Legally, practising moonlighting in a company is an offence. In a structured company, where policies structure are provided to sign before starting work in the company.
Hopefully, employees must know all the legal terms and conditions where an employee is bounded for revealing any information to another company and all the work are enclosed within the company in which you are assigned to work. So, how this moonlighting came into action in the top Wipro company and is it effective in these High IT companies? What are the consequences?
Table of Content:
1. What is Moonlighting? How it came into action?
2. But how it came into action?
Firstly, What is Moonlighting? How it came into action?
“Moonlighting” is working in more than one company at a time for earning extra income. Financial freedom is the main perspective view as it not only degrades the commotion of feeling helpless when you are burdened with debt but also ends the sad life of an individual.
But how it came into action?
U S term moonlighting is practised often with the employees while in India, it suddenly goes down with Moonlighting action by the company Wipro.
Wipro resigns 300 employees at one go as they were found guilty in Moonlighting.
Wipro’s executive chairman Rishad Premji reasoned out by telling that these employees are violating the policy of the ( NDA )non-disclosure agreement that states those who are appointed as an employee in the company will keep the work and the source to themselves.
Disclosure of the terms and conditions will violate the policy in return the employee will get dismissed from the position. Wipro also faces the same legal ritual and dismisses 300 employees because of policy violations.
New India emerges at its peak now. As we have heard the news of the demolition of the great twin tower of Supertech sector 92 Noida with an example of violating RERA terms and conditions.RERA is also known as the Real Estate regulatory authority. Now all the sectors are working with transparent laws and want to benefit the right approach from the employees.
Moonlighting is not feasible for trustworthy employees but when the confidential data leaks out to rival companies by the working employees who are assigned to work from 9 to 5 is not practically responsive for the company.
In foreseen future, we are venturing into the capital of upcoming (AI) Artificial Intelligence, where every individual wants to start their financial freedom from home. But, experience works well in building your own company or initiating startups. Loyal psychology is further initialising in the private sector for better ways of regularising policies must be updated with preferring working time option is my take which further will not practice phishing as Wipro resigned Employees conducted.