Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password




You are not connected. Please login or register

Employment Bond - Signed Contract

View previous topic View next topic Go down  Message [Page 1 of 1]

1 Employment Bond - Signed Contract on Sat Mar 01, 2014 4:56 am

virgo


Arresto Menor
Hi Sirs,

I have signed a contract that I'll be starting to work in this company, it was stated there that I have to pay 20k if I resign before my anniversary and 10k after. This will be freed up when I reach my 2nd year.

The reason of the bond  is the client will train me, I guess it's just a knowledge transfer not a formal training.

My question is, if I decide to accept another Job Offer from another company, will I still pay the bond even if I haven't started to work with them.

Please advise.


Thank you so much!

View user profile

2 Re: Employment Bond - Signed Contract on Sat Mar 01, 2014 5:41 pm

council


Reclusion Perpetua
virgo wrote:Hi Sirs,

I have signed a contract that I'll be starting to work in this company, it was stated there that I have to pay 20k if I resign before my anniversary and 10k after. This will be freed up when I reach my 2nd year.

The reason of the bond  is the client will train me, I guess it's just a knowledge transfer not a formal training.

My question is, if I decide to accept another Job Offer from another company, will I still pay the bond even if I haven't started to work with them.

Please advise.


Thank you so much!

Knowledge transfer or whatever you call it - it's still training.

Yes you may still be liable.

Civil Code:

Art. 1315. Contracts are perfected by mere consent, and from that moment the parties are bound not only to the fulfillment of what has been expressly stipulated but also to all the consequences which, according to their nature, may be in keeping with good faith, usage and law.

View user profile http://www.councilviews.com

3 Re: Employment Bond - Signed Contract on Sat Mar 01, 2014 7:45 pm

evilo


Arresto Menor
Hi Sir,

I have signed a contract this December 21, 2013 it stated to my contract that for 3years i will be their employee and if i ever i resign i will pay the amount of 500,000. I just want to ask if i resign will the company sue me to the court or will i go to jail? Does we have law like this or rules?


Thank You
Gemini

View user profile

4 Re: Employment Bond - Signed Contract on Sun Mar 02, 2014 12:55 am

virgo


Arresto Menor
council wrote:
virgo wrote:Hi Sirs,

I have signed a contract that I'll be starting to work in this company, it was stated there that I have to pay 20k if I resign before my anniversary and 10k after. This will be freed up when I reach my 2nd year.

The reason of the bond  is the client will train me, I guess it's just a knowledge transfer not a formal training.

My question is, if I decide to accept another Job Offer from another company, will I still pay the bond even if I haven't started to work with them.

Please advise.


Thank you so much!

Knowledge transfer or whatever you call it - it's still training.

Yes you may still be liable.

Civil Code:

Art. 1315. Contracts are perfected by mere consent, and from that moment the parties are bound not only to the fulfillment of what has been expressly stipulated but also to all the consequences which, according to their nature, may be in keeping with good faith, usage and law.

Hi Sir thanks for the reply, pero pede pa rin ba akong liable kapag nag sign lang ako ng contract pero di pa ako nagsimulang magtrabaho dun kasi I'm considering another company, salamat po:)

View user profile

5 Re: Employment Bond - Signed Contract on Sun Mar 02, 2014 3:21 pm

council


Reclusion Perpetua
virgo wrote:Hi Sir thanks for the reply, pero pede pa rin ba akong liable kapag nag sign lang ako ng contract pero di pa ako nagsimulang magtrabaho dun kasi I'm considering another company, salamat po:)

As I quoted the civil code earlier - you are liable to comply with the contract once you sign it.

Art. 1315. Contracts are perfected by mere consent, and from that moment the parties are bound not only to the fulfillment of what has been expressly stipulated but also to all the consequences which, according to their nature, may be in keeping with good faith, usage and law.

Sa simula ng pag payag mo sa kontrata (pag-pirma) pareho kayong may pananagutan na tapusin ang kung anumang nakasaad, kasama din ang kung anuman ang kalalabasan.

View user profile http://www.councilviews.com

6 Re: Employment Bond - Signed Contract on Sun Mar 02, 2014 11:45 pm

virgo


Arresto Menor
council wrote:
virgo wrote:Hi Sir thanks for the reply, pero pede pa rin ba akong liable kapag nag sign lang ako ng contract pero di pa ako nagsimulang magtrabaho dun kasi I'm considering another company, salamat po:)

As I quoted the civil code earlier - you are liable to comply with the contract once you sign it.

Art. 1315. Contracts are perfected by mere consent, and from that moment the parties are bound not only to the fulfillment of what has been expressly stipulated but also to all the consequences which, according to their nature, may be in keeping with good faith, usage and law.

Sa simula ng pag payag mo sa kontrata (pag-pirma) pareho kayong may pananagutan na tapusin ang kung anumang nakasaad, kasama din ang kung anuman ang kalalabasan.

Maraming salamat Sirs sa mga payo, God Bless you all!

View user profile

Sponsored content


View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum