Friday, March 12, 2010

Bonds...more nuisance than actual help?

Most of my friends who are working and are planning to quit say that resigning from a job is much more difficult than even finding one. At least one has nothing at stake and nothing to lose when he is finding a job.

Most companies these days get their employees to sign an employment bond at the time of joining. Some also do it at a later stage. The employees have no resort than to sign on the dotted line. The bond wordings can differ, but in all cases they will act as obstacles to free mobility in jobs. Some of the typical clauses in a common employment bond are:

· If you leave job, you will have to give a 1/2/3 months notice.

· You cannot join a company that is into a similar line of business.

· You will have to pay to the company a particular sum if you are leaving the organisation.

If one plans to adhere to the company's policy, he will keep sticking to the company for as many years until the organisation someday throws him out.

Here are the reasons why it is so difficult to leave a job:

· The companies that one interviews at will want him to join office immediately. If he said that he has a notice period of 3 months, they would seldom consider the candidature.

· If someone thinks of quitting by giving a three months notice without a job in hand, is there a guarantee that he will secure one after the notice period expires?

· It is difficult to leave job even if one plans to leave without adhering to the notice policy.

o The organisation one worked for sues him in the court for breaching the employee contract.

o All relations with past employer are broken and soured.

o And the worse thing to happen to any person who's planning to be in employment forever - if any organisation finds that there is a case running against someone for breaching an employment contract the dream that they will give you a job can be forgotten. It's rational on their part: if someone left his last organisation, he may also leave them. So why should they hire that person?

So how does one leave without waiting eternally and without paying the huge compensation amount? Here are some interesting ways:

1. Go beg the boss for letting you go. There are 50-50 chances that you will be freed of the shackles of employment. A side effect can be that your employer knows of your intention to resign. From that day onwards, he will keep an extra vigil on you.

2. Just disappear one fine day. Leave no traces of where you could be found. Do your homework first. Check that you have left no permanent addresses where any court notice could be sent. If you have a phone number, disable it. This is just like when you are escaping the police for murder charges.

3. Fight the case valiantly. In India, a majority of the cases are in the favour of employees. Section 27 says that people have right to choose their profession.

4. Also not all companies pursue breach of employment contract case.

No comments: