Moonlighting and hypocrisy of corporate India..
MOONLIGHTING CHECKS? WITHOUT FORENSIC TECH AND REGULATIONS? ARE YOU KIDDING US?
5.4 million people work in IT/ITES in India, churning $180 billion in revenue! Assuming 1-2 percent of 5.4 million engage in #Moonlighting, it is ~2-3 billion dollar business. Above number of Moonlighting percentage is based on a DUMB analysis of multiple PF active accounts , as identified through UAN number of the member employee. And they may call this finding "forensic" in nature. Laughable....More laughter than any stand-up comic can offer:2021 Wipro fired 300 staff, when they were found to be offering their Moonlight Services to Wipro's DIRECT Competitors. Any fool can guess, who are these DIRECT competitors, that Rishad Premji hinted at without naming them! Hilarious and horrible tale of ethics of these competitors gone to DOGs. Wonder, what hell will fall, if Rishad Premji named and shamed those competitor companies! AuthBridge, in an EBV check found that an IT employee was working with 78 Companies moonlighting! You will wonder, who is this boy dating 78 girlfriends at the sometime! One Wipro guy was found to be working with 15 employers at the same time, with all of them enrolled him for the Provident Fund scheme, using ONE UAN number! Now, you will wonder, how DUMB are our HR systems, that don't warn us of such illegal entries into the Government Portals! Neither do these Govt Portals and Agencies raise a RED Flag! Shame on us! While we respect and trust IDfy and AuthBridge , we need a REAL and EFFECTIVE Forensic technology to avoid such fraud!Find the money trail. the hawala and other payment trails including bitcoin, etc.
One person can't do 15 jobs or 78 projects..It is an industry! We are sitting on a time bomb! No client data and IP is safe this way! Huge risk and you can't thump your chest, identifying multiple PF remittances using a UAN check...Let's all grow-up!
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