Get All Access for $5/mo

Infosys Is Not In Favour Of Moonlighting, Says Salil Parekh The CEO said that the company already had a platform which allowed employees to do internal gig work on internal projects

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Infosys Twitter handle

India's second largest IT company Infosys CEO Salil Parekh, on Thursday, said that the company did not support moonlighting and added that it has fired employees who were into dual employment over the last 12 months.

"We don't support dual employment. If we found, in the past, employee doing blatant work in two specific companies where there is a confidentiality issue, we have let go of them in the last 12 months," said Parekh during the Q2 earnings' briefing.

Last month, Wipro chairman Rishad Premji, revealed that around 300 employees was fired as the IT service company had no place for any employee who chose dual employment. Infosys, however, did not revealed the exact number of people who were let go on account of moonlighting.

The CEO said that the company already had a platform which allowed employees to do internal gig work on internal projects. In his words, "We have set up over the last several years, not now not last week, over the last several years, a platform which we call Accelerate to which employees can look at what we call internally gig work different projects outside of the main work."

"We support the aspirations of our employees to learn beyond their work. We will support them to work on certain big projects after the prior approval of the managers. The company was developing more comprehensive policies for that, while ensuring that contractual and confidentiality commitments were fully respected," added Parekh.

The issue of moonlighting emerged as a matter of discussion after Rishad Premji flagged the same. Later on, most IT service companies have taken a rough stance on the practice of employees moonlighting.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Marketing

5 SEO Hacks to Help You Rank Fast

Discover the best SEO hacks you can use to rank fast and avoid waiting for months to see results.

Leadership

How His Personal Battle With Cancer Inspired This Founder's Solution for Patient Care

On this episode of "The Founder CEO," Michael O'Neil, founder and CEO of GetWellNetwork, discusses his inspiring journey as a leader and the transformative role of AI in healthcare.

Growing a Business

How Visionary Leaders Transform Curiosity Into Groundbreaking Ideas

Lee Brian Schrager, founder of the South Beach Wine & Food Festival, discusses the spark that launched FoodieCon, his best practices for running popular food events, and why all business owners need to adapt to social media trends.

Money & Finance

Avoid These 10 Mistakes Entrepreneurs Make with Money

Despite the challenging statistic that only 5% of startups survive beyond five years, common financial pitfalls often contribute to their failure. Through personal observation, I've identified the prevalent financial mistakes made by entrepreneurs.

Data & Recovery

Get $60 off This Portable VPN Travel Router

Why keep paying for a VPN service when you can have a tiny, lightweight piece of hardware that can provide you with a lifetime of maximum VPN protection?

Business News

Homeowners in These 10 States Pay the Most in 'Hidden' Upkeep Costs

Hidden home costs pile on top of mortgage payments.