I plan to join, and the loan says I have to pay a certain amount of money if I leave within a set period of time. So, if I leave within this period, do I really have to pay the loan? Kabir K*, a senior director of an IT company, honors at least 100 first-year students in his business unit each year. At the end of two years, i.e. the commitment period for first-year students, an average of 10 to 15% resign or, in the terms of management, “ephemeral”. A few years ago, that figure averaged 1 percent, Kabir said. 1. Why did you resign within the borrowing period? We must fill in our name with the full initial in the srvice agreement? Example: Just like ch.lakshmi, we need to extend the ch here It depends on your contract with the company at the time of your appointment letter or service contract. If your company has obtained your written consent not to leave the company within 6 years of membership, you are required to comply with the signed deadline and, in addition, you have the right to file a complaint against you. Every year, thousands of IT companies enter the country and, with the exception of Cognizant, others, such as TCS, Infosys, HCL Tech and Wipro, write at least one year of employee engagement. An offence would cause candidates to cough between Rs 50,000 and Rs 2 Lakh, depending on how fast they go. However, if you leave the company before the end of your commitment period, you will not receive your certificate of experience.
If you want one, HR insists that you pay the amount of the loan. In their defense, Karanth said companies invest heavily in training employees for the sole purpose of leaving them in the first six months. While it usually takes one or two years for a company to get a return on its investments when an employee leaves within the commitment period. 1) No, they cannot be filed so late against you, as we have the time limit provided by the Statute of Limitations to file the case in court. Must also read your agreement with TCS, which was written there. “This type of leak is too much to deal with and so companies are pushing first-year students to sign a loan,” Karanth added. Maybe the arbitration clause has been inserted into your agreement. If so, then you really need a lawyer/arbitrator to negotiate them. You can also negotiate with them, but before using this arbitration clause, you need to know the arbitrator who will initiate the proceedings. But I can only imagine what is written in your agreement.
I don`t want to quote the IT company, so can anyone give me details about the big IT service companies? I will be really grateful. According to Ajay Shah, head of recruitment at human resources firm Teamlease Services, the number of refugees, IT companies that make employee engagement mandatory, has dropped by 30 percent. I have heard that such obligations are illegal in India and that companies cannot force us to sign one. It`s true? “Absconders,” as the word suggests, refers to those who stop before the expiration of their commitment period and endless exit processes. Staff ties are a standard in the information technology sector and are generally between one and two years. In recent years, the number of absconders has increased. Can you provide your service contract? TCS is excluded by the limitation to claims of any amount in case of breach of the service contract. I left the company right after they put me in the US after H-1B. There are many possible answers. Politically correct: you must terminate 2 weeks or 4 weeks in advance and pay any deposit or visa fees….