What is the purpose of the Service Agreement Bond for trainees at BHEL?

The Service Agreement Bond for trainees at BHEL is primarily designed to ensure that those who undergo training commit to serving the company for a specified duration, typically three years. This bond creates a mutual understanding that the investment made by BHEL in training the individual will be reciprocated by a period of service, thereby fostering loyalty and reducing turnover.

By mandating a service commitment, BHEL can effectively retain skilled employees who have been trained to meet the company's specific needs. This arrangement benefits both the organization and the trainees, as it provides the trainees with valuable experience and career opportunities while ensuring that BHEL has a dedicated workforce equipped with the necessary skills to excel in their roles.

In contrast, the other options do not accurately reflect the primary purpose of the Service Agreement Bond. While it may indirectly relate to aspects of salary increases, health insurance, or promotions, these are not the fundamental reasons behind the bond's implementation. The key focus remains on ensuring a commitment to serve the company for a defined period following the completion of training.