CS Training Contract Question
#2
According to the contract, they are supposed to collect $5,000 a year for four years (it's not prorated). They don't care where you live as long as it's within 2 hours of your domicile.
Last edited by Chris99; 01-10-2008 at 10:32 AM.
#5
On Reserve
Joined APC: Nov 2006
Posts: 14
I'm not sure what you are talking about but the training contract is for only ONE year. Maybe you are talking about pay back if you quit short of one year?
#7
On Reserve
Joined APC: Nov 2006
Posts: 14
The training contract has not changed as far as I know, it is one year. The thing that changed with the 401k is vesting years to be fully vested in the 100% match for new hires.
#8
Exactly, I should have worded that better. If you quit in the first year, they collect $5,000 a year for four years to total the $20,000. The first payment of $5,000 is due on your one-year anniversary of employment. Subsequent payments are collected on the first day of the following year.
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