Institute For the Criminally Insane

Employee Reimbursement Agreement Template

Posted By on April 9, 2021 in Uncategorized | 0 comments

The waiving or non-exercise by either party of a right under this agreement is not considered to be a waiver of another right or remedy to which the party may be entitled. International Communication Solutions offers such training to “collaborators” in the hope that the “collaborator” will remain a collaborator of the organization for at least 2 years, so that he benefits from investments in staff training. Of course, it is not enough to motivate an employee to pay only one slippery refund fee. High-potential employees are attracted to companies that have a strong career development program, challenges and effective performance evaluations. They live on feedback and are constantly looking for new challenges. To help you, check out our performance reviews and training and development kits. You may have an ambitious collaborator with exceptional talents who will ask you to fund all or part of an expensive educational program, such as. B an MBA or a postgraduate certificate. It`s great, and you may want to support it, but in a way, you also need to protect the interests of your business.

Implementation of such an agreement ensures that the employee agrees to remain with your company for a predetermined period after the completion of the training and must reimburse a portion of the training costs if it ends earlier. Both the International Communication Solutions and the “worker” agree that this agreement is not an employment contract. The above conditions form the whole agreement between the parties and reject any prior communication or agreement regarding the purpose of this agreement. There are no written or oral agreements directly or indirectly related to this agreement that are not set out here. This agreement can only be amended in writing and signed by both parties. Content of the Agreement on the Reimbursement of Staff Training In an agreement on training compensation, all parties agree in writing of the total budget approved for the course and the name of the approved course.