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>indentured servitude. No, it's not. And, I wouldn't dismiss out of hand what can be "enforced by contract law". The contract itself represents the willingness
by unclebucknasty 11y ago
>indentured servitude.
No, it's not. And, I wouldn't dismiss out of hand what can be "enforced by contract law". The contract itself represents the willingness of two parties to adhere to certain terms. If a company pays you a million dollar signing bonus and asks you for a three year commitment, then you should expect them to demand that bonus back if you leave in two years for reasons not set forth by the terms. And, you should expect claims of "indentured servitude" to fall on deaf ears in court. You can leave. You just can't keep the money.
Similarly, companies wouldn't enforce that the person continue to work for them; simply that they must repay their training costs if they don't.
This is currently done by some companies, for instance, with MBA sponsorships. They're sometimes called "loyalty contracts".
- cmdrfred 11y agoThis will be abused. Mcdonald's will say that it's 'training' cost 10 grand and keep people on low wages without any recourse for the entire term of the contact. Rinse, repeat.
- unclebucknasty 11y agoThat's specious and unrealistic. Nobody's buying that it costs $10K to train on fries or any other low-skilled position. These would be voluntary programs for skilled jobs that require training. No one would be obligated to sign up, and no one would voluntarily do so without obvious benefit.