Navigating Bond Amounts and Leaving Infosys During Probation

Introduction

After completing a training phase, many employees wonder about the bond amount they must pay if they decide to leave Infosys early. This article aims to clarify the typical scenarios and considerations involved in this process. Understanding these details can help you make informed decisions regarding your continued employment or plans to resign.

Understanding the Bond Amounts

The bond amount you must pay when leaving Infosys during probation can vary based on several factors. The document you received upon joining might provide specific details regarding this, but generally, it follows a structured approach involving various components.

Key Factors Influencing the Bond Amount

Training Phase: If you leave immediately after training, the bond amount can range from Rs. 80,000 to 1 lac (100,000). Probation Period: If you leave during the probation period following the training phase, additional costs such as computer usage and facility charges will be factored in, potentially increasing the bond amount to around 1.5-1.8 lac (150,000 to 180,000). HR Negotiation: The specific bond amount can vary depending on your HR department and the project you are working on. If you are leaving for further studies and can provide valid documentation, you may be eligible for a reduced bond.

Note: Generally, if you fail the exams during training, you might not have to pay any bond.

Real-Life Scenarios

It's worth noting that the bond amount can be subject to negotiation, especially with a valid reason. Many individuals have left Infosys without paying any bond, but if required, a standard bond amount is typically around 50,000 INR. Experienced employees recommend waiting until the probation period ends before deciding to leave, as it can be more beneficial to remain until the contract terms are clearer.

Breaking Down the Bond Cost

When considering the bond amount, you should account for the following components:

Fixed Salary: A certain percentage of your fixed salary. Computer Time Usage: A proportion of the total computer time used, usually around Rs. 700-800 per day. Recruitment Costs: Costs related to the recruitment process. Training Costs: Expenses associated with the training phase.

For a better idea, the typical bond amount for a new joiner leaving after a 3-month probation is around 1.5L (150,000 INR).

This amount may change based on the specifics of your employment agreement and the timing of your resignation.

Conclusion

The bond amount you must pay when leaving Infosys can vary significantly depending on your circumstances. It is crucial to understand these details and, if possible, negotiate with your HR department for a more favorable outcome. By being well-informed, you can make better decisions about your career path and the terms under which you engage with Infosys.