Payback clause
- Name of the instrument - Local language
- Payback clause
- Name of the instrument - English translation
- Payback clause
- Scheme ID
- 239
- Country
- Ireland
- Reporting year
- 2015
- Type of instrument
- Payback clause
- Type of entry
- Single instrument
- Short description
Employers and employees can agree on a pay-back clause. There are defined limits for these arrangements. Employers may calculate the specific schedule of reimbursement of training costs, but such training agreements usually stipulate a reimbursement according to the period between the end of the training and the resignation of the employee.
- Short description of the related instruments
nap
- Level of operation
- National
- Name of a part of the country
- nap
- Name of the region (for regional instruments)
- nap
- Name of the sector (for sectoral instruments)
- nap
- Relevance
- Marginal scheme
- Legal basis
Section 5 of the Payment of Wages Act, 1991
- Year of implementation
- 1991
- Operation/management
According to ‘Chambers Ireland’ (38), payback clauses can be contained in employment contracts.
- Eligible group(s)
Employers, employees
- Group(s) with preferential treatment
None
- Education and training eligible
Any job-related formal and non-formal education and training
- Source of financing and collection mechanism
Employer, employee
- Financing formula and allocation mechanisms
Employers may calculate the specific schedule of reimbursement of training costs, but such training agreements usually stipulate a reimbursement of 100% of the training costs if the employee resigns within 3 months after completing training; 75% reimbursement after 3 to 6 months; 50% after 6 to 9 months and 25% after 9 to 12 months. One year after training, employees are not usually asked to reimburse training costs.
- Volumes of funding
na
- Beneficiaries/take up
na
- Monitoring/evaluation reports available
na
- Most relevant webpage - in English
na
- Most relevant webpage - local language
na
- Sources
Section 5 of the Payment of Wages Act, 1991
- Short description
- Short description of the related instruments
- Level of operation
- Name of a part of the country
- Name of the region (for regional instruments)
- Name of the sector (for sectoral instruments)
- Relevance
- Legal basis
- Year of implementation
- Operation/management
- Eligible group(s)
- Group(s) with preferential treatment
- Education and training eligible
- Source of financing and collection mechanism
- Financing formula and allocation mechanisms
- Volumes of funding
- Beneficiaries/take up
- Monitoring/evaluation reports available
- Most relevant webpage - in English
- Most relevant webpage - local language
- Sources