Hello,
I want to know that my company is in serious trouble bcoz the senior employees are resigning from the company. So we decided to sign an employment bond with the employees after completing 6 months of continuous service with us and this bond is not compulsory for all employees, actually we will give them an offer, if they want to continue with us then they can sign it or visa versa and the one who will accept the employment bond get more benefits like % hike in salary or other benefits. Can anyone help myself to prepare this type of bond and tell me whether it is applicable or not, what are the cons associated with it.
I want to know that my company is in serious trouble bcoz the senior employees are resigning from the company. So we decided to sign an employment bond with the employees after completing 6 months of continuous service with us and this bond is not compulsory for all employees, actually we will give them an offer, if they want to continue with us then they can sign it or visa versa and the one who will accept the employment bond get more benefits like % hike in salary or other benefits. Can anyone help myself to prepare this type of bond and tell me whether it is applicable or not, what are the cons associated with it.