Employer Changes Hike After Signing Bond- Please Guide

Hello every one.I am a software developer who is new to software field.I have a bond of 3 years and my salary is very low.The HR person while recruiting told us that we will have salary hike after 6 months.I have completed 6 months here but now they are saying that we will give hike after 1 year only.My college seniors are asking me to switch the job.Please help me

Have you got full time training there or has company spent on you for training? If not ...then resign and go....legally they cant do anything. They may create problems in giving you experience letter etc. But 7sSuch type of bonds will not stand the legal scrutiny.
regards,
Kamal

I have completed my training.I have a certificate bond.I have submitted my certificates while joining.If i want them back then i have to pay 90 thousand rupees.

Dear Sonam,
I would suggest you that you should continue ith your bond period. nce your bond period expires, the i would suggest you to change your job. This step / action will avoid further disciplinary actions / lgal actions against you...
If you leave your organization before your bond period finishes, there are chances that the company might take action against you. Also you will have to pay the liquidity damage mentioned in your bond....
The best way to avoid it is to stay back, wait for your bond period to get over and then change....till then you will have to compromise with the culture and processes of your company.....

Sonam,
weigh the pros & cons. Bond amt of 90k is huge. Your original certificates are with them. Suppose you are getting new offer with considerable pay hike which you can cover within a year equivalent to 90k over and above your current CTC, you can take a risk of paying back bond amt. Otherwise follow as said by Ankit.
pon

I have heard that if you go for another job then the interviewer will first look into your current CTC and then decide your package.If so then I have a very package and if I produce it during interview then I will not get that much package to compensate my 90k.Also I dont think 6 months or 1 year is considered as experience in IT field

Sonam,
Don't scare of the bond. First Be cool. Go through your bond in detail of each and every condition in it. Then you shall get some idea about it. if possible kindly, share all the terms and conditions of the bond so that any one in this forum can suggest something. If your bond is really unbreakable, then you can see how your seniors left the company who already was on the same bond.
Make sure, you are not leaving the company just because your seniors suggested or because you signed on a bond. See dear, there is saying "What happens, happens for the best". Try to understand why you want leave rather how to leave. Finally, answer if you hadn't signed on the bond and kept the certificates, would have you left the company?
If you still think to leave the company is right, share your bond terms & conditions, possible, shall see how best I can help.
Good Luck...!!
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Vishwanath
Hyderabad

I saw what others are saying. I am sure you have tried your ways.
The solution lies with you, how you do it. There are always ways to get out of trouble and well its a good procedure too ... SAMA, DAMA, DAND, BHED. (Its in Hindi).
Try new way and you will get through it. Saying it with experience.
Best of luck.
Sushil

Hello divya_gopakumar,

First of all, I suggest this: don't give undue importance to 'peer pressure'--your friends. It's very easy to say--switch the job', but would your friends do it IN YOUR POSITION? And if something goes wrong, will these same friends come to your rescue? Not one I bet. Like the saying goes: there's nothing that's ABSOLUTELY FREE of cost, except advice.

Coming to your Bond problem. I think you have your focus on the WRONG aspects AT THIS POINT OF TIME in your career.

You have ONLY 6 months exp. In IT industry, as you yourself realize, any exp under 20-24 months isn't counted very highly. For all you know, you might get another Offer as a Fresher, with your current level of exp. This is time for you to GATHER exp.

You also haven't mentioned if you like the job & it's contents--how technically challenging is it? IF YOU ARE SATISFIED with these aspects, JUST STAY PUT--learn & grow within the available situation. Take my word: Money will follow, once you enrich yourself technically--whether it's from this company or another. No one will like to loose a technically competent person.

All the Best.

Rgds,

TS

Thank you all.I have some financial problem and it is difficult for me to survive with this low salary.So I was thinking to switch the job.As far as concern with my job,I am totally satisfied.My team members are very supportive.My PL and PM both are very nice persons.I have got a good working environment over here.No dirty IT politics in my project team.But I am talking about my project only.Other projects are not like that.Any way I am looking for some alternate solution to my problem rather than switching job.I just wanted to have advice from you all.Once again Thank you all.