I have got a new job in a software firm. There is a one and a half year employment bond in the company and 2 months notice period. I have not been under any bond before this so I wanted to know whether an employer could pay an employee less in the coming year just because the employee has signed the bond?
If I complete 1 year and 4 months and give a 2 months notice that makes it 1 year and 6 months. In such circumstances, would I be deemed to have satisfied the terms vis-a-vis notice period as my employment bond states?
'The employee on joining the company undertook to stay in employment of the company for a minimum period of 18 months & 2 months notice period to the company.'
What does this mean?