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Showing posts from December, 2014

IT Employees:Basic Understanding Of Labour Law!

IT Sector around 8-9% contribution to Indian GDP and holding around 2 million young minds,a stabilizing industry. In Stabilizing phase,Corporate always take decision to lay off employees and implement anti-labour policy for profit maximization. During 2008 recession, more than thousand technocrats committed suicide according to national crime record. 1 in every 20 IT professionals contemplates suicide. Over 30% of IT Professions addicted to Narcotic drugs. Too avoid such situation in lay off phase, Employee should know basic knowledge in protective labour laws.It's always better to fight back for your right's  rather than losing life.

Is Service Bond Valid?

According to Indian Law, Service Bond is illegal. Bonded labour not only illegal but punishable by Indian law. Indian court even ruled out orders that service bond illegal and against fundamental rights. No Company can threaten a employee with service bond for ransom or work. A service bond  can hold legal only under the …