The times are a changing

Updated on: Monday, December 20, 2010

IIT students are now refusing to sign bonds with companies as they want the freedom to explore the job market. This is a growing trend that is being noticed among students of the Indian Institutes of Technology (IITs) during campus recruitments. In fact engineering graduates are now refusing to accept job offers that will tie them down in a company. They want more freedom of movement and the choice and liberty to move around the job market. So, the answer to bonds is a firm no.

For their part, companies are also complying with this new phenomenon. Almost 90 per cent of the recruiters at IIT-Bombay are not getting students to sign bonds and the same is true of international organisations who are going into the recruitment process without the mandate of signing agreements with students.

The IIT placement cells are also giving out the message loud and clear. Most companies in the past felt that since they were spending so much money on training, it would only be fair to them that recruited students sign a bond as some form of commitment to remain with the company in return for the funds the company was spending.

But most engineering graduates now look down on any kind of arrangement that holds them back in any way.

The times certainly are a changing and recruiters — both domestic as well as international — have got the message!

The times are a changing

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