This policy sets out the company’s and employees’ commitment towards training and development and the basic processes to facilitate ongoing training and professional development, being the catalyst for the continuous development of skills, knowledge and career opportunities within your business. It also provides mechanisms (along with a template and practical guidance) for bonding employees to the company if the company financially contributes to employees’ professional development and career advancement, or for seeking reimbursement of costs if ‘bonded’ employees’ leave the business before the expiry of the bonding period. Our practical guidance informs you what kind of costs you can bond employees for and for how long.