Hi,
I signed the offer with my current employer that I have to pay a certain amount of monthly salary if I resign before 1 year. I wonder this is legal and I have to pay in order to leave that company?
Bond period and penalty
Mr_Mister
02 July 2019 00:43:29
15
beppi
02 July 2019 10:43:36
14818
You signed the contract and thus agreed to its terms.
Why should that not be valid?
Mr_Mister
02 July 2019 10:47:44
15
Have you get experience on this situation? Or any friend of you has?
beppi
02 July 2019 11:24:27
14818
No first hand experience, but I knew people who had such a clause in their contracts.
Why?
Mr_Mister
02 July 2019 11:27:11
15
And they have to pay in order to leave?
avinashjha
02 July 2019 13:07:54
85
Mr_Mister wrote:And they have to pay in order to leave?
If the employer asks you to pay you have no choice other than paying as you signed the contract. Even MoM won't do anything in this regard. The FAQ section of EP on MoM website states - Employer and Employee should themselves amicably settle contract matters.
beppi
02 July 2019 13:17:52
14818
Mr_Mister wrote:And they have to pay in order to leave?
Of course.
If you don't agree to such clauses, don't sign the contract!
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