My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Growth Strategies

Can I require my employees to pay back training costs if they leave before a specified timeframe?

We have a two-week training program, which is costly to us. We have had employees go through the training program and leave us after a couple of months. Is there anything we can do to protect ourselves from this?
Opinions expressed by Entrepreneur contributors are their own.
You can require repayment if you include that language in your offer of employment letter, which the person signs indicating understanding and concurrence.

Or for employees already on board, you could have a pre-training agreement signed by each employee saying that she understands that she is committing to stay on board for a specified period of time following the training session or else be required to repay the company for the full cost of the training.

How This Living Room Side Hustle Rapidly Expanded to a Multi-Million-Dollar Business