What is this training agreement template?
The basics: This training agreement template should be used when an employer pays training fees for its employee and wishes the employee to repay the fees. It is akin to any employee loan.
Content of this training agreement template: The training agreement template includes the following content, that can be customised to meet your business's needs:
- What costs are covered by the company, including the level of costs and what those costs will cover;
- Circumstances where the employee will cover the costs instead;
- Circumstances where the employee must reimburse the company (e.g., if the employee is obliged to repay over time in any event or if the fees are only repayable in specific circumstances, e.g., the employee leaves the business within a certain period);
- How the company may reimburse their costs; and
- The employee's responsibility to pay tax.
Why use Docue's training agreement template?
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Easy to use: In order to create your training agreement with confidence and speed, simply click through the intelligent tick box options and text box answers in Docue's training agreement template and you’ll have a ready-to-use policy in no time. The training agreement will be fully customised to your business's needs.
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Designed by lawyers: The training agreement template includes model content designed by lawyers to help you draft the training agreement yourself and tailor it to your needs.
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Clarity and expectation setting: A training agreement helps establish clear expectations regarding the terms and conditions of the training and the obligations of the employee. This clarity minimises misunderstandings and disputes later down the line.
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Skills development: Training agreements encourage employees to engage fully in training programs, knowing that they have a vested interest in the outcome. This can lead to enhanced skill development and improved job performance, benefiting both the employee and the employer.
How can Docue help?
Template that adapts to your needs: Docue’s training agreement template is drafted and maintained by lawyers. Simply click through the intelligent tick box options and text box answers, and you’ll have a ready-to-use agreement in no time.
E-signature and storage included: Once you have completed the document, you can sign it electronically. After the document has been finalised, you can store all of your legal documents securely in Docue Drive.
Affordable pricing: At Docue, we believe in transparent and cost-effective pricing without any hidden fees.
Sign up with Docue today, and see how easy it can be to create a professional-quality training agreement template in no time.
Tags: training agreement template, training cost agreement, training agreement, employee training agreement, employer training agreement
