Bond- Agreement. Is It Legal In India?

  • Created Date03 Mrz, 2018
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There is Lot of Attrition BPO Domains, people are leving the organisation within six monts. There can be so many resons of this. So BPO Industries and other service Industries facing so may challegea about this attrions.

I want to know about Bond- Agreement. Is this legal in India?. Can we sign Employment bond from employee at the time of their Joning.  This can be reduce the attrition of our company.

Please send me bond format if you have or guide me on this concern.

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One sided bond do not stand the scrutiny of law. However there are two sided bonds which can be used. Further details a post can be made.