He further clarified that the measure was not applied rigidly in all cases.
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Moneycontrol20-12-2025, 12:03

Gujarat Founder's 'Security Cheque' for New Hires Sparks Heated Debate on Trust & Legality

  • A Gujarat-based software firm founder introduced a "security cheque" policy for new hires, equivalent to one month's salary.
  • The policy aims to address the growing trend of candidates accepting offers but backing out shortly before joining dates.
  • If a candidate withdraws without a genuine reason, the cheque is encashed; otherwise, it's shredded or returned upon joining.
  • The LinkedIn post sparked a widespread debate, with some supporting it as a solution and others criticizing its legality and ethics.
  • Critics argue it's "stupid and illegal," questioning its enforceability and suggesting companies should address internal issues causing reneges.

Why It Matters: A founder's security cheque policy for new hires ignites debate on workplace commitment, trust, and legal boundaries.

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