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Re: India. It’s very common. Large IT firms like Tech Mahindra, Cognizant etc do it. I had offers from a company where they wanted around 1 year salary of signe
by ishansharma 5y ago
Re: India. It’s very common. Large IT firms like Tech Mahindra, Cognizant etc do it. I had offers from a company where they wanted around 1 year salary of signed check. If I leave before 2 years, they use the check.
Some companies go a step ahead and keep your original documents (Degree certificate etc) so you can’t apply elsewhere after accepting offer. It’s ridiculous.
- AstralStorm 5y agoAnd probably should be illegal. For one, a notarized version is supposed to have the same weight as original. Unless this is mentioned in the contract, they cannot legally hold your personal belongings either.