] prior to the completion of the sponsored training, you agree to repay in full any contribution made
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What is this for?
This Recovery of training costs policy template aims to offer you a versatile and customisable tool, serving as a solid foundation for your needs. Utilise it to ensure consistency, enhance accuracy, and save valuable time.
Adapt it to suit your unique requirements, ensuring efficiency and effectiveness in your HR processes.
