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  #1  
Old Friday, May 31, 2013
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Default 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.
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Old Sunday, June 02, 2013
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Quote:
Originally Posted by shabby99 View Post
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.
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.
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Old Tuesday, June 04, 2013
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Quote:
Originally Posted by shabby99 View Post
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.
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.
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Old Wednesday, June 05, 2013
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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...
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Old Thursday, May 08, 2014
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Default 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 ?
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