Dear Sir/Mam,
Our company send many candidates to foreign countries for Training. On this , company meets a lot of expenses. Company wants to retain their these employees for long run. Kindly share the relevant documents here, so that before sending anyone abroad , we can make the agreement duly signed by those employees.
Thanks
Kumar Gyanendra
General Manager-HR
From India, New Delhi
Our company send many candidates to foreign countries for Training. On this , company meets a lot of expenses. Company wants to retain their these employees for long run. Kindly share the relevant documents here, so that before sending anyone abroad , we can make the agreement duly signed by those employees.
Thanks
Kumar Gyanendra
General Manager-HR
From India, New Delhi
Dear Kumar Gyanendra,
To make this type of agreement, it is recommended to take the advice of a professional lawyer who handles cases of the Indian Contract Act, of 1872. Please check with him whether making an agreement on stamp paper is sufficient or whether the agreement needs to be registered at a specific government department.
Before making an agreement, ask an employee to submit the application stating what training/education course he wishes to pursue, where he wishes to pursue it, what will be the duration of the course, the estimated cost of making a visa, the estimated cost of foreign travel and accommodation and what will be his commitment to work in the company to provide the ROI on the expenses incurred owing to this training course.
Instead of a normal application, the employee can be told to submit a notary-attested affidavit. The points mentioned in the affidavit can be included in the agreement as well.
Both for the affidavit and the agreement, the value of the stamp paper can be above ₹500.00
Thanks,
Dinesh Divekar
From India, Bangalore
7881To make this type of agreement, it is recommended to take the advice of a professional lawyer who handles cases of the Indian Contract Act, of 1872. Please check with him whether making an agreement on stamp paper is sufficient or whether the agreement needs to be registered at a specific government department.
Before making an agreement, ask an employee to submit the application stating what training/education course he wishes to pursue, where he wishes to pursue it, what will be the duration of the course, the estimated cost of making a visa, the estimated cost of foreign travel and accommodation and what will be his commitment to work in the company to provide the ROI on the expenses incurred owing to this training course.
Instead of a normal application, the employee can be told to submit a notary-attested affidavit. The points mentioned in the affidavit can be included in the agreement as well.
Both for the affidavit and the agreement, the value of the stamp paper can be above ₹500.00
Thanks,
Dinesh Divekar
From India, Bangalore
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SECURITY AGREEMENT.doc