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The change comes at a time when there is a strong focus from the government and regulators to prevent Indian IT companies from using non-compete clauses to limit their employees from starting their ventures or joining rivals.
Wipro said it had replaced this clause with other provisions that provide greater protection for employees, including allowing them to work on side projects as long as they don't work for a competitor or act against their principal employer's interest.
"We're not trying to stop people from doing it,"
According to CEO Thierry Delaporte, Wipro allows its employees to work side jobs as long as they aren't working with a competitor.
"But we want them to do it within the realm of what's legal."
The change comes at a time when there is a strong focus from the government and regulators to prevent Indian IT companies from using non-compete clauses to limit their employees from starting their ventures or joining rivals.
Wipro is removing the clause. According to a statement, the company has removed the non-compete clause from its employee contracts and will not enforce it in future cases. "We are removing the non-compete clause from all existing and future agreements," Wipro CEO Abidali Neemuchwala said in an email sent to employees on Thursday morning.
The change comes at a time when there is a strong focus from the government and regulators to prevent Indian IT companies from using non-compete clauses to limit their employees from starting their ventures or joining rivals like Infosys Technologies Ltd., Cognizant Technology Solutions Corp., Capgemini SA and Mitra Biotech Pvt Ltd (formerly known as Mindtree).
Side hustles are ok
Wipro is fine with side hustles—so long as they're not in direct competition with the company.
If you work for a company and want to start your own business, that's okay! You can do it on the side while still receiving regular paychecks from Wipro. The only requirement is that your new venture doesn't compete directly with Wipro itself (or any other clients). But if you're at an unrelated company and have time on your hands, why not take advantage of this opportunity?
Side jobs are great ways to learn new skills and meet new people. They also give us more options when it comes to making career decisions; instead of having limited choices based solely on what jobs are available today, we now have access to any number of opportunities based on our interests or experiences outside work.
Conclusion
It's clear from Wipro's new policy that it wants employees to be happy and to work for its brand. It also says that it does not want its employees working for a competitor, which is great news for those looking for a side hustle or who have recently quit their current job.
