factual

What does 'TRE' mean in the context of a Big Blue Swim School franchise agreement?

Big_Blue_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

You are responsible for paying your employees' wages, benefits, and TRE while they attend training. We will give you information about the number of hours your employees are actively involved in classroom and in-School training, and you are responsible for evaluating any other information you believe you need to ensure your employees are accurately paid during training. You also are responsible for maintaining workers' compensation insurance over your employees during training and must send us proof of that insurance before a given training program begins.

Source: Item 22 — CONTRACTS (FDD pages 75–76)

What This Means (2025 FDD)

According to the 2025 Big Blue Swim School Franchise Disclosure Document, the acronym 'TRE' refers to "travel-related expenses." Big Blue Swim School franchisees are responsible for covering their employees' wages, benefits, and travel-related expenses while the employees attend training programs.

Big Blue Swim School will provide franchisees with information regarding the number of hours employees spend in classroom and in-school training. It is then the franchisee's responsibility to evaluate this information, along with any other information they deem necessary, to ensure that employees are accurately compensated during training.

In addition to wages, benefits, and TRE, franchisees must also maintain workers' compensation insurance for their employees throughout the training period. Proof of this insurance must be submitted to Big Blue Swim School before the commencement of any training program. This requirement ensures that employees are protected in case of any work-related injuries or incidents during their training.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.