Training indemnity Sample Clauses
A training indemnity clause requires an employee to reimburse the employer for certain training costs if the employee leaves the company within a specified period after receiving employer-sponsored training. Typically, this clause outlines the types of training covered, the repayment schedule, and the circumstances under which repayment is triggered, such as voluntary resignation or dismissal for cause. Its core practical function is to protect the employer’s investment in employee development by discouraging early departures and ensuring that training expenses are recouped if the employee does not remain with the company long enough to justify the cost.
Training indemnity. The trainee is not an employee of that institution, he/she can not, in any circumstances, expect a salary. The cost of any training which is required by the internship will be covered by the host training institution. He/she will receive an amount called "training indemnity" which is set at ........................................... per month.