Prime Sponsor - - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
Hi All,
I have signed the training bond of 2 Lacks in a MNC .As per the training bond in very first line :
"on joining organization , you will undergo a mandatory training that will ensure that develop the required competency to do the assigned work on completion of this training”.(which is NOT on stamp paper )
But they did not provided any training , I'm billable after a month .
Now I resigned , So they come-up with training bond .
my HR says "on the job training " is part of training . So I have to pay 1.5 Lacks .My bond will expire within in two month .
So , please let me know is it legal .
what are the options I have ?
I requested them to make the bond amount to "prorate basis" and I'm serving the two months notice period as well ..
please do needful.
Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Hi Arun!
I understand that u are in a big fix.
Even if the bond was not on the stamp paper, and if you have signed it its leagally binding on u.
U will have 2 prove that no training was provided 2 u , if thatz the reason for u 2 quit.

I found that a Jenny asked same question in this forum 1 month ago.

Please use search box at the top of site to find this question.
Apart from that, you also ref more information at: Job training books

Prime Sponsor - "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2019 Cite.Co™