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Employer only offering to pay half of accounting study costs
Comments
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If you do have to pay half the fees consider asking them to structure it tax efficiently - if you take a lower salary and they pay all the costs then you would save the tax and NIThe early bird gets the worm but the second mouse gets the cheese :cool:0
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David_Brent wrote: »dip in salary.
Now they are saying they will pay half of any costs of this course which to be honest I think is unfair as I can't afford to pay the other half of the costs. I think its rather unfair what are peoples thoughts? Should I go back to my employer and say sorry this isn't good enough I want youto pay the full costs of course?
I think you're greedy and unrealistic. Most people have to fund the entirety of courses they do. You're getting a free ride for half of it. Be grateful or decide you want a completely free ride and spend forever trying to find a way to get it paid for by someone else.0 -
To be honest if my employer promised study package as part of my salary package (therefore lower basic wage) and then not deliver I would be pretty quickly looking for a new job.
I find it very dishonest myself.
They shouldn't have promised if they weren't going to deliver. Would everyone here just take a pay cut without fuss? Or, accept job saying you start on £12k but after succesfully completing probationary you will get £15k but they won't give it to you and just withdraw that? It is the same principle. You might not even leave your old job or accept different job if you knew in advance!
Unfortunately the OP doesn't have anything in writing. But this is one under the belt and I could not work for someone like this.0 -
I think you're greedy and unrealistic. Most people have to fund the entirety of courses they do. You're getting a free ride for half of it. Be grateful or decide you want a completely free ride and spend forever trying to find a way to get it paid for by someone else.
I think you need a grasp of reallity how it works in some professions.
Companies are getting good ride from this too - very often they make you sign a clause that you won't leave for certain period of time etc..
It is the price of getting a talent. OP is not greedy at all, it is completely normal in his profession.0 -
The way most companies seem to work the accounting exams, is that they will pay for the courses and exams but any resits have to be paid for yourself.
Due to the nature of accountancy, the unqualified positions are usually very badly paid as the employer pays the courses. My starting salary was under £12k!
All of my accountancy training was paid by employer and the leave recommended by the ICAI (Institute of chartered accountants in Ireland) was also given for each set of exams.Weight loss challenge, lose 15lb in 6 weeks before Christmas.0 -
When I started I got limit to spend per year on my study. Whichever way I wanted to study I could (ie home, at college - in my own time though). This was part of my pay, only done in the tax efficient way (ie VAT for the company and no tax on earnings).
Currently I get it all paid (apart from re-sits) but attend courses at the weekends.
My friends get it all, but have longer clause then me.
So not everyone gets all the study and time off. It depends on the company. I was happy with being just given limit in my first job - but I was told that BEFORE I accepted the job, and I think that is what bugs OP here.. This is the point.0 -
I think you need a grasp of reallity how it works in some professions.
Companies are getting good ride from this too - very often they make you sign a clause that you won't leave for certain period of time etc..
It is the price of getting a talent. OP is not greedy at all, it is completely normal in his profession.
I think you need to get a grasp of reality yourself. There's currently loads of people well qualified and experienced in all fields who are currently looking for work. Employers know this and know that currently they don't have to bother to pay for someones rudimentary training.
If I want to employ a bench engineer, I no longer have to bother putting one through college. I merely put an ad in the paper stating bench engineer wanted, must be certified to BTEC HND in Electronics Engineering and a minimum of 2 years experience. I will have a pile of applications a foot tall in under a week.0 -
If I want to employ a bench engineer, I no longer have to bother putting one through college. I merely put an ad in the paper stating bench engineer wanted, must be certified to BTEC HND in Electronics Engineering and a minimum of 2 years experience. I will have a pile of applications a foot tall in under a week.
That maybe true. However, just because that is what you have experienced, in your field, in your part of the country, doesn't mean that applies to all other professions and locations!0 -
I think you need to get a grasp of reality yourself. There's currently loads of people well qualified and experienced in all fields who are currently looking for work. Employers know this and know that currently they don't have to bother to pay for someones rudimentary training.
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:-))))))))))
Right....
Can u pls bring me that fully qualified accountant for £15k a year? I could do with one just now.
In the meantime I think employers will stick with ones that they can hold in a training contract.
Anyway, the issue here is that OP took the job because he was supposed to get it and now they are not going to provide.. That is effectively the same as promising one rate of pay and then paying differently..
OP definitely learned a lesson here-have it in writing next time.0
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