CSS Forums

CSS Forums (http://www.cssforum.com.pk/)
-   Banking Jobs (http://www.cssforum.com.pk/banking-finance/banking-jobs/)
-   -   Are training/employment bonds enforceable?? (http://www.cssforum.com.pk/banking-finance/banking-jobs/80111-training-employment-bonds-enforceable.html)

shabby99 Friday, May 31, 2013 10:05 AM

Are training/employment bonds enforceable??
 
AoA,
Respected memebers, I want to ask that currently almost all the employers make their prospective employees sign a bond so that the employee doesn't defect for a specific time after getting the initial training from the employer. Are these bonds really been enforced by the employers? Can one leave the organization within the probation period or during the training after signing the bond? Please reply.

aminshah101 Sunday, June 02, 2013 05:21 PM

[QUOTE=shabby99;605897]AoA,
Respected memebers, I want to ask that currently almost all the employers make their prospective employees sign a bond so that the employee doesn't defect for a specific time after getting the initial training from the employer. Are these bonds really been enforced by the employers? Can one leave the organization within the probation period or during the training after signing the bond? Please reply.[/QUOTE]

I think if they are meant for the reimbursement of Training, Boarding and Lodging Cost incurred on you by the employer, then yes. They can claim that amount.

Otherwise no. Bonded labour is challengeable by law.

But do read the agreement before you sign.

abidkhan Tuesday, June 04, 2013 11:04 AM

[QUOTE=shabby99;605897]AoA,
Respected memebers, I want to ask that currently almost all the employers make their prospective employees sign a bond so that the employee doesn't defect for a specific time after getting the initial training from the employer. Are these bonds really been enforced by the employers? Can one leave the organization within the probation period or during the training after signing the bond? Please reply.[/QUOTE]

In Banking sector now a days bond are strictly enforceable and in other organization from which turn out is not so high the term of bonds are not so strict the make it lenion in some cases but not as a hole you are free.

aminshah101 Wednesday, June 05, 2013 12:12 PM

Bonds in banking have value only if you switch from one bank to another. If you switch to another industry, it solely depends on your future employer, which in most of the cases DO NOT pay much heed to the bond thing.

All they require is a letter of experience and in few EXCEPTIONAL cases, even resignation receiving works...

farhansaleem22 Thursday, May 08, 2014 07:22 PM

bond breaking ?
 
Is it true that if we break the employment bond of any bank without paying them the amount of bond, then we will be not able to get the job in the banking sector again ?


06:41 AM (GMT +5)

vBulletin, Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.