Common use of Return of Service Obligation (Training Pay Back System Clause in Contracts

Return of Service Obligation (Training Pay Back System. The Parties agree that a pay back system shall be used with respect to all costs incurred by the Company for Employee training. For the purpose of this pay back system, costs shall include, but not limited to, course fees, required text books and wages for training attended during ordinary working hours, that are associated with the training. These costs shall not exceed an amount that can be repaid within 12 months under either of the pay back methods outlined in this sub-clause. 17.3.1 It is clearly understood that the pay back system is designed to ensure that the recipient pays back the training costs by one of the following methods: (1) week’s service is equivalent to $50.00 costs; ▪ Repay the costs by means of deduction from payments due at termination of employment. 17.3.2 It is clearly understood by the Parties that the pay back system is only applicable where:

Appears in 2 contracts

Samples: Employee Collective Agreement, Employee Collective Agreement

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Return of Service Obligation (Training Pay Back System. The Parties agree that a pay back system shall be used with respect to all costs incurred by the Company for Employee training. For the purpose of this pay back system, costs shall include, but not limited to, course fees, required text books and wages for training attended during ordinary nominal working hours, that are associated with the training. These costs shall not exceed an amount that can be repaid within 12 months under either of the pay back methods outlined in this sub-clause. 17.3.1 16.3.1 It is clearly understood that the pay back system is designed to ensure that the recipient pays back the training costs by one of the following methods: (1) week’s service is equivalent to $50.00 costs; ▪ Repay the costs by means of deduction from payments due at termination of employment. 17.3.2 16.3.2 It is clearly understood by the Parties that the pay back system is only applicable where:

Appears in 1 contract

Samples: Employer Greenfields Agreement

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Return of Service Obligation (Training Pay Back System. The Parties agree that a pay back system shall be used with respect to all costs incurred by the Company for Employee training. For the purpose of this pay back system, costs shall include, but not limited to, course fees, required text books and wages for training attended during ordinary nominal working hours, that are associated with the training. These costs shall not exceed an amount that can be repaid within 12 months under either of the pay back methods outlined in this sub-clause. 17.3.1 It is clearly understood that the pay back system is designed to ensure that the recipient pays back the training costs by one of the following methods: (1) week’s service is equivalent to $50.00 costs; ▪ Repay the costs by means of deduction from payments due at termination of employment. 17.3.2 It is clearly understood by the Parties that the pay back system is only applicable where:

Appears in 1 contract

Samples: Employee Collective Agreement

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