About service agreement / bond violation
Hello sir/ma'am,
I am Arun Kumar.
I work in an IT startup from 5th feb 2018.
At the time of joining, the firm got a bond signed by me with an undated signed cheque worth rupees 70,000 to use it in case the bond gets broken down.
They promised a CTC varying in between 1.8LPA to 4.5LPA (typically 2.5LPA).
After the internship completion, they asked me to sign the joining letter to become a full time (permanent) employee in the firm with 5 lakh CTC.
But, as they always play a game in behind the scenes, they explained the salary as 2.5LPA fixed and 2.5 Lakh variable (0% to 100% variable) at the end of year + 3 months time required to evaluate the performance of me as an employee and how much the company earned - on basis of which,the variable will be given.
They didn't mention this variable thing at the time of hiring.
Now as I was not OK with this offer, I asked them to make the fixed salary to 3.5LPA and I don't care about the rest(variable) otherwise I won't be able to accept the offer.
On this answer, the CEO replied that he is not going to change the amount as I want and in that case I have to resign as Its my problem that i don't like their offer.
Here in this situation, if I resign, then they would execute the bond which I don't want to happen.
I told him to take action and its his call to do what he want to (fire me if he want to, which leads to bond failure).
I want to ask if there is any way out of this to fail the bond.
Thanks