Recuriting Employees Using Bond,

Uma_lax
Hi Friends,
I am Working in an International call center. since we have attration problem we are planing to take employees to sign a Bond for one year. We started recutiting and we got employees also. Now i need a format of offer letter for this situation. Kindly help me. Its very urgent.
Regards,
uma
senzkumar
Hi Uma,
In today's dynamic world although you make the new hire or existing employee to sign a bond (just a paper), its difficult to hold the resource... it wont stop the attrition.
However this option should work if at all the employees accepts to sign the bond and submit the all their original educational and experience documents until the bond expires, in spite of just signing the paper. But again employees might leave if you start implementing this rule.
~Sanjay
venky108
Dear Uma
Good day!
This bond clause can be incorporated with the appointment letter itself stating that they would serve the company for ..... years and all expenditure for visa and foreign travel are to be reimbursed if they have been deputed outside the country.
But the main problem is enforcing the bond is difficult since legal fees are high and by the time you recover you lose the legal fee.
Better to check the aptitude of employees before recruitment and make them understand the seriousness. Check with the corporate legal adviser.
Are u from chennai?
cheers
venkat
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