Continuing education

We have three employees that wise to take an accounting class at our local Community College.

This is not a company requirement. Our company has agreed to pay for the classes once the employees have successfully completed the course. My question is; are we required to pay for the time spent in class?

Comments

  • 4 Comments sorted by Votes Date Added
  • Our company policy states that if continuing education is career-related and the manager has approved it, we will reimburse the cost of tuition if the course is passed with a "C" or better. If the ee voluntarily terminates their employment w/in 6 months after receiving educational assistance, they will be required to pay us back in full.

    We don't pay for the ee's time in class unless we send them to training.

    Hope this helps.
  • If employees go for seminars or classes that last only a day or two, we pay their wages if the class was required or highly recommended. Employees who are taking regular college courses that last through a semester are not paid for their class time and must make up their time. We do not have a formal education reimbursement program.
  • Time spent in the classroom or on-line is not part of our covered or reimbursed expense,it is strictly voluntary. But we do reimburse the cost of books and any registration fees at 100% with Tuition cost minus Financial Aid reimbursed based on the grade received in the class. Currently we do not have a cap on the reimbursement. Does anyone cap their reimbursement?
  • [font size="1" color="#FF0000"]LAST EDITED ON 08-23-06 AT 10:56PM (CST)[/font][br][br][font size="1" color="#FF0000"]LAST EDITED ON 08-23-06 AT 10:55 PM (CST)[/font]

    As I understand it, the bottom line is IF you require the employees to attend a class as a part of their job, you must pay for the time to attend the class. If the employees are attending the class to get promoted to other positions or otherwise further their careers, you don't have to pay for attendance time.


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