The Employer Paid Training Agreement is essential for organizations in New Zealand investing in their employees' professional development and skills enhancement. This document is typically used when an employer agrees to fund significant training, education, or professional development programs for their employees. It protects the employer's financial investment while providing employees with valuable career development opportunities. The agreement must comply with New Zealand employment law and includes key elements such as training details, costs, duration, service commitments, and repayment terms. It's particularly relevant when the training cost is substantial or when the qualification gained is highly valuable in the job market. The document helps prevent situations where employees leave shortly after completing expensive training programs, thereby ensuring the employer receives a reasonable return on their investment while maintaining compliance with New Zealand legal requirements.
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1. Parties: Identification of the employer and employee entering into the agreement
2. Background: Context of the agreement, including the purpose of the training and the employer's investment in the employee's development
3. Definitions: Key terms used throughout the agreement including 'Training', 'Training Period', 'Qualifying Period', and 'Repayment Obligations'
4. Training Details: Specific details about the training program, including course name, duration, provider, and qualification to be obtained
5. Employer Obligations: Employer's commitments regarding payment of fees, support during training, and maintaining employment
6. Employee Obligations: Employee's commitments to complete the training, maintain performance standards, and continue employment for the specified period
7. Training Costs: Breakdown of costs covered by the employer and any contribution required from the employee
8. Service Commitment: Period the employee agrees to remain with the employer after completing the training
9. Repayment Terms: Conditions under which the employee must repay training costs and the calculation method for repayment
10. Termination Provisions: Circumstances under which the agreement can be terminated and the consequences
11. General Provisions: Standard contractual clauses including governing law, entire agreement, and amendments
1. International Training Provisions: Additional terms for training conducted overseas, including travel arrangements and visa requirements
2. Equipment and Materials: Terms regarding any equipment or materials provided for training purposes
3. Intellectual Property: Provisions regarding ownership of intellectual property created during or resulting from the training
4. Confidentiality: Specific confidentiality obligations related to training materials or sensitive information
5. Performance Requirements: Specific performance standards that must be maintained during and after the training
6. Part-Time/Flexible Arrangements: Modified terms for employees undertaking training while working part-time or with flexible arrangements
7. Study Leave Provisions: Terms regarding additional leave or time off for study purposes
1. Schedule 1 - Training Program Details: Detailed outline of the training program, including curriculum, timeline, and assessment criteria
2. Schedule 2 - Cost Breakdown: Itemized list of all training-related costs covered by the employer
3. Schedule 3 - Repayment Schedule: Sliding scale or formula for calculating repayment amounts based on timing of departure
4. Schedule 4 - Required Qualifications: List of qualifications or certifications to be obtained through the training
5. Appendix A - Training Provider Information: Details of the training provider(s) and their contact information
6. Appendix B - Employee Acknowledgment Form: Form for employee to acknowledge understanding of obligations and receipt of training materials
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