B
Benny
Member
I'm being charged £7,300 - 2 years worth of training costs.
Fair?
Fair?
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When it comes down to it the most the can actually take is whatever they owe you, i.e. the contents of your final paypacket. So if you're on less than £7,200 a month then they'll have to request the rest. Since it's unlikely that they'll take you to court for a small sum then whether you pay or not is really up to you.
Start by insisting on a detailed breakdown of costs and charges, which should specify courses attended, materials paid for etc. Anything done more than say 6 months / 1 year ago is probably unreasonable to reclaim.
I'm being asked for 2 years / 4 sittings.
wow. you guys get charged the costs of your study?
In Australia most places give you study leave & pay for your first attempt (some, like mine, pay for your first and/or successful attempt. that gives me at least 2 goes at the exam before I fork out my own money)
Think you've missed the point of the thread slightly MissAussie. Most employers meet study costs, including Benny's. The issue here is that they have requested he re-pay them as he's leaving. This practice is fairly widespread but certainly not universal.
The Actuary magazine depends on the goodwill, support and possibly advertising from actuarial firms. There isn't a chance they would publish a letter like that.
Which brings me on to my next point. Who is your employer? Would the prospect of naming them in a letter to student page of Actuary magazine make them change their mind or maybe half the amount? News like this about a company can seriously impede their ability to recruit senior students (graduates will take whatever they can get!).
I'm being charged £7,300 - 2 years worth of training costs.
Fair?