Highlights

  • The clause is not new but is seeing fresh enforcement by the firm
  • IT firms are witnessing record high attrition rates

Latest news

India vs England: Joe Root and Jonny Bairstow stun Bumrah's boys with a massive partnership

India vs England: Joe Root and Jonny Bairstow stun Bumrah's boys with a massive partnership

Dressed as Zomato agent, man sends resume in pastry box. Find out what happened next

Dressed as Zomato agent, man sends resume in pastry box. Find out what happened next

Stunning photo from Hubble of a 'globular cluster' will leave you awestruck | Watch

Stunning photo from Hubble of a 'globular cluster' will leave you awestruck | Watch

Football transfer: Christian Eriksen verbally agrees to join Man United, City signs Kalvin Phillips

Football transfer: Christian Eriksen verbally agrees to join Man United, City signs Kalvin Phillips

Campers want New Zealand govt to tighten laws on pooping in public places

Campers want New Zealand govt to tighten laws on pooping in public places

Trending: Infosys non-compete clause and why it is causing a stir

IT union said that the clause is now being enforced and it is “unduly harsh and oppressive” to the employee.

In a bid to arrest record high attrition India's second-largest software firm is enforcing an age old 'non-compete clause' which is causing a furore among workers. The clause which has been in place since 2007 restricts resigning employees to join 'named competitors' for 6 months. Named competitors include TCS, Wipro, Accenture, HCL Tech, Cognizant and IBM.

Raising a voice against this a Pune-based IT employees union has written to the labour ministry and stated that non-compete clauses in the employment agreements offered by IT major Infosys to its IT as well as BPO employees are “illegal”.

Also read/watch | Estee Lauder Salons near you soon, Nykaa partners with Aveda

Infosys, in its statement, said that it is a standard business practice in many parts of the world for employment contracts to include controls of reasonable scope, duration to protect the confidentiality of information, customer connection, other legitimate business interests.

Also read/watch | Ukraine war: Tata Steel takes a stand, stops business with Russia

So what does this non compete clause really comprise of, here is a look:
For the period of six months after leaving Infosys, employees will not

  • Accept any offer of employment from any customer, (with whom I worked) in the twelve months immediately preceding my termination.
  • Accept any offer of employment from a Named Competitor of Infosys, if my employment with such Named Competitor would involve me having to work with a Customer with whom I had worked in the twelve (12) months immediately preceding the termination of my employment with Infosys.

The Indian IT sector has been seeing record highs in attrition numbers, in the Jan-March months Infosys saw 27.7% voluntary attrition. The company plans to hire 50,000 freshers in the current year to combat the problem.

Also read/watch | Reliance shares at all time high; Morgan Stanley bets bigger

Up Next

Trending: Infosys non-compete clause and why it is causing a stir

Trending: Infosys non-compete clause and why it is causing a stir

Dressed as Zomato agent, man sends resume in pastry box. Find out what happened next

Dressed as Zomato agent, man sends resume in pastry box. Find out what happened next

Zurich, world’s 2nd most expensive city: here's the one place that beat it

Zurich, world’s 2nd most expensive city: here's the one place that beat it

Bezos vs Biden: Amazon founder is again taking on the US President

Bezos vs Biden: Amazon founder is again taking on the US President

Special treatment for Tesla not in India's interest: Ola Chief Bhavish Aggarwal

Special treatment for Tesla not in India's interest: Ola Chief Bhavish Aggarwal

British Army's Twitter, YouTube hacked to promote crypto scam

British Army's Twitter, YouTube hacked to promote crypto scam

More videos

Over 12,000 employees sacked by India startups in 2022: report

Over 12,000 employees sacked by India startups in 2022: report

Indigo crew on mass leave for job interviews?

Indigo crew on mass leave for job interviews?

Musk makes a comeback! This time with the Pope

Musk makes a comeback! This time with the Pope

Over 8000 flights delayed or cancelled, American airports in complete chaos

Over 8000 flights delayed or cancelled, American airports in complete chaos

On camera: Spicejet flight cabin fills with smoke, flight to return to Delhi

On camera: Spicejet flight cabin fills with smoke, flight to return to Delhi

BMW cars will adopt Android Automotive from 2023

BMW cars will adopt Android Automotive from 2023

DHFL fraud: Yes Bank to PM Housing Scheme, Rs 34,000 cr scam explained

DHFL fraud: Yes Bank to PM Housing Scheme, Rs 34,000 cr scam explained

NYC rents hiked by most in 10 years: Only 1 out of 5 full-time workers can afford it

NYC rents hiked by most in 10 years: Only 1 out of 5 full-time workers can afford it

Explained: Germany one step away from rationing gas, Russia cuts supply

Explained: Germany one step away from rationing gas, Russia cuts supply

Media Mogul Rupert Murdoch heads for 4th divorce at 91

Media Mogul Rupert Murdoch heads for 4th divorce at 91

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.