Hi Folks, Please share the format/template of any bond/contract after training of the respective employee if any.
From India, Delhi
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1From India, Delhi
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Training bonds have been discussed at length previously by members of CiteHR. Please use the search facility located at the top of the page next to the CiteHR logo to find all the previous discussions. You may not find exactly what you are looking for, but there will be examples that you can adapt to suit YOUR organization's requirements.
I believe there is some doubt regarding the legality of bonding people in India, so you would be well advised to approach this with great care and seek legal advice before proceeding.
From Australia, Melbourne
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I believe there is some doubt regarding the legality of bonding people in India, so you would be well advised to approach this with great care and seek legal advice before proceeding.
From Australia, Melbourne
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Any bond or contract to bind is illegal in India.
If you are giving training to an employee, which holds some market value and is of decent worth, then we can request voluntary acceptance from the employee, asking management to sponsor it. As a form of compensation, the employee expresses willingness to stay long with conditions applied. A technology transfer involving Intellectual Property (IP) and Non-Disclosure Agreement (NDA) with a parent company can be initiated by an employee, and in this case, a relevant document can be used to bind the tenure.
It is important to make this process voluntary rather than mandatory. Additionally, it is recommended to include a first right of refusal clause in the exchange of communication.
For more information on the legality of bonds between employees and employers in India, you can visit: [LawBriefcase](https://lawbriefcase.com/are-bonds-between-employees-and-employer-legal-in-india/).
-Eka Pillai
From India, Bardoli
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If you are giving training to an employee, which holds some market value and is of decent worth, then we can request voluntary acceptance from the employee, asking management to sponsor it. As a form of compensation, the employee expresses willingness to stay long with conditions applied. A technology transfer involving Intellectual Property (IP) and Non-Disclosure Agreement (NDA) with a parent company can be initiated by an employee, and in this case, a relevant document can be used to bind the tenure.
It is important to make this process voluntary rather than mandatory. Additionally, it is recommended to include a first right of refusal clause in the exchange of communication.
For more information on the legality of bonds between employees and employers in India, you can visit: [LawBriefcase](https://lawbriefcase.com/are-bonds-between-employees-and-employer-legal-in-india/).
-Eka Pillai
From India, Bardoli
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Format Meanings.txt
Kra format.doc