Training Bond Agreement Template

The employment bond is an agreement which the company and employee enter into consisting of all terms and conditions of employment.
Training bond agreement template. This training bond form together with the guidelines on bonding publichealth service trainees shall constitute a formal agreement between the bondee and the cape coast teaching hospitalministry of health. Employee training bond contract is the agreement made between the trainer and the trainee the trainer being the employer and the apprentice being the employee. Training reimbursement agreement this training reimbursement contract agreement agreement is entered into by and between. If your companys culture is very strong he is bound to stay.
Rather than working on the training bond work to make the company culture strong. In any case why worry about the employee leaving. Question reviewing training bond update 2 dear all we are thinking of reviewing our training bond structure see table below as anecdotal feedback from our staff suggests that the trigger amount of 5000 for a 3 month bond is too low and the bond period is also too short to be meaningful and does not justify the. The author of one of the most widely read human management books dale beach defines training as an organized procedure that teaches people the.
There is nothing like training bond. This is a generic template for reference only. Training reimbursement agreement. If you are sending an employe abroad for training then all these clauses should be a part of the appointment letter.
This agreement ensures that the employee once trained will in return work in the position they have agreed with the employer and the employer will provide all the requirements. 9 sample training agreements training and development is a facet of human resource management concerned with bettering the performances of individuals and groups in the organizational setting. What is an employment bond agreement or a contract find free sample format template an employment bond is a contract which prevents employees from committing certain acts. A training course is funded by the company costs are a known value the employee is paid to attend and is bonded for either 12 or 18 months with a diminishing repayment value through time.
In the event that the bondee shall breach any or all of the above conditions the above written bond shall remain in full. Sponsoring eligible employees through in house training programs. An employee training can give many benefits to a. Company name is committed to investing their resources in the training and development of.
A standard bond agreement. As such company name promotes the attainment of marketable skills by. An industry training bond agreement. Consult current legislation in your area to ensure compliance.
A training contract is obviously different with employment contract.