bonded

is it ok for companies to ask there employees to sign bonds or provide with a BG of a huge sum and a guarantee of period of employment? does this bring down the career search or career switch for potential employees seeing other good opportunities coming there way? does this act illegal as our...

hey , this is my personal experience, i attended an interview and while getting the offer letter i was informed that i am to sign a two year bond only this in the form of a bank guarantee of a huge sum. bond in any form is illegal in india and job seekers and managers like us should not leave...