“Train people well enough so they can leave. Treat them well enough so they don’t want to leave.” – Richard Branson
From 6th April you’ll need to set out the training you offer each individual within their employment contract. If you’re keen on training but more cautious than Mr Branson, a recovery of training costs policy might be a good idea.
It sets out what the employee has to repay of the training cost if, despite the training, they decide to leave. It can also cover what happens if there’s a repeated failure to pass an exam or there’s non-attendance.
If you use Intelligent Employment, the employment contracts within our platform now include the required changes, and we’ve also updated our training and recovery of costs policy.
Not using Intelligent Employment? Don’t worry! Get in touch to find out how to access our policies and a host of other awesome benefits for your business!