When this document is completed, it must be published online on the URL under which the seminar is made available when the seminar is online, or printed to allow each participant to obtain a copy. If a training agreement has the practical effect of « capturing » an employee in his or her current role, it may well be considered unenforceable. This document also contains standard contractual provisions: issues such as limiting liability and intellectual property protection for the seminar provider, as well as certain rules for the participant/participant. The second thing to think about when implementing training agreements is the idea of « trade restriction. » As we have already said, training agreements are designed to protect businesses from losing their investments – but the law will not allow an employer to use them to unreasonably prevent someone from changing jobs. Some training agreements operate in a kind of sliding scale, where the longer the employee stays in the company, the less he must be reimbursed if he decides to continue. For other companies, the training contract is a little black and white, with a set deadline indicating when the employee is no longer responsible for refunds. Training agreements are designed to protect companies from dementers when they invest in their team. It is not intentional to be a tactic to distract people from the intention to stop. That is why the amount of money that the training agreement wants to recover must be a reasonable estimate of the money the company has lost.
Before sending their team for training, many companies ask their employees to sign a training contract that is designed to reimburse investments in their training if they leave before a certain period of time. Although there are no laws or regulations that contain exactly what should be included in an agreement on the provision of live seminars, these documents are covered by both national law, for general treaty principles and responsibility for physical events, as well as, when the seminar is online, federal law overseen by the Federal Trade Commission that governs online disclosures, exclusions of liability and advertising. 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 the cost of the course is relatively low, the training contract could come from the employee`s last salary. If it costs more, employers could establish a more structured payment plan.