Infosys CEO Salil Parekh clears company’s stand on Moonlight: Doesn’t support double employment and more – Times of India

Infosys Most recently, second-quarter profits posted higher-than-expected growth, driven by strong margin growth. According to Refinitiv data, the company’s consolidated net profit rose nearly 11% to Rs 6,020 crore ($729 million) for the quarter ended September 30, beating analysts’ estimates of Rs 5,780 crore. Infosys CEO during earnings call salil parekh Also told about the company’s stand on Chandni. here is all he said
does not support dual employment
Infosys CEO Salil Parekh said the company does not support dual employment, reiterating the company’s stance on the practice of moonlighting employees, or working on gigs that may be in conflict with their work at Infosys. He reiterated the company’s stance on employees moonlighting, or working on gigs, which may conflict with their work at Infosys.
employees fired for applying moonlight
Parikh said that in the last one year, the company has let go of its employees found working with other companies. CEO Salil Parekh said, “If we have found employees working in two different companies where there are privacy issues, we have let them go in the last 12 months.” He did not mention a figure.
Policy Planning on Moonlight
Parikh, however, said that Infosys is planning to bring in a policy that allows employees to work on other projects within and outside Infosys. Parekh said Infosys is planning to introduce a policy to allow employees to work outside. He added that the company is developing more comprehensive policies for this, while ensuring that contractual and confidentiality commitments are fully respected.
Infosys Accelerate platform
Parekh said Infosys has set up a platform called Accelerate where employees can view internal gig work and projects outside their core area. “We have established, not last week, over the past several years, a platform that we call Accelerate, which employees can look at for gig work internally and various projects outside of core work,” Parekh said. Told. He said that on an average more than 4,000 people apply for it every quarter, of which around 600 have been selected to work on another project active within the company. “We support the aspirations of our employees to learn beyond their work. We will support them to work on some big projects after prior approval of the managers,” said Parekh.