LCP wrote:Good day Sir!
I am currently employed in a company that entitles me to be with them at least for
5 mos that entitles me to pay 50,000 if i resign within that period.But after 2 mos they have asked of me again to sign another contract which will extend my so called bond for a year.Due to unfortunate events to my family,i am currently in the process of resigning from the company.
I would just like to ask if i would still have to pay anything if ever i get terminated?Or is it okay for me to leave adn ask for considerations from the company?
Thanks!
Hi,
Seems like your question is on the wrong thread, but let's see if I can help you out.
If you signed the 2nd contract which extended your bond, I advise you to check it.
If it says that you will be obligated to pay a certain amount, then I'm afraid you would probably be held liable for that amount when you leave. The contract is the law between the parties, and since you agreed to it, you're bound to its terms under the law.
As for your second question, I advise you to ask for a reconsideration BEFORE you leave. You're in a better bargaining position while you're still in the company. Besides, if your reasons for leaving are really beyond your control, you could present your case to your company and there may be a chance for them to make an exception for you. Nothing to lose if you ask.
On the other hand, if you leave the company first THEN ask for a reconsideration, I feel that this lessens your chances of getting a break. Remember, you're no longer a part of the company at that point, and they are not obligated to help out people no longer connected to them.
Hope this helps.