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Why the company is asking employees to sign a bond ?

Why the company is asking employees to sign a bond?

You have cleared all the levels of the interview in a company now at the HR round they ask for a bond which is around 2 years and most the companies have 2.5 years.

Have you wonder why all these companies are doing this bond with the employee.

You say yes because the employee does not leave the company early or when they learn so they may leave the company early which cost them training and resources.i.e is the reason the company is signing bonds by the employees that you think.

But if I say you are wrong?

Yes you heard right you are wrong for that reason company is not signing a bond from an employee.
The main reason is that the company knows that we are not that much good to provide the full facilities or we can take care of the employee that much.
Because most of the companies in India are only think of themself they don't care about the employee their main goal is to just earn money and facilitate themself they just invest Zero in their employee.
Basically, this type of company will ask you to sign a bond.
So as they know we will not provide the full facility to the employee so they make the strategy that how we can stop this employe because they know that we are a very cheap company and as soon as he joins the company he will know how this company is and after knowing the truth he/she will try to leave the company as soon as possible.
Because now he knows that this company is very cheap and they did not focus on an employee they just focus on then self.

I have worked in the company they mostly sign the bond with the fresher or an experienced employee is around 2.5 years.

The Bad things about that are as follow
  • We don't have good tea.
  • The employee has to go to get tea which was prepared by the CEO.
  • Yesterday if by mistake something has fallen on the floor it doesn't get cleaned, So there is no cleaning it's like you are working in the dirt.
  • They don't respect employees
  • They don't have any strong policies.
  • There are lots of drawbacks
This is the reason that some of the companies ask for a bond.
If you care for an employee then definitely why they go anywhere.



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