I have been a senior software engineer in an Indian based company and owners of the company are an Indian as well for the last two years. Recently all employees were given an agreement to sign. Below is an excerpt:
In reference to the ongoing business dynamics, we have incorporated a few amendments in the employee handbook and incidental rules and regulations of the establishment. Being a part of establishment, you are requested to kindly study the same in depth. Should you agree the amendments, kindly sign this copy in the duplicate and share as a token of acceptance.
I hereby agree and accept the above-referred changes, totally and unconditionally. I undertake and agree to work on the prevalent terms and conditions and be abided by the rules and regulations in force and which may be added / or amended from time to time. I have understood the same in the language known to me.
One of the points in the handbook is to prevent an employee from looking for a new job while the employee is still actively employed by the company. That means an employee must not appear on job sites such as Naukri or TimesJobs.
My concern is: why is the company now requiring this agreement, even though all employees were already following the rules and regulations properly?
Also, can I decline to accept any rule in the handbook? If yes, how can I politely refuse to sign the agreement?