Employees Bond Agreement Format
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Hi all,If a company wants to have a candidate sign a bond/agreement for 2 years, what precautions should be taken? Also, how much value of Rs. Stamp paper will be required for a 2 lakh Bond? Can any senior/legal adviser assist with this matter?Thank you.
Dear,Each state has its own rates. The stamp duty for a bond is different from an agreement. Please check the local rates with your legal counsel or company's chartered accountant.With Regards,Mobile: 9025792684.
The current company has a two-year bond which is signed at the time of joining. Herein, it is mentioned that in case the employee leaves before 2 years, a relieving letter will be provided only at the end of 2 years.My probation was extended by another 3 months....
Hi everyone,I have an employee who signed a one-year bond agreement with us when joining our company. However, after only 3 months, she submitted a resignation application. Can anyone provide me with a sample letter to issue a notice to her about the breach of t...
Bonded labor is abolished in India, and hence such agreements are not enforceable. At most, you can ask the employee to serve the notice period, if any, or ask her to pay you an equivalent salary in lieu of the notice period.
What was the content of the bond? Have you provided any kind of special training to such an employee? If not, then you cannot do much with the bond as already pointed out herein above.
Can someone help me with the format of a bond clause for an offer letter and bond agreement of 2 years for individuals with 3-5 years of experience in the industry?
Please use the search facility to find the previous posts on this subject by other members of the CiteHR community. The search facility is located at the top of the page, next to the CiteHR logo.Also, refer to the Similar Discussions and Related Files sections i...
To create a bond agreement for employees to commit to staying with the company for 18 months after receiving certified training, follow these steps:**Step 1: Understand Legal Requirements**Ensure the bond agreement complies with Indian labor laws, particularly t...
Hi All,I need a format for employees to sign the bond agreement to stay with our company for 18 months, as we provide certified training to them.Regards,HR**Location**: Bengaluru, IndiaCountry-India,City-India-Bengaluru,bond agreement,