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I have never heard of such a practice but no matter what never give your original certificates to anyone to hold on to!
This sounds like such a shady thing to do and certainly not legal.
Please do not sign anything before reading it thoroughly beforehand.
Chief
They ask this stuff so that they can keep you from absconding the company
And if the company has implemented such extreme measures implies they have high attrition, absconds
It’s better to steer away from such organisations else you’ll be trapped
I have never heard if some company trying to hold on to original documents. Read the document carefully before signing anything and I’d suggest search for other offers.
Chief
Is this a startup?
I’ve heard some startup’s do that, never share your originals though
If they want to hold you for one year, they will have to prepare an agreement (on stamp paper) and get that signed from you. Your original doc's don't come into picture in an way. Decline immediately.
It's illegal.
A big no to the company. Please refrain yourself to join such companies now or ever in any case. These kinds of behaviour comes when they are having very bad impact on the employees, hence employees are not being part of these organisations for a long time. I have a bitter experience from such. All the best.
Its a NO
Don't do it
Big NO. Period. Jobs are plenty, skip this one.