Time is of the essence

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185pilot
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Re: Time is of the essence

Post by 185pilot »

I was wondering if you signed a contract with a training bond that is due in full if you leave within 0 - 24 months, should you re-pay only half the amount to the employer after 1 year? It should be pro-rated? Is it fair?
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Ki-ll
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Re: Time is of the essence

Post by Ki-ll »

185pilot wrote: Mon Jan 06, 2020 11:26 am I was wondering if you signed a contract with a training bond that is due in full if you leave within 0 - 24 months, should you re-pay only half the amount to the employer after 1 year? It should be pro-rated? Is it fair?
It looks like that might be the case.
Read this decision:
http://canlii.ca/t/7c70
There are also several other cases of training bonds to read about on that same website.
Still, it would be wise to talk to a lawyer.
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George Taylor
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Re: Time is of the essence

Post by George Taylor »

Whether you agree or don't agree with bonds is a decision you have to make before you sign one. Bonds in Canada are quite enforceable and one only has to do a search in case law to validate this. The common theme is, did the employee receive value for training, and is that training beneficial to the employee in their new position.
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altiplano
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Re: Time is of the essence

Post by altiplano »

I agree, if you sign one got should expect to honour it. They can be enforceable. But they aren't always.

Nobody should ride it out at a piece of shit operator, I've been there and glad to get through it alive. I'd rather chance defending the law suit than stay.
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Beefitarian
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Re: Time is of the essence

Post by Beefitarian »

That's why I give companies a pay as you go mobile number and sign all bonds. Elmer Fudd ~ millionaire
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