Need Help- Employment Bond
Hello all, I had to sign a 2 year bond before joining a well known IT firm of Rs. 1Lakh as a fresher. I completed my 1years and 4 months of experience and will be serving a 3 month notice period by buying out( 1month of actual serve, 1month of Leaves, 1 month of Basic pay payment). I had to resign as my company dosent have policy of Educational leave and I need to pursue my higher education. The company is ready to leave me only if I pay my bond amount of Rs. 1 Lakh. I will complete 1.7 years after my notice period then why I have to pay 1 Lakh for such a small duration? also, I have recieved Highest appraisal and recieved 2 Value awards for my performance in the organisation. I requested them to consider my Performance and duration and negotiate the amount but they are denying this and saying we cannot cosider performance for negotiations. What should I do? I need experience letter. The employer has blocked my 1 month salary for FNF settlement. Please suggest Need Immediate help! Thanks.
Hello all, I had to sign a 2 year bond before joining a well known IT firm of Rs. 1Lakh as a fresher. I completed my 1years and 4 months of experience and will be serving a 3 month notice period by buying out( 1month of actual serve, 1month of Leaves, 1 month of Basic pay payment). I had to resign as my company dosent have policy of Educational leave and I need to pursue my higher education. The company is ready to leave me only if I pay my bond amount of Rs. 1 Lakh. I will complete 1.7 years after my notice period then why I have to pay 1 Lakh for such a small duration? also, I have recieved Highest appraisal and recieved 2 Value awards for my performance in the organisation. I requested them to consider my Performance and duration and negotiate the amount but they are denying this and saying we cannot cosider performance for negotiations. What should I do? I need experience letter. The employer has blocked my 1 month salary for FNF settlement. Please suggest Need Immediate help! Thanks.