News & Analysis as of

Employment Contract Consumer Financial Protection Bureau (CFPB) Employee Training

Husch Blackwell LLP

Recent Litigation Spotlights Legal Risks of Training Repayment Agreements

Husch Blackwell LLP on

Two recent disputes involving healthcare entities demonstrate some of the legal risks associated with contract clauses that require employees to reimburse their employer for the cost of job-related training if employees leave...more

Holland & Knight LLP

Is It a TRAP? Training Repayment Agreement Provisions in Uncertain Times

Holland & Knight LLP on

Training repayment agreements (TRAs), also known as training repayment agreement provisions (TRAPs) or "stay or pay" provisions, have made headlines recently, thanks to lawsuits from Colorado's attorney general (AG) and at...more

Jackson Lewis P.C.

Training Repayment Agreements Remain Under Federal Scrutiny

Jackson Lewis P.C. on

Training repayment agreements (TRA) are a tool for retaining employees after they received employer-paid training. Generally, a TRA requires an employee to repay an employer for the costs of training if the employee leaves...more

Husch Blackwell LLP

CFPB Spotlights Harms of Employer-Driven Debt

Husch Blackwell LLP on

On July 20, 2023, the CFPB published a report concerning the risks posed to consumers by employer-driven debt. Employer-driven debt is any form of financing arrangement where an employer extends credit or a lease to an...more

Akerman LLP - HR Defense

Does Your Clawback Need A Manicure?

Akerman LLP - HR Defense on

You’ve wined and dined and trained and invested in your new hire, and now they’re leaving you in the midst – before you were ready – can you still get the ring back, or in this case, “clawback” your training and other related...more

5 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide