One preventive in an employee - employers relationship while parting ways is the \'bond\'.Contracts are the main arguable issue between employee and employer relationship. The employer need to enforce commitment and the employees due to compulsion signs it. Once they get indulge into the agreements they decide to ignore the effects of the future.
Employee's side
Bond is the thing which binds that grasp an employees to a company. But this is not the only way to enforce loyalty for your employees. People grow at every stage of their life, from primary school to high school, from high school to college, from college to the university and then finally to the job. Through all this growth he move very smoothly, but once employees want to move ahead in the firm, they find bond,agreement,contract around them.
Some employment services contract are regular and can be completed at will. The employee need to serve the contract in role of the agreement. Many companies ask for frustrating bonds while recruiting a skilled work or spend on their training. These are the bonds which cannot be completed according to the will of the employees. But if an employees wish he can do it.
Every employer look for the improvement, including our organization for which we work. For the employees improvement and progressing is a sin. Lets see the example of marinda and fanta, the former wanted to retain its employees from joining coke. Pepsi wanted to use some terminated clause, which says that its employees cannot join any of its competitor companies for 12 months after they leave. Court has declared that every employees has the right to improve their job prospects.
The another way in which company binds their employees by giving them bank guarantees or holding some part of their salary when they go abroad for training. The employees cannot ignore the monetary impact when they break the bond.
Employer\'s side
It is justified for the companies when they binds their employees in bonds. It is very obvious because the company spend money on their hiring and training and it is very least amount expected by the company. The bond is most important than positive incentive like equity.
But bonds are also a form of insurance against ditching the clients especially when an employees goes abroad. When he accept it that means it is a good credibility and future business of the company. In case if there is any serious reason like illness or death of any family member than the company release that employees.