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What to do

Gaurav Saini (Service) (52 Points)

11 July 2009

Hi all,

I am a qualified C.A. but not able to find a good job in current scenario of recession. Now good news came as I have been offered a job from a leading psu but there are two problems :

The location is far away from Delhi so in future if for better oppurtunities I want to switch over then it will be very difficult for me to go for an interview there and also for further study it''s not good.
I have to fill a 4 years bond and have to pay 2.5 lacs if i leave this co. within a period of 4 years.

Therefore, I am in confusion what to do though the profile will be good over there.

Please suggest me a proper solution.

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2 Replies

Balaji Sarangarajan (MBA & (CA Final)) (1131 Points)
Replied 11 July 2009

Hello Mr Gaurav

For god sake dont sign any agreement or contract for the work which you are going to do. If they dont believe you & yours skills let them find someone else.

regds

Balaji

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saurabh (CA) (552 Points)
Replied 12 July 2009

do not make a hasty decision.

Consider factors like -: How much will relocating to dat place will cost u? Wats the package they r offering, is it as per industry standards and as far as bond is concerned, don't sign a bond coz u might get a better job option as recession goes.

alternatively, say ur package is 6 lacs n u work for 2 yrs n den u break the bond for a better option. ur net package is 10.5 lacs in 2 years and plus the experience u gain in the PSU.

So ask urself considering all options. I'll say join it even if they ask for signing a bond.