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 1 Year Bond COntracts, any experience?

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TSTMTANWHACKY
post Jun 16 2006, 09:49 PM, updated 20y ago

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any advise on tat?
mynewuser
post Jun 16 2006, 09:56 PM

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What advise you want?
kb2005
post Jun 16 2006, 10:09 PM

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QUOTE(mynewuser @ Jun 16 2006, 09:56 PM)
What advise you want?
*
I think he/she is undecided to be bonded by the company if he/she is accepting certain task like traning in US for a year biggrin.gif
cjtune
post Jun 16 2006, 10:31 PM

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Is the training guaranteed?

My last company bonded me for 2 years for a supposed training that never materialised. Not only that, in the terms of the contract, I am not supposed to work in the same industry for another two years. But I understand from friends that the very clause of restricting your employment after the end of the contract is illegal and voided the bond in the first place....

Yes, it was a cinapek/chinaman company.

But 1 year is pretty short. Make sure you're not bonded during the probation period. At least the first 3 months you should be able to quit and leave with no strings attached if you don't like it there -unless you want to stomach the remaining 9 months.
kb2005
post Jun 16 2006, 10:54 PM

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QUOTE(cjtune @ Jun 16 2006, 10:31 PM)
Is the training guaranteed?

My last company bonded me for 2 years for a supposed training that never materialised. Not only that, in the terms of the contract, I am not supposed to work in the same industry for another two years. But I understand from friends that the very clause of restricting your employment after the end of the contract is illegal and voided the bond in the first place....

Yes, it was a cinapek/chinaman company.

But 1 year is pretty short. Make sure you're not bonded during the probation period. At least the first 3 months you should be able to quit and leave with no strings attached if you don't like it there -unless you want to stomach the remaining 9 months.
*
Wah! Your company like that one arr! Why don't you bring this to the court ?
cjtune
post Jun 16 2006, 11:03 PM

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QUOTE(kb2005 @ Jun 16 2006, 10:54 PM)
Wah! Your company like that one arr! Why don't you bring this to the court ?
*
Not worth my time and money and besides, the management did treat me quite nicely. They may be stingy and short-sighted but I must admit that they were nice people overall. Or maybe it's because all sales people are like that.

One colleague did break his bond and left. They never did pursue him legally. Probably also not worth their time and money on legal fees or more probably because the bond contract was never valid in the first place.

TSTMTANWHACKY
post Jun 17 2006, 09:01 AM

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so wat happens if u actualy leave? n do they realy provide u wif a probation period? n do we den be considered as contract workers whereby we dun get any benefits?
Suet
post Jun 17 2006, 09:58 AM

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Yes probation period is immiment. Thing is, some companies do take legal action if you decide to break the contract agreement. Before that, if you aren't happy with the company, your bf/gf and friends gotta put up with your whining for a year.

My advice, if it's worth it, i.e salary reasonably good from a high profile company, you can take it. And cross fingers, hope for teh very best. wink.gif
siowgirl
post Jun 17 2006, 12:13 PM

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am currently in a 1 year contract with an outsourcing company. only thing stated of importance is cant leave within tht period. otherwise, need to payback the company the money of the remaining period.
paint9
post Jun 17 2006, 09:33 PM

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hrm,,,,why hv bonded contracrt? is it bcoz of they provide training to you ?
strongbaby
post Jun 17 2006, 09:40 PM

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Bond Contract.

You work under the company policy and guidelines.

you are required to work under them after training provided or whatever sponsorship
is funded to you.

you are not allowed to resign or leave during the bonded period.


IF

the contract T&C from your company break one of the rules or does not fulfill
or does not honour, you can voice it up through proper channel.
cjtune
post Jun 18 2006, 12:43 PM

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QUOTE(paint9 @ Jun 17 2006, 09:33 PM)
hrm,,,,why hv bonded contracrt? is it bcoz of they provide training to you ?
*
No. Just afraid you'll run away and they'll have to go through a lot of hassle finding your replacement. Training or not, all companies will have to invest time and patience into bringing up a newbie up to speed -can be anywhere from just 2-3 months to a whole year to be simply competent in what you're supposed to do. For most companies, the bulk of the training is simply baptism by fire. Learn to swim or sink.

But then again, if one is not happy working somewhere, why force him to stay? Disgruntled employees definitely cannot perform any where as good as a simply contented worker.

For the bigger companies, like of the Japanese MNCs some of my friends work for, they get sent to Japan for like a few months or even a couple of years attachment with the Japan-side operations, and if you agree to go on such an attachment, they'll ask you to sign an agreement of bond for a few years, effective after your attachment is over. But only upon confirmation that you'll definitely be sent for that attachment/training, not up-front upon your hire.

TSTMTANWHACKY
post Jun 19 2006, 09:25 AM

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siowgirl, can u pm me ur company? jus in case we r talkin abt the same company? n so do i get tis probation period whereby i can quit during this period if the job's not suitable?
Dothan
post Jun 19 2006, 09:28 AM

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Currently I am in bond for 3 years afer being sent to Europe for 7 months yet the local ppl sucks tongue.gif
paint9
post Jun 28 2006, 02:28 AM

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dear cjtune, the japanese MNC company u mentioned is it at kuala Lumpur ?
Ritz Crackers
post Jun 29 2006, 09:51 PM

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QUOTE(cjtune @ Jun 16 2006, 10:31 PM)
Is the training guaranteed?

My last company bonded me for 2 years for a supposed training that never materialised. Not only that, in the terms of the contract, I am not supposed to work in the same industry for another two years. But I understand from friends that the very clause of restricting your employment after the end of the contract is illegal and voided the bond in the first place....

*
Correction... the clause is a Restrain of Trade and is illegal in Malaysia... however, it alone is void. The clause won't void the entire employment contract or any part of the contract

 

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