I have a question regarding fnf settlement. I was working with a it mnc. I had signed a bond of 12 months with the employer. However I resigned from my position after 58 days due to some unforeseen and unfortunate event in my family. Can I request my HR to reduce the fnf settlement as my financial situation is pretty bad right now. Can I ask for a reduced amount that I have to pay for breaking the bond. I did not abscond.i mailed my hr and my manager also that it is not possible for me to serve notice period as my immediate family member is fatally Ill and no physical help is present over here.I want to stay with my family and as my financials are not good , I want to request for a reduced amount. Originally the bond was for 75000. To what extent I can ask for reduction?
From India
From India
Did the MNC impart any special training for you?
What position did you hold in MNC?
On what basis was Rs75000 decided upon by the MNC?
What was the exit/notice period specified for you?
Kindly put the bond in the forum with personal details masked.
Let experts here read the clauses.
The claim by MNC appears to be exaggerated amount and may not stand in a court of law.
The bond per se appears to be a imposition of forced labour.
Consult a labour advocate, you may not need to pay anything to MNC as bond itself can be questioned.
From India, Pune
3131What position did you hold in MNC?
On what basis was Rs75000 decided upon by the MNC?
What was the exit/notice period specified for you?
Kindly put the bond in the forum with personal details masked.
Let experts here read the clauses.
The claim by MNC appears to be exaggerated amount and may not stand in a court of law.
The bond per se appears to be a imposition of forced labour.
Consult a labour advocate, you may not need to pay anything to MNC as bond itself can be questioned.
From India, Pune
I was posted as project engineer.we were not given any specialised training. They called it individual learning and we were given systems where we had some tech module and we had to complete that and pass a test. One ma'am used to come as mentor , she used to hardly stay 2 hours per day. And apart from this some 3 days corporate training where we were tought how to work with peers and did some group activities like making a team , coming up with innovative ideas and represent them or like sell an innovative product etc. I dont have the soft copy of bond ,but I have my joining letter.i am posting it here for others to see. I was on probation and notice period was 30 days. But I had not started working. I had just finished my training of 52 days (7 weeks of technical and 1 week corporate) . We were not given any dedicated training. It was almost self learning apart from that mentor coming and checking on us. As far as I remember the bond was on normal paper not on any judicial paper. We were not given any soft copy of the bond.
From India
From India
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Full n final settlement.doc