What is the name of your state? Michigan
I am considering using my company's tuition reimbursement program. The program requires signing a document with the following statement:
"I agree that upon receipt of tuition reimbursement I will remain with X company for a period of one year after the completion of the listed course and for two years after completion of an associate, undergraduate or graduate degree program"
I have no problem with having to repay tuition reimbursement if I leave the company. However, that isn't even mentioned. I have the following questions;
1) What liabilities am I exposing myself to (other than refunding the reimbursement) if I sign this document ?
2) I heard that a company cannot limit an employee from seeking employment elsewhere (except for non-competition agreements). Is this even legal ?
3) I read the statement as saying that I can take all but the final course of a degree program and be required to be employed for one year. Upon taking the final course (thus completing the degree program) then I would be required to be employed for two years. What if I pay for the final course myself ? What if I am employed elsewhere when I take the final course ?
Thanks in advance!
I am considering using my company's tuition reimbursement program. The program requires signing a document with the following statement:
"I agree that upon receipt of tuition reimbursement I will remain with X company for a period of one year after the completion of the listed course and for two years after completion of an associate, undergraduate or graduate degree program"
I have no problem with having to repay tuition reimbursement if I leave the company. However, that isn't even mentioned. I have the following questions;
1) What liabilities am I exposing myself to (other than refunding the reimbursement) if I sign this document ?
2) I heard that a company cannot limit an employee from seeking employment elsewhere (except for non-competition agreements). Is this even legal ?
3) I read the statement as saying that I can take all but the final course of a degree program and be required to be employed for one year. Upon taking the final course (thus completing the degree program) then I would be required to be employed for two years. What if I pay for the final course myself ? What if I am employed elsewhere when I take the final course ?
Thanks in advance!