Legal Question in Employment Law in Philippines

Hi, a company that's about to hire me wants a bond of 500,000 for me to stay for 3 years. The thing is they're also asking for a collateral such as a car or property. Is this legal? What kind of alternative arrangement can I propose to ensure them that their trade secrets are safe? I really need the job...


Asked on 12/20/10, 7:17 am

1 Answer from Attorneys

VOLTAIRE T. DUANO VOLTAIRE T. DUANO LAW OFFICE

Is it worth applying in the said company?

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Answered on 5/31/11, 8:18 am


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