4 ms·
How do they get them to pay a years worth of salary if they quit? I doubt this ever happens. Though I don't doubt fresh grads believing them and sticking it out
by Sven7 12y ago
How do they get them to pay a years worth of salary if they quit? I doubt this ever happens. Though I don't doubt fresh grads believing them and sticking it out.
- ameen 12y agoHa, this isn't even as severe as what goes on. Some companies ask to pay upto 75% of their annual salary as a security deposit (refundable on quitting with some T&C).
- usbreply 12y agoTypically the employee's father (or some similarly close relative) will sign a legal agreement with the employer promising to pay back the employee's wages if the employee disappears. (Legally I believe this is similar to a guarantor for a bank loan.) Though this probably won't stand up in court, most employees wouldn't risk putting their own father through the trouble of finding out.
- judk 12y agoThat's a fascinating example of how capitalism exploits a broken traditional culture.
- infinite8s 12y agoWhy is that a "broken traditional culture"?