What is employment Bond agreement - Need Sample

  • Created Date18 Feb, 2018
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What is employment bond, Is this legal in India?

Our Operation head is asking for the employment bond of all employee, because there is huge attrition on the shop floor, now they want legal employment bond so that attrition can be reduced.

Please provide me Bond sample and suggest, if it is legal in India.

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Neha

Employment Bond is not legal: infect bond is not appropriate word for an employment. Employment Bond means some special rights for employer protection and employee’s harassment. Yes, there should be employee jobs and responsibilities and proper employee policy in every company. Appointment letter itself mutual and legal agreement between employer and employee.