Dear Amol,
I have no idea of the programmes offered by those instituions, like the rest of the respondents that have offered the views so far. However, i have some anecdotal experience of courses offered in the UK.
You needs to be clear of the objectives of sending employees on such courses. For example, all site managers and managers of equal rank were sent to Manchester Business School long ago for a 3-day course. Some of the content covered was virtually useless to any of them.
As others have suggested, let people who go on such courses pay a certain percentage of the fee. This expenditure can be reimbursed to them by way of a bonus if they serve the company for the next two years. Binding them to serve for a number of years after the company spends the money may not be legal; you need to consult lawyers.
Have a nice day.
Simhan
A retired academic in the UK
From United Kingdom
1624I have no idea of the programmes offered by those instituions, like the rest of the respondents that have offered the views so far. However, i have some anecdotal experience of courses offered in the UK.
You needs to be clear of the objectives of sending employees on such courses. For example, all site managers and managers of equal rank were sent to Manchester Business School long ago for a 3-day course. Some of the content covered was virtually useless to any of them.
As others have suggested, let people who go on such courses pay a certain percentage of the fee. This expenditure can be reimbursed to them by way of a bonus if they serve the company for the next two years. Binding them to serve for a number of years after the company spends the money may not be legal; you need to consult lawyers.
Have a nice day.
Simhan
A retired academic in the UK
From United Kingdom
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
EMPLOYEE REFERRAL PROGRAM.doc
EMPLOYEE REWARD PROGRAM.pdf