1. Does your boss want to have the contract with you only, or he wants everybody in the company to sign the contract?
2. Does the contract mean you will be a contractor, not a permanent employee in the company?
3. Is it just an agreement, not really a contract?
4. Does your boss want you to sign it just because he agrees to allow you to attend the training course and pay for you? Remember he will pay $5000 for you, far away more than $1000 limit.
5. What's is your value in the company? In other words, how much money can you make or save for the company per year?
If you know these answers, you should know what to do next.
2. Does the contract mean you will be a contractor, not a permanent employee in the company?
3. Is it just an agreement, not really a contract?
4. Does your boss want you to sign it just because he agrees to allow you to attend the training course and pay for you? Remember he will pay $5000 for you, far away more than $1000 limit.
5. What's is your value in the company? In other words, how much money can you make or save for the company per year?
If you know these answers, you should know what to do next.