However, it is important for employers that it can also be used to indicate when a worker might be responsible for reimbursement of these training costs and how that reimbursement would work. In particular, it can determine whether these costs are reimbursed when an employee leaves the company shortly after the end of the training. B. The following agreement (“agreement”) is reached on the provision of online training services via Hays` website. However, in some situations, small businesses also need to protect the investments they make in their employees. D-D doesn`t always cost Earth, but some courses or job qualifications can be very expensive – if an employee ends up leaving his company just after completing a training that your company has paid for, he could seriously pull you out of your pocket. 15. Full agreement 15.1. This agreement, as well as all the documents mentioned in it, constitute the whole agreement between the parties and replaces any previous agreement, agreement or arrangement between them with respect to the purpose of this agreement. 15.2.
Each of the contracting parties acknowledges that it does not rely on a statement, insurance, insurance or guarantee (representation) of an individual (whether or not a party is a party to this Agreement) for the conclusion of this Agreement and the documents mentioned in it, except in this Agreement or in these Documents. Each contracting party accepts that the only appeals available to it under or in connection with a representation constitute an offence, as expressly stated in this agreement. 15.3. Nothing in this clause limits or excludes liability in the event of fraud. 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. If a training agreement has the practical effect of “capturing” an employee in his or her current role, it may well be considered unenforceable. Let`s take a look at an example of training chords in action. 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. Not only would your company not be able to benefit from paid training in the short term, but it could also, in the end, pay again for the same training if it makes a replacement. Factor in the lower costs inherent in any recruitment process and you can see how this could possibly leave a small business in a really difficult position.
6. Fee and payment 6.1. To access the services, you must send a prepayment to the online payment system. . 6.2. All charges due are excluding VAT added to the tax and the applicable rates are set in educationtraining.hays.co.uk/pricing; 6.3. Payment for services is made in advance and we accept your payment with order confirmation. In order to avoid any doubt, payment is made every 12 months for services subject to termination fees. 6.4. Without prejudice to any other right or recourse he may have, Hays may, if the Customer does not pay the tax on the due date, 6.4.1.