If a training agreement has the practical effect of «capturing» an employee in their current role, it may be considered unenforceable. Here too, it is important above all to find this balance in order to obtain the correct formulation of the training contract. In most cases, the model proposed above for training conventions does the job, but sometimes you need more specific support. If you need help creating a training contract, contact us to learn more about our human resources advice. However, in some situations, small businesses also need to protect investments in their employees. L&D doesn`t always cost the world, but some courses or professional qualifications can be very expensive – if an employee leaves your company shortly after completing a training course your company has paid for, it could seriously get you out of your pocket. To become an ICAEW Chartered Accountant, you must enter into a training contract with an organization authorized by the ICAEW. It is important that you read and understand the training agreement before signing it, as it is a formal agreement. A new employer may ask you to take a longer training period by extending the duration of your training contract to a maximum of five years. Thus, you may find that it takes longer to qualify when you change employers during your training. It is important to keep us informed of changes to your training contract.

This implies: it is specific to your ACA training and it is not the same as an employment contract. The agreement describes the support you will receive from your employer and what is expected of you in exchange for your training. If you are looking for a model of training agreements that you can use in your small business, simply click on this link. This model was developed by our professional HR consultants, CIPD qualified, specialized in HR support for small businesses and startups. Your QPRT is required to inform us of the reason for the termination of your contract and whether, in its opinion, you are able to continue the ACA training if you wish in the future. So you need to make sure that your behavior is professional at all times. A potential employer will ask your current employer for a reference that will confirm that you are fit and suitable to continue ACA training. A training agreement is a written agreement between an employer and his employee that sets out the terms of any training that the company pays for them. It defines the cost of training, who provides the training and who is primarily responsible for remuneration. But if that employee stayed for two years after the course ended and takes this training every day, then £2,000 is not a reasonable estimate of how much money the company really lost.

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