Training Cost Repayment Agreements | Practical Law
This Practice Note provides an overview of training cost repayment agreements. These agreements provide that the employer will pay for the employee to receive valuable work-related training or education in exchange for the employee's commitment to remain employed by the employer for a defined period of time. The employee's early departure triggers a repayment obligation of some or all of the training costs, ensuring that the employer is able to recoup its investment in the employee. This Practice Note reviews key elements of training cost repayment agreements and common flaws that undermine their enforceability.