You have not mentioned the type of bond you have told to sign. If it\'s a contract between employee/employer with a certain period of probation- that\'s fine. But if any employer tells you to sign a bond & ask for money or certificates as collateral then alarm bells should ring.
Secondly, if the company isn\'t paying you what you have demanded but are asked you to sign a bond- ask yourself: Don\'t you have any other options? If you plan to join any company for the short-term then jump at a better opportunity then don\'t sign any bond whatsoever. While the employer may not be able to successfully pursue any legal action - they can use any document you signed on their premises to bully you in future.
Think very carefully before signing any document with any employer.
From India, Chennai
Secondly, if the company isn\'t paying you what you have demanded but are asked you to sign a bond- ask yourself: Don\'t you have any other options? If you plan to join any company for the short-term then jump at a better opportunity then don\'t sign any bond whatsoever. While the employer may not be able to successfully pursue any legal action - they can use any document you signed on their premises to bully you in future.
Think very carefully before signing any document with any employer.
From India, Chennai
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Bond of Employment.doc
Bond in employment.pdf