training bonds
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Join Date: May 2002
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training bonds
does anybody out there know what the legalitys of training bonds are,are there any set amounts/claw back rates etc set out somewhere.
for example is the employer entitled to deduct from your final pay packet,what happened if they laid you off
for example is the employer entitled to deduct from your final pay packet,what happened if they laid you off
Join Date: Jan 2000
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Training Bonds
All depends what country you are in. If in UK; if you signed a bond prior to doing the course, probbaly not a leg to stand on. The bond will probably have a clause in it somewhere that gives the co the right to deduct from pay.
In the case that the co is laying you off, that's different. It would be up to you or your reps to negotiate cancellation of your bond in your redundancy package, or alternatively, the bond may be worded such that you don't pay in the case of redundancy.
If you were issued a bond to sign but never did, unless you objected in writing, you are deemed to have accepted it.
If you are leaving of your own free will, my advice before welching on a bond would be; work out how long it would take to earn that money at your new employer (if you are going contracting, not long), and bite the bullet. If you walk without paying, you are peeing off the company and, more importantly, a manager. This industry is so small that one day you will come up against that man again somewhere. I know, I am in that situation now, but fortunately for me, the guy who was my manager, is about to be my underling.
In the case that the co is laying you off, that's different. It would be up to you or your reps to negotiate cancellation of your bond in your redundancy package, or alternatively, the bond may be worded such that you don't pay in the case of redundancy.
If you were issued a bond to sign but never did, unless you objected in writing, you are deemed to have accepted it.
If you are leaving of your own free will, my advice before welching on a bond would be; work out how long it would take to earn that money at your new employer (if you are going contracting, not long), and bite the bullet. If you walk without paying, you are peeing off the company and, more importantly, a manager. This industry is so small that one day you will come up against that man again somewhere. I know, I am in that situation now, but fortunately for me, the guy who was my manager, is about to be my underling.
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thanks for the info,looks like the boss has all the cards as normal,
he can put what he likes in the bond and we are stuck with it.
its not that i have a problem with the general concept just wanted to find out if anyone has a feeling about the idea
another question
what is the general rule on length on bonds in the uk and the prorata rates for claw back
he can put what he likes in the bond and we are stuck with it.
its not that i have a problem with the general concept just wanted to find out if anyone has a feeling about the idea
another question
what is the general rule on length on bonds in the uk and the prorata rates for claw back
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8 week A330/340 course bond is approx £12000 at CX. The bond runs for 2 years and runs from completion of the course and is reduced pro-rata. Bond includes accomodation (not cheap in HKG) and Per Diems, actual cost of the course itself is only a small part of the bond.
My feelings, not unreasonable to bond for training, but to include accommodation and allowances, in my opinion, is a bit much.
My feelings, not unreasonable to bond for training, but to include accommodation and allowances, in my opinion, is a bit much.
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bonding does suck bigstyle but once you have signed up there is not alot you can do about it. not paying will probably land you in court but nothing says you have to pay it all off in one lump, so offer to pay it off monthly, or better still ask your new employer to take the bond over ( either paying them off monthly or as a bond to them- that way you don't have to pay it at all unless you leave your new co.)
i did hear that bonding is against your human rights but who wants to take a company to the european court? talk about a black mark on your record!
i did hear that bonding is against your human rights but who wants to take a company to the european court? talk about a black mark on your record!
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At our place, bonds only apply to those with less than 4 years service, some way of rewarding loyalty I think. Each course is valued at £2100 and is devalued over 36months by 1/36th per month.
I've been here 4 years and yet to get a course that the company have paid for.(Somebody else paid for the one I did do).
I've been here 4 years and yet to get a course that the company have paid for.(Somebody else paid for the one I did do).
