Miss Swan
26-11-2012, 08:46 PM
Hello! I've just been offered a basic administration role at a base salary (<$40K/yr). I've gone through my contract at the request of my employer and have been informed that it's a 2 year binding contract. And basically what it means is should I decide to resign before 2 years, I would have to pay the employer the costs of hiring a replacement staff and also the costs incurred in having to train this new staff.
In the contract it says the employer has the right to do so (i.e. seek compensation from the employee). Does anyone know if this contract is legal? The rationale behind this clause is that it takes a lot of time and effort to hire and train the employee, as there are legislations to learn.
I don't have a major issue with this clause as I know I can carry out the duties well and trust that I can get along with my future co-workers. This is in a private education sector, by the way. A lot of people have been telling me not to go for it because the thought of a binding contract is a big turn-off to them. But I signed a 3-year bond with my very first company out of university, and completed my bond easily. So a 2 year bond isn't breaking news to me. But it is my first time coming across such a clause. Regular occupations don't have bonds in their contract.
I would like to know how HR professionals view this clause in my contract.
In the contract it says the employer has the right to do so (i.e. seek compensation from the employee). Does anyone know if this contract is legal? The rationale behind this clause is that it takes a lot of time and effort to hire and train the employee, as there are legislations to learn.
I don't have a major issue with this clause as I know I can carry out the duties well and trust that I can get along with my future co-workers. This is in a private education sector, by the way. A lot of people have been telling me not to go for it because the thought of a binding contract is a big turn-off to them. But I signed a 3-year bond with my very first company out of university, and completed my bond easily. So a 2 year bond isn't breaking news to me. But it is my first time coming across such a clause. Regular occupations don't have bonds in their contract.
I would like to know how HR professionals view this clause in my contract.