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I recently joined a company after completing my post-graduation (I'm a fresher). When I joined the company, I was asked to submit a blank cheque as a bond. The offer letter didn’t specify the amount, just the cheque. Also, within the offer letter, I was told that I would receive a salary hike after six months. It’s been seven months, and I still haven't received the hike. They have threatened to terminate me without a valid reason. I have canceled the cheque I submitted (stopped the cheque payment). Will I be held or charged legally for this, and how can I get out of this situation?
You should consult a lawyer about the legality of the bond and the employer's refusal to give your salary hike. Stopping the cheque might be risky, as the company may claim it as a breach of contract. Your options include filing a case for unfair labor practices and seeking compensation for the delay in your salary increment. For further legal assistance contact us on our helpline number.