Mahendra Patel
Can any one provide me draft of sureyty bond to be executed between employee & employer in case employer sending employees for further training at some training institute. Regards Mahendra Patel
From India, Lucknow
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1859

Dear Mahendra,

You would find the templates in the links attached, as a point of reference. You may require to design one for your company based on the following areas:
  • The business requirement of the training/travel and every details including the start date , end date , program details , certification and etc.
  • The total cost incurred and to be covered in the agreement
  • Duration for which this agreement would be valid
  • Define the standards and non-adherence
  • What are the resulting actions to be initiated on such non-adherence
  • The escalation matrix to be followed in case of non-adherence
  • Consult the legal advisor on the draft that you prepare.
  • Communicate extensively with the employees, leaving no room for doubt.
  • Please do offer the option of not agreeing to sign the agreement , but that may amount to discontinuity in the employment with the firm.

Here are few documents for your reference:

Blog your queries whiled designing this for your organization. Request the legal experts in this forum to advice on this.

Regards,

(Cite Contribution)


From India, Mumbai
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1859

Thank you Anuj , I am glad you liked it. Incase you wish to work on this, blog your queries and allow us to contribute to your learning. Regards, (Cite Contribution)
From India, Mumbai
sushil_quickwin
Hi,
The best way to implement a training bond between an employer and employee is to motivate them by providing them a good trainings for Service management or for Behavioral trainings.After getting these trainings they feel motivated towards their quality work.

From India, Ghaziabad
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