Payback clause

Name of the instrument - Local language: Kvalifikační dohoda - uhrazení nákladů
Name of the instrument - English translation: Payback clause
Scheme ID: 248
Country: Czechia
Reporting year: 2015
Type of instrument: Payback clause
Type of entry: Single instrument

Short description: Employer and employee may conclude a qualification agreement that includes the employer’s commitment to enable and pay for the employee qualification improving/upgrading and the employee’s obligation to remain in employment with this employer for an agreed period, though for no longer than 5 years, or to reimburse the employer the costs of this qualification upgrading. Payback clause applies when training costs exceed CZK 75 000.
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: Act 262/2006 (Labour Code)
Year of implementation: 2006
Operation/management: Elementary regulation in Active Employment Policy legislation
Eligible group(s): Employers, employees
Group(s) with preferential treatment: None
Education and training eligible: Employee's qualification improving and/or qualification upgrading
Source of financing and collection mechanism: Employer, employee
Financing formula and allocation mechanisms: Payback claus applies when training costs exceed CZK 75 000.
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: Act 262/2006 (Labour Code)

Financing adult learning database