Hi ranchers, I have an offer from Rolta-India(of Roltanet ISP fame) for the position of java developer.Trouble is i have been asked to sign a bond of 4 years in which they will keep all original certificates for that period.I have no idea how good the company is for java development.
I have 1+ years experience and am presently working in a much smaller company than Rolta.Does anybody have any idea about the reputation,quality of projects etc in this company as this is going to be a major decision for me in life?.Why i am interested is because it does offer a much bigger setup to me professionally,but is it worth investing that much time(4 years atleast)?
Thanks Rashmi.You are right i feel it is a risk but the company as a whole is reputed.It is their projects(especially java related)on which i am not sure,so I am still not decided
Hi Dirk, Sorry if i wasn't clear.The company which i am supposed to join will sign an agreement(bond) in which i agree to give my original certificates(i.e school,college,engineering degree certificate...etc)to the employer and these will be returned to me after the completion of the agreement period(4 years).What that means if tommorrow i feel that this is not the right place for me,i would not be able to just quit and take employment elsewhere coz all my proofs of education would be with this company.
I don't know if this sound strange but i guess it is their way to keep attrition rates low in the industry.
As Rashmi said correctly,don't join Rolta.First,it is filled up with egoestic folks who think ,only they know engineering software stuff.Secondly environment(in Rolta and don't know about Roltanet) is not friendly.7 years back I went for a interview as a fresher at their MIDC office and I was kept 2 hours waiting.Another important point is its quite influential in terms of its political contacts.(Rolta does some projects for Army,Airforce,and other govt agencies)so if you handover your documents,forget them for 4 years. Be happy in a small company instead of swapping the badge every 30 minutes.
Signing a bond....that too for a period of 4 years is not at all recommended..
Why do we need to sign a bond??? This really puzzles me a lot.....
Moreover, U will have good career path and learning curve when u work for smaller companies. Since u have 1+ years of experience, I suggest u to stay with ur current employer and gain some good amount of experience...