I went for an interview in one company. They asked me if I can sign one year bond according to which if I leave the job before one year then I will have to pay 3 months salary back. But I politely refused & told them that though I plan to work long term for the company I can't take risk and guarantee it because you never knows what happens in future. So they told me that they will not insist on signing bond if I am not comfortable but at-least I will have to sign a commitment letter. I said yes at that time. But you may find it stupid but I really don't know what committment letter is? All I assumed that it must not have any conditions like bond. But does committment letter have any condition? I am selected and will be joining next week so I still have the time to think
From India, Ahmedabad
From India, Ahmedabad
I just want to know that if commitment letter is just a formal letter to show the support to the company or is it a legal contract breaking which one may have to bear legal consequences? Be it bond or any legal contract, I wouldn't be comfortable to guarantee my tenure and that I stated clearly in interview. But now I doubt that during interview when I said I wouldn't sign the bond letter stating that if I left the job before a year that I would pay back three months salary so they got clever & persuaded me by saying that at-least give us the commitment letter and they changed some of the terms and started calling it a "commitment" letter stating that I would work for them GUARANTEED for a least one year no matter what?
From India, Ahmedabad
From India, Ahmedabad
Dear Rs111,
It is an usual practice that employers take commitment letter from the employee for a fixed period and this way a fear is created in the mind of the employee, some companies even go to the extent of mentioning the amount recoverable from the employee on abandoning or committing breach of the agreement.
Also remember It really does not matter if the commitment letter is on plain paper or the company letter head or on stamp paper. If there is an objection that the contract is not duly stamped, the same can be compounded to by paying the stamp duty to make it valid.
So better don't join them, look for other opportunity.
Regards
Anita
From India, Mumbai
It is an usual practice that employers take commitment letter from the employee for a fixed period and this way a fear is created in the mind of the employee, some companies even go to the extent of mentioning the amount recoverable from the employee on abandoning or committing breach of the agreement.
Also remember It really does not matter if the commitment letter is on plain paper or the company letter head or on stamp paper. If there is an objection that the contract is not duly stamped, the same can be compounded to by paying the stamp duty to make it valid.
So better don't join them, look for other opportunity.
Regards
Anita
From India, Mumbai
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