i am an engineering graduate , with a core knowledge of java. I am working in a small company . they recruit me as a fresher at the pay of 5k . and said me after 5 month they will make it 10k and signed a bond for two years . i am making jsp pages over there. i worked over there 8 months .and now my salary is 10k , now i want to change that company , now i am getting a offer of 16k . i dont want to name the company. can anybody tell me what will be the consequences . if i leave that company without informing them. i dont know what should i do
There will be no consequences other than not giving a decent experience certificate or may be withholding some unpaid salary. Such bonds are illegal and are done only to scare the employees. If they try to threaten you, just say f*** off
Ram is right.But do it if you are frustrated beyond the breaking point. Some of my friends left the company with in 3 months. They were served with a lame and useless notice. [ January 06, 2006: Message edited by: Ramesh Choudhary ]
anyone , what we should keep in mind , while signing the bond. is there any way to come out from bond terror. thesedays many companies are using these ways to threatened the freshers. and using them on a very little pay scale .
Its very old technique.I thought with more jobs openings in a country this might have reduced!!.problem is attrition rate is very high.Employers are finding various ways like partying,gifting tShirts,distributing sweets etc to retain the employees but don't seem to be working.Employers definitely can't give salary beyond certain limit.The purpose of offshore/outsourcing will fail otherwise.But starting salary has certainly risen in past 2/3 years.Fresher as a tester in Oracle India gets more than 2.5 Lakh /year. You can sign a bond if you agree with all terms and conditions.But don't give your certificates etc. [ January 07, 2006: Message edited by: Arjunkumar Shastry ]
Dont worry this kind of bonds are illeagal, no one can do anything if you break this kind of bonds. Only thing is they may not give you an experience letter or may hold up ur unpaid salary. NOTHING ELSE THEY CAN DO ABOUT THIS.
Always code as if person who is going to maintain your code is a maniac serial killer and knows where you live
hey..........my bond period is 2 years,failing which i may need to pay approx 4 lacs.........some say its illegal and that the company can't do anything.......but i can't buy that opinion because the company forced us to furnish hell lot of documents,like pay slip of mom and dad,property certificates duly attested by gazzeted officers,etc and signed the bond on Stamp Paper which can be produced in a court of law.........i wanted to be in telecom domain,which at the time of placements,the hr told they have many telecom clients...........but now even after 7 months i,and my frieds,are without projects,leave alone working for a telecom client.....so i want to break the bond
Originally posted by biswajit goswami: hey..........my bond period is 2 years,failing which i may need to pay approx 4 lacs.........some say its illegal and that the company can't do anything.......but i can't buy that opinion ....
Hey, that's fine. You don't have to buy every opinion out there You can keep working for your firm for 2 yrs. [ January 09, 2006: Message edited by: Ram Bhakt ]