I was just wondering the dilemma many youngsters have before signing a bond for a lucrative job in a reputed company. Signing the bond when one knows that he or she only wants some experience in the company before doing a post graduate course becomes another tough call. Also many employees who are not satisfied with their current employer in the bond period itself (which is generally 2 years for most of the companies) and want to move on are in a fix because of the risk of breaking bond. As everyone knows that if you break the bond company will not give you the experience certificate required to be shown in other company.
I got a solution to this particular risk of breaking bond from one of the HR person of a company. The solution is to give a copy of the resignation email approved by your present company to the joining company as a proof of experience. Also give them in writing on an affidavit that you will be responsible for any further problem created by your previous company. Say if the previous company files a court case on you (which is not possible as in India we don’t have any concept of “bonded labor”) in that case all the responsibility will be taken by you. This is a rather bold solution to the problem given by the bond creators themselves (HR persons). This was in general for the bonds which fresher’s have to sign before joining.
For breaking other bonds like the H1 visa bond (which the company forces to sign once the visa is prepared by them), the future companies generally buyout the visa on which your previous company had invested money. So it is ok to break the bonds if one feels that will benefit in their future growth.
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Getting a prospective employee to sign a bond when he was unemployed
is itself illegal and immoral as the employer is taking an undue advantage over the unemployed worker, who desperately in need of a job is FORCED to sign a bond.No legal action can be taken against the employee in such circumstances.
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