Employer funding / Sponsoring
Madcelts
Registered Posts: 3
As is the case with most employers who fund an employee's enrollment of a course, such as AAT, there is a certain level of commitment required. One common caveat is that if the employee leaves within ‘x’ number of years, they are liable for the the tuition costs (or a diminishing cost based on when they leave).
E.g. If an employer pays for you to attend a £2000 course, and you leave the organisation during the course or within 2 years of completion, you are expected to reimburse the organisation for the full amount (which is more than fair given they have invested in you).
Question: If you decide you no longer want to work for them, what is the likelihood of a prospective employer, who also funds such courses, shouldering the cost?
I’m looking at the possibility of starting ACCA / CIMA, but if I took the employer funding, I would be committed for the duration of the course plus two years.
Anyone had a similar experience?
E.g. If an employer pays for you to attend a £2000 course, and you leave the organisation during the course or within 2 years of completion, you are expected to reimburse the organisation for the full amount (which is more than fair given they have invested in you).
Question: If you decide you no longer want to work for them, what is the likelihood of a prospective employer, who also funds such courses, shouldering the cost?
I’m looking at the possibility of starting ACCA / CIMA, but if I took the employer funding, I would be committed for the duration of the course plus two years.
Anyone had a similar experience?
0
Comments
-
If you work in practice, it is common for your new employer to reimburse the old for your training if they want to take you on whilst you're tied in by such a contract. Couldn't comment on industry.0
-
Thank you for the response. I expect it would be the case in industry but as you know, to assume....0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 328 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 57 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 275 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 203 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 584 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership