08/10/2022 - Economy

KEY POINTS

·        Kotak Securities said in a study that at least 60% of 400 employees surveyed said they themselves had, or knew someone who had engaged in moonlighting.

·        Moonlighting is subject to law of the land. The sphere of employment cannot be extended by the employer beyond working hours and outside his place of employment, which is the principle laid down in the above judgment.

·        The Courts of law in India dealing with employment are Writ Courts and Labour Courts.

·        These Courts exercise jurisdiction based on equity or fairness. Therefore, the Courts may lean in favour of the employee unless the contravention of the employee has led to serious prejudice and loss to the employer, he adds.

·        The Minister of State for Skill Development and Entrepreneurship, and Electronics and IT, said that employers should not to suppress employees who want to monetise, develop and demonstrate but also urged employees not to violate their agreements with employers.

·        In today’s world, every company ought to have a gig economy strategy. Not having one is like missing the Internet revolution of 1990 or the mobile revolution in 2010.

·        In the last century, work from home was never thought of. But in the current times, it has become a common norm.

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