PSU's asking employee to sign 3yrs bond is it done or not ?

neerajchauhan

Neeraj K Chauhan
Earlier, these firms mandated only new recruits to work for at least 2 - 3 years, failing which they had to compensate the company according to the service agreement.

Private firms often poach employees from their public sector counterparts for quality manpower. After the implementation of Sixth Pay Commission recommendations, the differential between the salaries of state-owned companies and those of the private sector has come down but it still remains significant.

But making someone a bonded labor is somewhat illegal and one can't force people to work in a company even if the employee is not interested at all. So, what do you think people.

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