Training Bonds Sample Clauses
A Training Bonds clause establishes an agreement where an employee commits to remain with the employer for a specified period after receiving employer-funded training. Typically, if the employee leaves before the agreed period, they may be required to reimburse the employer for all or part of the training costs. This clause helps employers protect their investment in employee development by discouraging early departures and ensuring a return on training expenses.
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Training Bonds. (a) The Employer and an individual Employee may, by agreement, enter into a training bond whereby the costs of training, which have been or are to be borne by the Employer, may be recovered from the individual Employee if the Employee ceases to be employed by the Employer within a period of time agreed to between the individual Employee and the Employer, subject to the following:
(i) The training bond must be agreed between the Employer and an individual Employee.
(ii) The training bond must be in writing, specify the amount of the bond, and be signed by the individual Employee prior to commencing the training.
(iii) The maximum term of the training bond will be 2 years.
(iv) The training bond amount reduces on a monthly pro rata basis over the term of the training bond from the receipt of certified confirmation of the completion of the training course.
(v) An individual Employee can only be subject to one training bond at a time.
(vi) The Employer can recover an amount payable under a training bond only where the pilot resigned or, subject to clause 21(a)(vii), the employee’s employment is terminated for serious misconduct.
(vii) No amount can be recovered in the case of redundancy or termination of employment by the Employer (except where the termination is because of serious misconduct and there is no later finding by a court or tribunal, or acceptance by the Employer, that the Employee did not engage in serious misconduct on which the termination was based).
(viii) A training bond cannot be entered into in circumstances where the Employer directs an Employee to undertake training.
(b) For the avoidance of doubt, a training bond can be entered into between an Employer and an individual Employee only in respect of the class and type rating training necessary to complete advance to the role of a Master 5 Med II.
Training Bonds. 13.3.1 The parties to this Agreement agree that the Company will maintain its practice of providing training to pilots, subject to completion of the Company’s Flight Crew Funding Agreement (FCFA) which format may be amended by the Company from time to time.
13.3.2 The cost of Pilot Training shall become due and payable to the Company subject to the terms of the pilots (FCFA) as applicable and the terms of this article.
13.3.3 The Company agrees that financed training is capped at fifteen-thousand dollars ($15,000). The fifteen-thousand dollars ($15,000) shall be one- hundred percent (100%) repayable by the FCM should their employment terminate for just cause or resignation during the first twelve (12) months of employment.
13.3.4 Following the first twelve (12) months, the amount repayable shall reduce to seven thousand five hundred dollars ($7500), and that amount shall be repayable on a prorated basis over the second twelve (12) months with any outstanding balance repayable by the FCM should their employment terminate for just cause or resignation.
13.3.5 There will be no training bond required for a transition from First Officer to Captain.
Training Bonds. 17.1 The Company and the Pilot will enter into a training bond whereby the costs of training which have been or are to be borne by the Company may be recovered from the Pilot if the Pilot ceases to be employed by the Company within a period of time agreed between the Pilot and the Company, subject to the following:
(a) The training bond must be in writing, specify the amount of the bond, and be signed by the Pilot prior to commencing training.
(b) The maximum term of the training bond will be 3 years for jet aircraft.
(c) The training bond for a Pilot new to type will be $30,000 however $10,000 will be applied to a Pilot who only requires pre-employment refresher / recurrent training.
(d) The training bond for a Pilot upgrading to a command will be $15,000.
(e) The training bond amount reduces on a monthly pro rata basis over the term of the training bond when the Pilot successfully checks to line.
(f) A Pilot can be subject only to one training bond at a time. Where a Pilot is subject to one training bond, and subsequently enters into another, the bonds are not cumulative and the highest value training bond will apply.
(g) The Company can recover an amount payable under a training bond only where the Pilot resigns, or, subject to the provisions of Clause 17(h), the Pilot’s employment is terminated for serious misconduct.
(h) No amount can be recovered in the case of redundancy, loss of medical licence by the Pilot, termination of employment by the Company (except where the termination is because of serious misconduct and there is no later finding by a court or tribunal, or acceptance by the Company, that the employee did not engage in the serious misconduct on which the termination was based) or where the Pilot fails the training course.
(i) A training bond cannot be entered into in circumstances where the Company directs a Pilot to transfer to a new type to undertake training.
17.2 For the avoidance of doubt, a training bond can be entered into between the Company and a Pilot only in respect of:
(a) class and type rating training necessary to operate a particular aircraft, including the aircraft type for which the Pilot was employed (including pre-employment training and class and type rating training); and
(b) change in classification training such as: – Upgrade to Captain – Upgrade to Training or Checking Position.
17.3 The clause does not to apply to those Pilots employed before the commencement of this Agreement whose initial contract of employment d...
Training Bonds. 52.1 If a course is not part of an employee’s mandatory professional development, an employee can elect to request the employer agree pay the cost of the study course and course participation.
52.2 If the employer agrees to pay the cost of the study course and course participation, the employee will agree to enter into a training bond agreement with the employer. The training bond agreement will specify the payment arrangements that will apply should the employee leave their employment within a certain timeframe.
52.3 The training bond agreement may be waived in exceptional circumstances.
52.4 Any dispute about the training bond agreement will be dealt with under the Clause 8, Resolution of Disputes.
Training Bonds. (a) The Company may require, and nothing in this agreement shall inhibit the Company’s right to require, a pilot to enter into a training bond directly with the Company regarding any initial type training (“Training”). In particular, but without limiting the foregoing, any training bond that a pilot is required to enter into as a condition of employment, remain enforceable and in full effect, notwithstanding the existence of the collective agreement.
(b) The pilots agree that the Training is to the benefit of the pilot, and in particular provides a career path within the Company and significantly improves the pilot’s employability in the aviation industry generally. The Union further agrees that the pilot receiving the Training is also for the benefit of the Union and its members.
(c) Conditions of Training shall be:
(i) In advance of the Training, CHC will disclose to the pilot and Union the cost of the Training, along with the estimate of the associated travel and accommodation expenses.
(ii) CHC shall fully pay for the Training, and the associated travel and accommodation expenses, the amount of which shall be a payment on behalf of the pilot giving rise to a debt for that amount (“Debt”).
(iii) In return for the benefits of the Training and the payment by CHC, the Union agrees that the pilot will enter into a training bond agreement in a form substantially similar to that set out in Appendix “D” (“Bond”) and the Union shall confirm its approval of the Bond in a form substantially similar to Appendix “E”. The Bond shall set out the terms of the pilot’s repayment of the Debt, including that the Debt will be reduced by 50% after one year and 100% after three years if the pilot remains employed with CHC.
(iv) The pilot agrees that any outstanding amount of a Debt at the time the pilot resigns or is dismissed for just cause will become due and owing in accordance with the Bond terms, and may be offset against any amounts that CHC may owe the pilot. Such offset does not waive or prejudice CHC’s right to recover any outstanding portion of the Debt by other lawful means.
(d) In the event that a pilots leaves the Company and, in the Company’s sole discretion, it determines that the pilots may be relieved of his/her Bond and any outstanding Debt, such as for hardship or compassionate reasons, the Company retains the absolute discretion to do so on a without precedent basis.
Training Bonds. The Company and a Pilot may, by agreement, enter into a training bond whereby the costs of training which have been or are to be borne by the Company may be recovered from the Pilot if the Pilot ceases to be employed by the Company within a period of time agreed between the Pilot and the Company, subject to the following: