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Employee Training Reimbursement Agreement Template for New Zealand

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Key Requirements PROMPT example:

Employee Training Reimbursement Agreement

"I need an Employee Training Reimbursement Agreement for our software development company in Auckland, covering advanced certification programs costing up to NZD 15,000 per employee, with a two-year commitment period and monthly repayment schedule if the employee leaves early."

Document background
The Employee Training Reimbursement Agreement is essential for organizations investing in their employees' professional development while protecting their financial investment. This document is typically used when an employer agrees to fund significant training, education, or professional certification programs for their employees. It is particularly relevant in New Zealand's competitive labor market where skilled workforce development is crucial. The agreement ensures compliance with New Zealand employment law while establishing clear terms for training support and potential reimbursement if an employee leaves before a specified period. It includes details about the training program, costs covered, duration of the reimbursement period, and calculation methods for repayment, providing security for the employer's investment while maintaining fairness to the employee.
Suggested Sections

1. Parties: Identifies the employer and employee who are entering into the agreement

2. Background: Explains the context of the agreement, including the purpose of providing training and the mutual benefits

3. Definitions: Defines key terms used throughout the agreement, including 'Training Program', 'Training Costs', 'Reimbursement Period', etc.

4. Training Program Details: Specifies the nature, duration, and provider of the training program

5. Employer Obligations: Outlines the employer's commitments regarding training payment, support, and scheduling

6. Employee Obligations: Details the employee's commitments regarding attendance, participation, and maintaining employment

7. Training Costs: Itemizes the costs covered by the employer and specifies what constitutes reimbursable expenses

8. Reimbursement Terms: Establishes the conditions under which the employee must reimburse training costs and the calculation method

9. Repayment Schedule: Details the timing and method of repayment if reimbursement is required

10. Termination Provisions: Specifies what happens to the reimbursement obligations if employment terminates

Optional Sections

1. Academic Performance Requirements: Used when the agreement includes specific grade or performance requirements for the training program

2. Professional Certification: Included when the training leads to professional certification or qualifications

3. Continued Employment Commitment: Used when requiring the employee to remain employed for a specific period after training completion

4. International Training Provisions: Required when training involves international travel or overseas institutions

5. Scholarship Provisions: Included when the training is partially funded through scholarships or grants

6. Confidentiality Obligations: Added when training involves access to sensitive information or proprietary knowledge

Suggested Schedules

1. Schedule 1 - Training Program Details: Detailed description of the training program, including curriculum, duration, and provider information

2. Schedule 2 - Cost Breakdown: Itemized list of all training-related costs covered by the employer

3. Schedule 3 - Reimbursement Calculation: Formula and examples for calculating reimbursement amounts based on various scenarios

4. Appendix A - Training Provider Information: Details about the training provider, including contact information and course materials

5. Appendix B - Required Documentation: List of documents required for expense claims and completion verification

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses




























Relevant Industries

Professional Services

Healthcare

Information Technology

Financial Services

Engineering

Construction

Education

Manufacturing

Legal Services

Telecommunications

Retail

Hospitality

Mining and Resources

Transportation and Logistics

Relevant Teams

Human Resources

Learning and Development

Legal

Finance

Compliance

Operations

People and Culture

Talent Management

Professional Development

Employee Relations

Relevant Roles

Human Resources Manager

Learning and Development Manager

Chief Human Resources Officer

Training Coordinator

HR Business Partner

Talent Development Specialist

Employee Relations Manager

HR Director

Professional Development Coordinator

Chief Financial Officer

Legal Counsel

Compliance Officer

Department Manager

Line Manager

Executive Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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