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what nonsense
by indiman on May 04, 2008 08:13 PM   Permalink | Hide replies

Why should anybody par 5 lakhs when they quit a job. These kind of rules where the common man is punished can only exist in India.

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  RE:what nonsense
by MOGAMBO peter pan reincarnated on May 04, 2008 09:24 PM   Permalink
I guess it is illegal to force someone to pay money if they choose to leave. This practice is like bonded labour which was declared illegal a long time ago. Isn't it??

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  RE:what nonsense
by Sandeep Bhat on May 05, 2008 03:11 AM   Permalink
I do not think any company would sign in a bond for 5 lacs just for a savings account canvasing job. Even for IT companies it is max 2 lacs but they provide technical training for that. I think the 5 lac bond is just a hype given in this article.

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