Wipro CEO on Moonlighting Debate: ‘Side jobs are fine but…'

[{"selector":"#anim-e241ca85-a053-4606-89c6-2761d3701dbe","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1976e2b7-5d9e-49c6-ab5c-ff4588609f01","keyframes":{"transform":["translate3d(-111.55235%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5ae5b36-a1f5-4c20-b85a-d6c66922c805","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Learn More

Weeks after Wipro fired 300 of its employees for moonlighting, the company's CEO Thierry Delaporte on Wednesday said that

[{"selector":"#anim-33206a70-8887-43df-9c8c-d6dc85c391d7","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5ee15868-75d0-4f0e-9655-327b80837ea2","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

He said that while little side jobs were fine, working for a competitor is a "question of ethics".

[{"selector":"#anim-dd6bfaf8-cbd3-4a66-85db-3b58a913b91c","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e8c4697-95c1-477f-bf88-da95c2700f5d","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

With record-high attrition rates adding to the woes of the Indian IT industry as companies face cost overloads and margin pressures.

[{"selector":"#anim-6a3b9d61-c001-4dba-bf34-f3d2c64410ee","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a9116b0b-feb5-4678-919e-c32296fd15e3","keyframes":{"transform":["translate3d(-115.87301%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Wipro reported a marginal dip in attrition rate and said it will pay out 100% variable pay to 85% of the staff.

[{"selector":"#anim-7f604cf6-ce7e-4f31-93d7-0c9088dfe0da","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fe921539-5ea6-4a50-b608-f15cd6a2ab31","keyframes":{"transform":["translate3d(-114.60318%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Last month, Wipro Chairman Rishad Premji revealed that some 300 employees were fired as the IT services company has no place for any employee who work directly with rivals.

[{"selector":"#anim-41589898-5a26-43cc-8be0-b3b35f8e24a8","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6e3082eb-82e3-46a5-a80a-e3893369c9c1","keyframes":{"transform":["translate3d(-114.60318%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

On Wednesday, at the second-quarter earnings press conference, Delaporte said Wipro contracts stipulate not taking up a side job with a competitor.

[{"selector":"#anim-ac2f2143-f300-45af-8a8d-f7f6e21e2c64","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8b934cd3-1946-4782-a037-cd8cb91430ab","keyframes":{"transform":["translate3d(-115.87301%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

It is "perfectly fine with someone having a little side job here and there.

[{"selector":"#anim-850ae070-dc64-4cdf-aee4-49934e87df18","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5c03ff73-b5c6-4ca8-989c-43b67d66185b","keyframes":{"transform":["translate3d(-115.55555%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

It is different if you are working for a company that is in our environment (business) for example," he said, adding that working for rivals is also a conflict of interest.

[{"selector":"#anim-7b50719d-a21c-4a91-8c21-f5e55ad3ba4e","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-52588e41-32ea-430d-9f26-39c89bec4f0e","keyframes":{"transform":["translate3d(-114.92064%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

So it (moonlighting) is not a question of legal, it is a question of ethics. We don't believe that it is right to have two jobs having a conflict of interest," he said.

[{"selector":"#anim-e5fdf518-fc7b-49fe-8d98-bc50838c52b7","keyframes":{"opacity":[0,1]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2f77d64f-5619-4209-aa2a-f0d28ee5530d","keyframes":{"transform":["translate3d(-114.92064%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":600,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]