Common use of Talent Development Clause in Contracts

Talent Development. a. By December 31, 2025, the Company shall implement an on-going, formal, progressive talent development program for entry-level employees. b. By December 31, 2025, the Company shall provide a career ladder for at least 40% of the Project’s Austin-Based Employees, including at least 25% of those employees whose salary is less than the median salary of the Project’s Austin-Based Employees. c. By December 31, 2025, the Company shall collaborate with one or more schools in Austin to recruit interns and/or apprentices and to provide education about opportunities in the Company’s industry. d. By December 31, 2025, the Company shall provide tuition reimbursement to the Project’s Austin-Based Employees for job-related degree or training programs. e. By December 31, 2025, the Company shall participate annually in at least one job fair or career exploration day event sponsored by one or more local colleges or universities. f. By December 31, 2025, the Company shall provide at least six weeks of paid leave to any Austin-Based Employee upon the birth or adoption of a child.

Appears in 2 contracts

Sources: Business Expansion Agreement, Business Expansion Agreement