My employer company wants me to sign a bond for 1 year,?

Question

should i sign it ? I AM Joining as a trainee here

Help me decide plz !!!!!!

Quickly

Answer 1

In most cases it is to protect the employer from you telling their secrets. However it could also be, they want to make sure that you won't quit after 3 months. Ask the employer what exactly is this bond for.
There have also been the cases where someone worked for an employer and the person came up with an invention. The employer had the rights to the invention because the employee signed a bond with the company. The company made millions, the employee made 8.00 per hour and never seen any royalties from his invention.
So be careful what you sign. Make sure that you are not going to be loosing your future. Sign if it makes you feel right.
Ask the following questions:
1) If I sign this bond, am I signing away my rights to any invention I should come up with at home.
2) What exactly is this bond for.

Answer 2

hi So bonds are contracts of a particular type. yet like numerous different contracts they're very a lot breakable. once you signed your artwork bond optimistically you examine it actual. inspite of in case you probably did not, do it now. verify what the modalities are off breaking teh bond. This, by technique of how, isn't bonded labour. it may be in case you weren't getting paid on your artwork. in any case, examine your bond. let us know what the words are and could imagine about the suited way of going about this. There are 2 options this may bypass a million] The conpany you artwork with has no longer dishonoured any commitments they made to you in letter (inspite of in the adventure that they did dishonour it in spirit). wherein case you opt to forfeit an element (an element, truthfully no longer all) of what you earned off them (which might want to be fantastic if you have become awesome can provide). 2] the organization has dishonoured a number of its commitments in letter and spirit. awesome. tell your boss you provide up and in the adventure that they kick up a fuss you'll drag them to labour court and make a large fuss. no matter if it truly is a wise comapny, they are going to allow you to bypass. and in the adventure that they are an excellent smarter organization, they are going to provide you a lift and verify out to make you stay. :D best of luck.

Answer 3

This isn't a problem.
If you are handling a lot of money or very secure info, it just means you will be insured if you rip them off.
The company's insurance company probably requires it.

I had to sign one once, it's no big deal.

Answer 4

DONT SIGN ANY CONTRACTS BEACUSE BONDED LABOUR
IS ILLEGAL!!!