Provide training but bond for 2 years! / myLot

Did you bond or sign contract with your company? - Many company will want their employee to bond with them when they employed them. This is to make sure that the company profits are always being protected. Some company provide you with training and need to sign a contract to bond you with the company for years. Is that fare to the employee, the company pay the small amount of fee for the training, but they want you to bond with them for years, is that fare?

Malaysia

October 29, 2010 5:18am CST

My company have plan to send me to oversea main branch for training. The story was way back a few months ago and they are discussing about the arrangement for months, because of not enough man power and no suitable person to cover my works. And finally, everything have decided and arranged with the air ticket booked, accommodation booked, transportation booked and the schedule have been made. Something happen yesterday, my boss told me that if I were to go to oversea main branch for training, I have to bond with the company for 2 years! If I were to leave the company within the 2 years I have to pay back the money spent on me during the training. I immediately refused the offer without thinking twice. I hate it when the company tried to tight us with contract, especially when it is last minute. If the company is sincere enough and want us to learn more and make improvement to the company, why should we to be bond with company? And if they told me earlier, the company may not need to lost some money on the air ticket, accommodation and transportation.

1 person likes this

3 responses

ram_cv

@ram_cv (16513)

• India

30 Oct 10

I think this is becoming a trend with companies. In my company as well they introduced a couple of trainings and felt that the cost involved is high, so they have introduced a two year bond for those who undergo this training. Not sure whether it is a healthy trend, but I look at it more from the fact that the company wants to protect it's investments. Cheers! Ram

yspmyl

@yspmyl (3435)

• Malaysia

1 Nov 10

Yeah! I think it is kind of trend for the company to protect their profits or investment. I do not like it when a company are talking about contract. That mean the company probably do not have a very good benefits for their employee, that is why they need to make agreement between them so that their employee will not leave the company after they have provided such a training.

1 person likes this

ram_cv

@ram_cv (16513)

• India

1 Nov 10

Actually I have seen quite a few people have declined to attend these trainings due to such a bond!! Cheers! Ram

bond

Patsie Hatley is Deceased

@Hatley (163772)

• Garden Grove, California

31 Oct 10

hi yspmyl that is just to protect themselves against people making them go t o all that trouble to train themthen deciding nO I do not want to do this and wasting their time and money in training ,I can understand a company doing this as they want to train people they can trust and feel secure about; two years is not that long a time really. Here in the US with the jobless rate so high I imagine a lot of p eople who need work would leap at a chance to b e trained all expenses paid and agree readily to sign a bond. Look you need work why not take advantage of free training.You should agree to bond if you feel that you want this free training as they are just protecting themsrelves knowing young people now days really are not all that reliable.

that of course is just my own opinion from years of wisdom.

devijay78

@devijay78 (1573)

• India

29 Oct 10

It depends on each person yspmyl. I know of people who have signed bonds and are working at the companies even after their bond expired. It is just that if the companies, after spending so much for your training, end up loosing you to another competitor, then isn't it a huge loss for them? But I personally did not like the idea of a bond for two years in one company I got selected. So I decided not to join. It is because 1. It was a different city and 2. I would have gotten married in about a year's time and would have to relocate. But in your case, as it was told in the last minute, I think that was not good on the company's part to declare it in the end. I guess they would have thought that you would agree if asked in the last moment. That was a very dirty thing to do

and they should have given you atleast some time to re think, not dump this on you.

bad company tactics

yspmyl

@yspmyl (3435)

• Malaysia

30 Oct 10

Yes, you are right that company will probably make sure that the money spend on me for training are worth it. I think the boss also realized that he was wrong because of the last minute inform. He dare not come to tell me himself but asked someone to told me that the training was canceled. It is still not too bad since he told me before the trip and not ask me to sign the contract after I finished the training.