Saturday, March 13, 2010

Employees too have their way around!

Employee bonds are really a very important factors to consider before joining any organization. I am not going to write about their advantages and disadvantages which has already been discussed extensively by other participants. I will write about some unique ways in which some of my friends actually dealt with this situation. This friend of mine, after about a year of service (less then one year) in an IT organization got through a reputed MBA college in India. Now he had two options, either to pay back the bond amount and leave or "abscond" without taking any leaving certificate. Considering the fact that less then one year of work ex is as good as no work ex, he simple choose to leave the organization without telling anybody. He shifted to another state altogether. Later he got to know that many court notices had come at his previous address. He would also get threatening phone calls but slowly it all started decreasing. Finally after a year or so of his leaving the matter cooled down and nothing happened anymore. The truth is these companies also incur a lot of cost in tracking down these employees aa well as in the followup legal procedures. So at times they let things go.
At times it also depends on the HR manager. Another friend of mine said that his HR manager was quite an understanding fellow. So he could negotiate with him to reduce he contract fee citing higher education as the reason. Though everyone might not be as lucky as him, still its worth trying talking with the HR person.

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