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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”.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. 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. 

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

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”.

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&nbsp;Tech , Cognizant and IBM.&nbsp;
Raising a voice against this&nbsp;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 &ldquo;illegal&rdquo;.
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.&nbsp;

IT union said that the clause is now being enforced and it is &ldquo;unduly harsh and oppressive&rdquo; 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&nbsp;Tech, Cognizant and IBM.&nbsp;
Raising a voice against this&nbsp;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 &ldquo;illegal&rdquo;.
Also read/watch |&nbsp;<a href="https://www.editorji.com/business-news/estee-lauder-salons-near-you-soon-nykaa-partners-with-aveda-1650522705914" target="_blank">Estee Lauder Salons near you soon, Nykaa partners with Aveda</a> 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.&nbsp;
Also read/watch |&nbsp;<a href="https://www.editorji.com/business-news/ukraine-war-tata-steel-takes-a-stand-stops-business-with-russia-1650507451310" target="_blank">Ukraine war: Tata Steel takes a stand, stops business with Russia</a> So what does this non compete clause really comprise of, here is a look:&nbsp; For the period of six months after leaving Infosys, employees will not
<ul>
<li>Accept any offer of employment from any customer, (with whom I worked) in the twelve months immediately preceding my termination.</li>
<li>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.</li>
</ul>
The Indian IT sector has been seeing record highs in attrition numbers, in the Jan-March months&nbsp;Infosys saw 27.7% voluntary attrition. The company plans to hire 50,000 freshers in the current year to combat the problem.&nbsp;
Also read/watch |&nbsp;<a href="https://www.editorji.com/business-news/markets/reliance-shares-on-a-roll-morgan-stanley-bets-bigger-1650514671649" target="_blank">Reliance shares at all time high; Morgan Stanley bets bigger</a>

Better.com infamous for the 'Zoom Firing' episode in December is back in news again for letting go of people, this time the number is thrice as large.  The embattled online mortgage company, is letting go of 3000 people and reportedly the sacked employees found out as they received severanace cheques before they were notified of termination. 
According to a report in TechCrunch, the layoff was planned for Wednesday, March 9. But, an employee, said that "they accidentally rolled out the severance payslips too early.""In a letter posted on Better's website after the cheques were handing ouyt the company said Tuesday's layoffs were prompted by a "dramatic drop in origination volume due to rising interest rates," said Interim President Kevin Ryan.
Ever since Vishal Garg the CEO fired 900 staff during a Zoom call, several top employees have resigned from the US-based mortgage company so far.
 

Better does worse, fires 3000 more employees but not Zoom this time

Better does worse, after Zoom firing of 900 people, the company fires 3000 more employees but 'forgets' to tell them

Better fires 3000 people, forgets to inform them!

The company gained notoriety last year after its CEO fired 900 employees over Zoom just before Christmas

Better.com infamous for the 'Zoom Firing' episode in December is back in news again for letting go of people, this time the number is thrice as large.&nbsp;&nbsp;The&nbsp;embattled online mortgage company is letting go of 3000 people and reportedly the sacked employees found out as they received&nbsp;severance cheques before they were notified of termination.&nbsp;
According to a report in&nbsp;TechCrunch, the layoff was planned for Wednesday, March 9. But, an employee said that "they accidentally rolled out the severance payslips too early." "In a letter posted on Better's website after the cheques were handing out the company said Tuesday's layoffs were prompted by a "dramatic drop in origination volume due to rising interest rates,"&nbsp;said&nbsp;Interim President Kevin Ryan.
Ever since Vishal&nbsp;Garg&nbsp;the CEO fired 900 staff during a Zoom call, several top employees have resigned from the US-based mortgage company so far.
&nbsp;

HCL&nbsp;Tech facing a bonus bombshell as news surfaced that India's fourth largest tech company was demanding bonus back from employees that were quitting.&nbsp;In a policy that has been in place since April and emailed as a 'reminder' in November&nbsp;that employees who were exiting the firm&nbsp; between September 2021 and March 2022, will be liable to pay back the bonus in&nbsp;full.Disgruntled employees are looking at a legal case against the tech firm.&nbsp;Harpreet Saluja, President, Nascent Information Technology Employees Senate (NITES), a union for IT employees, said &ldquo;We are in process of filing a court case against HCL Technologies against illegal bonus recovery policy and for refund of the bonus amount deducted to all employee."Saluja&nbsp;went on record to say that an official complaint has already been sent to the Labour Ministry.&nbsp;HCL&nbsp;Tech has however stated that the clause has been removed from the HR policy after the employees lodged their protest against the same.&nbsp;This however is not the first HR nightmare that HCL&nbsp;has faced. In December an American think tank has accused IT services major&nbsp;of wage theft by underpaying thousands of skilled migrants on H-1B visas.Read/Watch Also: Why HCL&nbsp;Tech is being accused of wage theft

Why did HCL Tech ask for the bonus back? Arm twisting policy to retain talent changed

In a policy that has been in place since April and emailed as a 'reminder' in November that employees who were exiting the firm  between September 2021 and March 2022, will be liable to pay back the bonus in full.

HCL faces legal threats over 'bonus bombshell' 

In the latest policy document the clause about the recovery of the bonus for employees who are exiting the company between was absent.

HCL&nbsp;Tech facing a bonus bombshell as news surfaced that India's fourth largest tech company was demanding bonus back from employees that were quitting.&nbsp; In a policy that has been in place since April and emailed as a 'reminder' in November&nbsp;that employees who were exiting the firm&nbsp; between September 2021 and March 2022, will be liable to pay back the bonus in&nbsp;full. Disgruntled employees are looking at a legal case against the tech firm.&nbsp;Harpreet Saluja, President, Nascent Information Technology Employees Senate (NITES), a union for IT employees, said &ldquo;We are in process of filing a court case against HCL Technologies against illegal bonus recovery policy and for refund of the bonus amount deducted to all employee." Saluja&nbsp;went on record to say that an official complaint has already been sent to the Labour Ministry.&nbsp; HCL&nbsp;Tech has however stated that the clause has been removed from the HR policy after the employees lodged their protest against the same.&nbsp; This however is not the first HR nightmare that HCL&nbsp;has faced. In December an American think tank has accused IT services major&nbsp;of wage theft by underpaying thousands of skilled migrants on H-1B visas. Read/Watch Also: <a href="https://www.editorji.com/business-news/hcl-tech-facing-allegations-of-underpaying-h-1b-visa-workers-vs-us-employees-1639363130985">Why HCL&nbsp;Tech is being accused of wage theft</a>

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