How to say no to company A in which, I signed a bond of very huge amount through cheque and now I have an opportunity in company B which has 80% more salary than company A, I have one month time to join company A in which I signed the bond. So, can anyone tell me how to say no to company A?
From India, Ahmedabad
1From India, Ahmedabad
The legality of employment bonds in India depends on the terms and conditions of the bond and the value of the efforts invested by the employer to train the employee. Therefore, unless the bond details are disclosed, it will not be possible to give an answer.
From India, Salem
From India, Salem
A bond cannot be restrict beyond limits.
If your company gives you special training and incurs expenditure, in such cases a minimum period can be specified for employee to work and add value.
Beyond that mobility of labour cannot be blocked.
As learned member Umakanthan has mentioned give specific details of training bond and employment conditions to get suitable answers
From India, Pune
If your company gives you special training and incurs expenditure, in such cases a minimum period can be specified for employee to work and add value.
Beyond that mobility of labour cannot be blocked.
As learned member Umakanthan has mentioned give specific details of training bond and employment conditions to get suitable answers
From India, Pune
Thanks for replying, I would like to tell you that in my bond they mentioned that bond will be start after joining so, I would like to ask you that they can withdraw money or sue me in court if, I left job before joining?
From India, Ahmedabad
From India, Ahmedabad
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so many replies on a half recipe query??
it has not yet mentioned that since how many months the person is working with company A and when would the probation period would get over,
Bond query comes in picture when the employment terms are violated after the training/ probation and partially since the joining date,
Let the person post the full details 1st
so many replies on a half recipe query??
it has not yet mentioned that since how many months the person is working with company A and when would the probation period would get over,
Bond query comes in picture when the employment terms are violated after the training/ probation and partially since the joining date,
Let the person post the full details 1st
Dear colleague,
It appears you have accepted an offer of employment with condition of bond ,which apply only after you have joined. You have stated that you have not joined yet. So legally you have not become an 'employee' yet .
Since you received another lucrative offer of the job, you intend to decline the first offer. I don't see any legal hastle if you decline though certainly it will cause inconvenience to company A and reflect badly on your approach.
Regards,
Vinayak Nagarkar
HR and Employee Relations Consultant
From India, Mumbai
It appears you have accepted an offer of employment with condition of bond ,which apply only after you have joined. You have stated that you have not joined yet. So legally you have not become an 'employee' yet .
Since you received another lucrative offer of the job, you intend to decline the first offer. I don't see any legal hastle if you decline though certainly it will cause inconvenience to company A and reflect badly on your approach.
Regards,
Vinayak Nagarkar
HR and Employee Relations Consultant
From India, Mumbai
#4Thanks for replying, I would like to tell you that in my bond they mentioned that bond will be start after joining so, I would like to ask you that they can withdraw money or sue me in court if, I left job before joining?
Yesterday From India, AhmedabadThanks for replying, I would like to tell you that in my bond they mentioned that bond will be start after joining so, I would like to ask you that they can withdraw money or sue me in court if, I left job before joining?
Yesterday From India, Ahmedabad
yar what a foolish & rubbish question you ask If there is mention that the condition is apply when you join.
if you not join all legality of company null & void
who dare you to punish or penalize if you not join the comapny
From India, Delhi
Yesterday From India, AhmedabadThanks for replying, I would like to tell you that in my bond they mentioned that bond will be start after joining so, I would like to ask you that they can withdraw money or sue me in court if, I left job before joining?
Yesterday From India, Ahmedabad
yar what a foolish & rubbish question you ask If there is mention that the condition is apply when you join.
if you not join all legality of company null & void
who dare you to punish or penalize if you not join the comapny
From India, Delhi
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