Hi,
We are currently training probationers and are plannning to offer some of them permanent employment on succesful completion of probatiton.
However , we want them to sign a bond to the effect that they will work for our company for a period of 2 years.
Can somebody please send me a sample bond and also mention which clauses can be legally be put in the bond.
Regards,
VM
From United States, San Jose
We are currently training probationers and are plannning to offer some of them permanent employment on succesful completion of probatiton.
However , we want them to sign a bond to the effect that they will work for our company for a period of 2 years.
Can somebody please send me a sample bond and also mention which clauses can be legally be put in the bond.
Regards,
VM
From United States, San Jose
Dear Friend,
Kindly click on the following link, it will give you some required information,
https://www.citehr.com/download-list.php?query=Bond
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
Regards
M. Peer Mohamed Sardhar
093831 93832
From India, Coimbatore
733Kindly click on the following link, it will give you some required information,
https://www.citehr.com/download-list.php?query=Bond
Pls let me know was this information useful,,
If not let me try out more & give information,,,,
Regards
M. Peer Mohamed Sardhar
093831 93832
From India, Coimbatore
Thanks for help.
It was quite useful. I had one more question, how much money should be claimed if the employee breaks the bond? Should it match to the money spent by company or can it be more?
For example , we have spent about 30000 rs. for training, can we put the penal amount as 1 lakh?
Please clarify . Thanks in advance
From United States, San Jose
It was quite useful. I had one more question, how much money should be claimed if the employee breaks the bond? Should it match to the money spent by company or can it be more?
For example , we have spent about 30000 rs. for training, can we put the penal amount as 1 lakh?
Please clarify . Thanks in advance
From United States, San Jose
hi all,
This is nikki,two weeks back i joined in a job in software company by signing 3 yrs of bond.in that it specified that i should work for 3 yrs there.if i beach the bond i should pay 1.5 lac amount else they would file case on me in court.now i got good job in MNC.i wanna join ther. if i quit this job ll they file case on me in court.i am just fearing about that.can anyone tel me the solution.wheather employement bond is legal.will it work on court..pls guyz do help me.i signed in 20 rupeess bond paper..tel me the legal value of this...
Thanks
Nikki sam
From India, Madras
This is nikki,two weeks back i joined in a job in software company by signing 3 yrs of bond.in that it specified that i should work for 3 yrs there.if i beach the bond i should pay 1.5 lac amount else they would file case on me in court.now i got good job in MNC.i wanna join ther. if i quit this job ll they file case on me in court.i am just fearing about that.can anyone tel me the solution.wheather employement bond is legal.will it work on court..pls guyz do help me.i signed in 20 rupeess bond paper..tel me the legal value of this...
Thanks
Nikki sam
From India, Madras
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BOND BY AN EMPLOYEE FOR NOT ENGAGING HIMSELF.doc