I signed a joining agreement with the organization. However, after discussing the company culture and environment with 2-3 existing employees on Indeed, I learned that it is reportedly horrible there. I have received a new offer and do not wish to join this organization. What steps should I take to avoid joining without incurring a penalty?
Agreement Terms
In the event of failure/violation on the part of the Prospective Employee to join the Firm on or before the Committed Date, the Prospective Employee shall be liable to pay an amount equivalent to one month's offered salary or Rs. 100,000 (Rupees One Lac Only), whichever is higher.
In addition to the right of the Firm to be indemnified, the Prospective Employee shall be liable to pay all the damages, consequential or otherwise, arising as a result of the breach of this Undertaking. In any event, the liability of the Firm shall be limited to compensation for direct damages and to a maximum of Rs. 10,000 (Ten thousand Rupees), whereby a sequence of events shall be regarded as one event.
This deed shall be governed by the laws of India, and the courts of Ahmedabad, Gujarat shall have exclusive jurisdiction.
Any and all disputes, claims, or differences arising out of or in connection with this Undertaking and/or the performance of this Undertaking shall be settled by arbitration by a sole arbitrator, in the courts of Ahmedabad, Gujarat.
From India, Mumbai
Agreement Terms
In the event of failure/violation on the part of the Prospective Employee to join the Firm on or before the Committed Date, the Prospective Employee shall be liable to pay an amount equivalent to one month's offered salary or Rs. 100,000 (Rupees One Lac Only), whichever is higher.
In addition to the right of the Firm to be indemnified, the Prospective Employee shall be liable to pay all the damages, consequential or otherwise, arising as a result of the breach of this Undertaking. In any event, the liability of the Firm shall be limited to compensation for direct damages and to a maximum of Rs. 10,000 (Ten thousand Rupees), whereby a sequence of events shall be regarded as one event.
This deed shall be governed by the laws of India, and the courts of Ahmedabad, Gujarat shall have exclusive jurisdiction.
Any and all disputes, claims, or differences arising out of or in connection with this Undertaking and/or the performance of this Undertaking shall be settled by arbitration by a sole arbitrator, in the courts of Ahmedabad, Gujarat.
From India, Mumbai
Research Before Changing Jobs
When changing jobs, you need to do your homework before you go for an interview and most certainly before you ever sign one single piece of paper. Never sign anything until you are 110% certain everything is going to be okay.
You need to know as much about the company and your prospective new employers in as much detail as you can find. Try to talk to existing employees, and search the internet to find any information you can.
It is not just a matter of finding a job you want to do; it's also about finding an organization you want to work for, and one that has the environment and culture that meet your requirements.
From Australia, Melbourne
When changing jobs, you need to do your homework before you go for an interview and most certainly before you ever sign one single piece of paper. Never sign anything until you are 110% certain everything is going to be okay.
You need to know as much about the company and your prospective new employers in as much detail as you can find. Try to talk to existing employees, and search the internet to find any information you can.
It is not just a matter of finding a job you want to do; it's also about finding an organization you want to work for, and one that has the environment and culture that meet your requirements.
From Australia, Melbourne
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