I have executed bond with the company and resigned from the organization. But the last working day will be only after completion of the bond period. But the organization intends to keep me without releasing and they asked me to serve 3 months notice period. I have given 45 days notice period.
Advice me
From India, Madras
Advice me
From India, Madras
Dude,
Nothing to worry. If you have givena notice period thenits enough. To be frank these bonds are not much effective. No one will take any kinda action. When you finish your notice period then with out any hesitation leave the company and join whereever you wish to. But be in good touch of the company so that theyr wont create any issue in issuig you the Relieving letter.
Thanks & Regards
AniL Singh
From India, Hyderabad
Nothing to worry. If you have givena notice period thenits enough. To be frank these bonds are not much effective. No one will take any kinda action. When you finish your notice period then with out any hesitation leave the company and join whereever you wish to. But be in good touch of the company so that theyr wont create any issue in issuig you the Relieving letter.
Thanks & Regards
AniL Singh
From India, Hyderabad
Hi anil,
Even Iam facing the same problem,i have 2years commitment bond and served that, but they are not relieving me until i serve the notice period of 2 months.I gave my resignation 4 months before my commitment period end.
Even i\'m ready to buy notice period there is no such option.
Please suggest can i go legally?
please help me it\'s urgent
thanks in advance
From India
Even Iam facing the same problem,i have 2years commitment bond and served that, but they are not relieving me until i serve the notice period of 2 months.I gave my resignation 4 months before my commitment period end.
Even i\'m ready to buy notice period there is no such option.
Please suggest can i go legally?
please help me it\'s urgent
thanks in advance
From India
Hi Kanth, We understand your concern but there is no need to start multiple discussion which can create confusions for both reader and you. ( https://www.citehr.com/419591-can-i-...d-legally.html )
Coming back to the point, I would like to know more about your Bond that you have signed with them also I want you to please go through it once again and let me know the terms.
Second how you can go to one-sided commitment Employment Bond that is I wanna know from you too.
Lastly, if your employment bond terms and conditions allow you to go away after completion of BOND with prior notice/information to your employer, they cant force you to stay more or serve any Notice Period which I suppose are not containing your BOND. If so it is really important to know the actual terms and conditions of your employment bond first.
Please share more.
https://www.citehr.com/46589-employm...vice-bond.html
From India, Gurgaon
663Coming back to the point, I would like to know more about your Bond that you have signed with them also I want you to please go through it once again and let me know the terms.
Second how you can go to one-sided commitment Employment Bond that is I wanna know from you too.
Lastly, if your employment bond terms and conditions allow you to go away after completion of BOND with prior notice/information to your employer, they cant force you to stay more or serve any Notice Period which I suppose are not containing your BOND. If so it is really important to know the actual terms and conditions of your employment bond first.
Please share more.
https://www.citehr.com/46589-employm...vice-bond.html
From India, Gurgaon
Hi Anil,
I\'m very glad to have your reply.I\'ll explain clearly about the bond now.
Actually at the time joining \"they requested me to sign a commitment bond for 2years. Failing it, the company has the right to claim all the training expenses\"(Here when i asked for the training expenses,they said it\'s only company has the right to break the bond,not the employee).
our company has a policy of serving 2months of notice period.so,they request me to complete the commitment period, and also 2months of notice period(apart from the resignation) and can leave the company.
From India
I\'m very glad to have your reply.I\'ll explain clearly about the bond now.
Actually at the time joining \"they requested me to sign a commitment bond for 2years. Failing it, the company has the right to claim all the training expenses\"(Here when i asked for the training expenses,they said it\'s only company has the right to break the bond,not the employee).
our company has a policy of serving 2months of notice period.so,they request me to complete the commitment period, and also 2months of notice period(apart from the resignation) and can leave the company.
From India
Well if your employment terms asking you to deliver the Notice Period of two months, you have to do so.
There is nothing you need to do what are not according to Terms & Conditions employment letter, but I still surprised how you can agreed on a one sided BOND. As you said, “Employer deserve the right to breach the Employment Terms anytime” can be dangerous and one must not accept the same. Hope you will take care of the same in future and read the T&Cs carefully while signing any employment letter.
From India, Gurgaon
There is nothing you need to do what are not according to Terms & Conditions employment letter, but I still surprised how you can agreed on a one sided BOND. As you said, “Employer deserve the right to breach the Employment Terms anytime” can be dangerous and one must not accept the same. Hope you will take care of the same in future and read the T&Cs carefully while signing any employment letter.
From India, Gurgaon
Hi Anil,
I read your suggestions/comments; it was pretty good.
Need a small help. I have drafted a one year bond agreement for employees, however, not sure about 1-2 clauses.
I.E In case, the employee doesn't complete one year then can we directly ask for reimbursement of gross emolument paid to the employee.
Or what kind of strict clauses (which is legally applicable too) we can include so that, this agreement will bind the employees for one year.
Look forward to your valuable response.
Regards,
Aahit
From India, Solan
I read your suggestions/comments; it was pretty good.
Need a small help. I have drafted a one year bond agreement for employees, however, not sure about 1-2 clauses.
I.E In case, the employee doesn't complete one year then can we directly ask for reimbursement of gross emolument paid to the employee.
Or what kind of strict clauses (which is legally applicable too) we can include so that, this agreement will bind the employees for one year.
Look forward to your valuable response.
Regards,
Aahit
From India, Solan
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Bond of Employment.doc
Bond in employment.pdf