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Termination of training contract

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  • 04-01-2012 2:32am
    #1
    Closed Accounts Posts: 5


    Hi,

    I am currently 5 months into my training contract with a small/medium sized accountancy firm and am due to sit my CAP1 exams in May. However since the moment I started I have realised that this is not a job I want to do and I have been totally miserable. I did not study accountancy for my leaving or in college but when I got offered the role I felt like I couldnt turn it down in the current climate. I was just wondering where do I stand in realtion to the repayment of fees. I assume I have to pay back fees but would it make a difference if I left before or after my exams in May? Can they force me to pay back fees? And if so would I have to pay back expenses for attending lectures as well? If so this could mount to €3000, which as anybody who has gone through a training contract knows is close to 3months wages!! I dont wish to transfer my contract to any other firm I just want out.

    Any advice or opinions from anyone who knows about or has gone through the siuation would be much appreciated.
    (I know how lucky I am to have gotten this opportunity but its just not for me and I'm not doing me or the firm any favours by staying!!)

    Thanks
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