Employers Asking To Sign A Bond - Is That Legal?

@saymyname wrote:

@GoogleCA wrote:

He said some do know
Unfortunately/Fortunately i m not in those “some”

Seriously, mereko toh lagta hai aap teeno ki badhia jamti hai.

Honestly bolun aap teeno ki ek story dimaag baithi hui hai where asokwa is lover of @Plato aur aap dono ki matved suljhate ho.

Hahaha
I even haven’t had any chat with asoka. With Plato 1-2 times maybe. That too related to some offer

@getready wrote:

@plz wrote:

@getready wrote:

This happens with every MNC

Banks and PSU 2

— Maybe not in state and central government not sure

I dont have any idea about bank jobs but all these top tier companies require an agreement of min 2 years like TCS, infosys so n so..
I remember few of my friends paying like around 50000-100000 when they decided to break the agreement
So, if we are looking for a temporary job or the company is not so great then its best to skip those jobs which require 1 or 2 years agreement

For Pvt companies generally you had to pay the bond amount only if you want RELIEVING LETTER. If you didn’t want it., you can simply send an email and stop going to wok. (Generally it’s called ABSCOND).

I never heard any company threatening employee to comeback to work unless it’s some low level one

@DealSeeker wrote:

@sunnie A sensible answer has already been given by @mackmad above. I will add that such agreements are indeed “legal”, but they can be contested in a court of law if it comes to that.

I think, employer cannot force anyone to work for them.

Most common issue in pvt sector. Thankfully am working & enjoying in Ifci ltd.

@sunnie wrote:

@DealSeeker wrote:

@sunnie A sensible answer has already been given by @mackmad above. I will add that such agreements are indeed “legal”, but they can be contested in a court of law if it comes to that.

I think, employer cannot force anyone to work for them.

Ki haal , twade questions da !?

@sunnie wrote:

@DealSeeker wrote:

@sunnie A sensible answer has already been given by @mackmad above. I will add that such agreements are indeed “legal”, but they can be contested in a court of law if it comes to that.

I think, employer cannot force anyone to work for them.

Not for lifetime just for 2 years usually

mainley bcuz they spend a lot on training learning on newbie employee who doesnt know anything which cost a lot to company / institute

they have every right to force u to work for sometimes

else sabhi training lenge kaam sikhenge aur dusre company m bhag jayenge

@blue wine wrote:

@sunnie wrote:

@DealSeeker wrote:

@sunnie A sensible answer has already been given by @mackmad above. I will add that such agreements are indeed “legal”, but they can be contested in a court of law if it comes to that.

I think, employer cannot force anyone to work for them.

Not for lifetime just for 2 years usually

mainley bcuz they spend a lot on training learning on newbie employee who doesnt know anything which cost a lot to company / institute

they have every right to force u to work for sometimes

else sabhi training lenge kaam sikhenge aur dusre company m bhag jayenge

Since employers are into business, and they might lose at any point of time. But they cannot force any employee to work for specific duration (not even a year or two)

@sunnie wrote:

@blue wine wrote:

@sunnie wrote:

@DealSeeker wrote:

@sunnie A sensible answer has already been given by @mackmad above. I will add that such agreements are indeed “legal”, but they can be contested in a court of law if it comes to that.

I think, employer cannot force anyone to work for them.

Not for lifetime just for 2 years usually

mainley bcuz they spend a lot on training learning on newbie employee who doesnt know anything which cost a lot to company / institute

they have every right to force u to work for sometimes

else sabhi training lenge kaam sikhenge aur dusre company m bhag jayenge

Since employers are into business, and they might lose at any point of time. But they cannot force any employee to work for specific duration (not even a year or two)

dekh idhar goverment bhi bond bharvati h theek h na ?

ibps – jo all banks m recuit karti h 2 year ka bond bharvati h

rajasthan government – 2 year or in 2 year m vo fix salary deti h 8000/12000 na ki full salary

central ka sure nahi h bt i guess every other state follow the same policy

galat h to case karo jakar

@blue wine wrote:

@sunnie wrote:

@blue wine wrote:

@sunnie wrote:

@DealSeeker wrote:

@sunnie A sensible answer has already been given by @mackmad above. I will add that such agreements are indeed “legal”, but they can be contested in a court of law if it comes to that.

I think, employer cannot force anyone to work for them.

Not for lifetime just for 2 years usually

mainley bcuz they spend a lot on training learning on newbie employee who doesnt know anything which cost a lot to company / institute

they have every right to force u to work for sometimes

else sabhi training lenge kaam sikhenge aur dusre company m bhag jayenge

Since employers are into business, and they might lose at any point of time. But they cannot force any employee to work for specific duration (not even a year or two)

dekh idhar goverment bhi bond bharvati h theek h na ?

ibps – jo all banks m recuit karti h 2 year ka bond bharvati h

rajasthan government – 2 year or in 2 year m vo fix salary deti h 8000/12000 na ki full salary

central ka sure nahi h bt i guess every other state follow the same policy

galat h to case karo jakar

kuch tou karna padega

Bonded labour, in essence, is outlawed as per the Bonded Labour System (abolition) Act, 1976. This means there can be no valid contract that compels employees to stick for a particular tenure in the company.
https://quikchex.in/employment-bonds-contracts-...

@sunnie wrote:

@blue wine wrote:

@sunnie wrote:

@blue wine wrote:

@sunnie wrote:

@DealSeeker wrote:

@sunnie A sensible answer has already been given by @mackmad above. I will add that such agreements are indeed “legal”, but they can be contested in a court of law if it comes to that.

I think, employer cannot force anyone to work for them.

Not for lifetime just for 2 years usually

mainley bcuz they spend a lot on training learning on newbie employee who doesnt know anything which cost a lot to company / institute

they have every right to force u to work for sometimes

else sabhi training lenge kaam sikhenge aur dusre company m bhag jayenge

Since employers are into business, and they might lose at any point of time. But they cannot force any employee to work for specific duration (not even a year or two)

dekh idhar goverment bhi bond bharvati h theek h na ?

ibps – jo all banks m recuit karti h 2 year ka bond bharvati h

rajasthan government – 2 year or in 2 year m vo fix salary deti h 8000/12000 na ki full salary

central ka sure nahi h bt i guess every other state follow the same policy

galat h to case karo jakar

kuch tou karna padega

Bonded labour, in essence, is outlawed as per the Bonded Labour System (abolition) Act, 1976. This means there can be no valid contract that compels employees to stick for a particular tenure in the company.
https://quikchex.in/employment-bonds-contracts-...

actually what i have understood there are pretty simple ways in which these contracts can be breached without conflicting with any party when it comes to big companies . However in case of smaller companies this can become an issue . And companies do not coin it as a pure labour contract . They say that they have invested a whole lot of money in imparting world class training and this period is only to cover the cost .

http://www.pocketlawyer.com/blog/employment-bon...