Is It Safe to Join a Company That Demands a Cheque Equal to 2 Months' Salary?

One of my friends has recently been selected as a junior software trainee in a small IT company in Noida. However, the company is demanding a cheque equal to his 2 months' salary at the time of joining, which is refundable after the bond period of 1 year. He is unsure whether he should join or not. The company is a registered company. Please help.

Dear Pallavi,

This decision is being taken by most of the companies nowadays to avoid high attrition within a span of 1 year. If the company and offer are good, and your friend has the ability to pay along with the stability to work for a 1-year duration, then he can surely join the organization.