I signed a bond of 1 year with a company as a Technical Developer, and I am a fresher. There was no salary mentioned in the bond, but the company has been established for the last 12 years. However, the MD is not providing me with copies of the bond. What could be the reason behind this, and what should I do?
From India, Mumbai
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From India, Mumbai
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Hi,
Being a fresher, your company might be imparting training to you, which involves software (normally licensed software, and the company would incur money towards the license fee). Also, your seniors/trainers would be spending time training you, for which the company will incur expenses towards their salaries. In such a scenario, the company will expect freshers to sign a bond/training agreement to work for the company for a stipulated time frame. These bonds will include details such as the nature of training provided and the compensation clause in case of a violation by the trainee. Your salary details will be mentioned in your appointment order only. Normally, the employer is supposed to share a signed copy of the bond with the employee, but most employers tend to avoid it due to fear of legal litigations.
As you have signed the bond and are undergoing training, please ensure that you complete the one-year training period.
From India, Madras
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1015Being a fresher, your company might be imparting training to you, which involves software (normally licensed software, and the company would incur money towards the license fee). Also, your seniors/trainers would be spending time training you, for which the company will incur expenses towards their salaries. In such a scenario, the company will expect freshers to sign a bond/training agreement to work for the company for a stipulated time frame. These bonds will include details such as the nature of training provided and the compensation clause in case of a violation by the trainee. Your salary details will be mentioned in your appointment order only. Normally, the employer is supposed to share a signed copy of the bond with the employee, but most employers tend to avoid it due to fear of legal litigations.
As you have signed the bond and are undergoing training, please ensure that you complete the one-year training period.
From India, Madras
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It is the duty of the company to share the copy of the bond signed by you. You should talk to HR to make the copy of the bond available. Not sharing the copy of the service bond gives off a fishy smell. Have you read the bond properly before signing it? Did you notice any unwarranted points in the bond?
You should write a request letter stating that the copy of the bond has not been provided to you even after several requests. If the copy of the bond is not provided to me within the next 2 days, it will be understood that the undersigned has never signed any bond with the company or that such a bond hardly exists.
You need to be proactive in this matter because in the future, the bond should not become a problem.
From India, Mumbai
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You should write a request letter stating that the copy of the bond has not been provided to you even after several requests. If the copy of the bond is not provided to me within the next 2 days, it will be understood that the undersigned has never signed any bond with the company or that such a bond hardly exists.
You need to be proactive in this matter because in the future, the bond should not become a problem.
From India, Mumbai
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