Bond Signing and demanding a cheque equals 2 months salary - join?

One of my friend has recently been selected as junior software trainee in a small IT company in Noida. But the company is demanding a cheque equals to his 2 months salary at the time of joining that is refundable after the bond time that is after 1 year. Should he join or not? He is not able to take a decision. The company is registered company. Please help
10th August 2017 From Australia, undefined

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manojkamble

377

Dear Pallavi,
This decision is being taken by most of the companies now days to avoid high attrition within span of 1 year. If the company and offer is good and your friend has ability to pay along with stability to work for 1 year duration then he can surely join the organisation.
10th August 2017

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Bond Signing and demanding a cheque equals 2 months salary - join?

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