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Moonlighting In India ?

What is Moonlighting ? Reasons why Employeer in Favor and against Moonlighting practices ?

Sanjeev28
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Moonlighting In India ?

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  1. Moonlighting In India ?

  2. What is Moonlighting ? Employees typically take a second job or side hustle in addition to their primary jobs Having more than one job is what it means. Normally, employees embark on these jobs without informing their main employeers.

  3. Reasons For The Increase In No of Moonlighters Many people's financial stability was challenged during the pandemic, and having a second job was an additional source of income. • The Cost of Living: For many people, especially those living in expensive cities, holding down two or more jobs is simply a necessity in order to make ends meet. • Career advancement: In today's competitive job market, employees are often looking for any edge they can get. Working multiple jobs can help them gain valuable experience and build their resumes faster. • Personal fulfillment: For some people, working multiple jobs simply provides a greater sense of personal fulfillment than working a single job. They enjoy the variety and challenge that comes with holding down multiple positions.

  4. Why Campanies Are Against Moonlighting ? Companies are against of moonlighting because it can be detrimental to productivity, morale and overall company performance and leakage of sensitive information The main reason for this is that employees who moonlight tend to work fewer hours than their coworkers who do not moonlight. This means they are missing out on the benefits of full-time employment, such as health care and paid time off. . Companies like Wipro, TCS, and Infosys are strongly against it. Wipro’s CEO RishadPremjieven considers moonlighting as cheating. Infosys also warned its employees against moonlighting as it could lead to termination of employment

  5. Companies in Favor of Moonlighting • Companies like Tech Mahindra and Swiggy have accepted and encouraged the Moonlighting Culture • These Companies believe that - It gives employees an opportunity and flexibility to workon projects they are interested in or think they could do well at. This can improve their performance and increase the value they bring to their company. • Companies are starting to realize that independent contractors are more efficient because they work when they want, how long they want and where they want without the overhead costs associated with company employees.

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