More IT Companies May Follow Infosys on Moonlighting
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After Infosys, more Indian IT companies may allow employees to take up “gig work” outside the company with prior approval.
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As these firms look to stem the tide of attrition and widespread moonlighting dogging the $227 billion IT outsourcing industry.
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Others, including top executives at staffing firms, are of the view that authorising employees to work for non-competing establishments.
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With prior approval — may do little to enthuse IT workers and may instead lead to managerial disruption.
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It may not deliver huge benefits to attrition-ridden companies as only a very small percentage of the workforce is likely to opt for such a scheme, they noted.
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Moonlighting - A term to describe employees who take up a second job while being on the payroll of another firm.
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Moonlighting – taking up an additional job in addition to primary employment in order to supplement income
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Has emerged as a hot button issue in the industry, which employs over 5 million people directly.
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It is stoking sharp divisions in opinion on the efficacy of companies authorising gig work.