OUTSIDE EMPLOYMENT POLICY
Our Company understands that, sometimes employees wish to work or hold an outside employment job to fulfill their income needs. The objective of this policy is to maintain the highest standards of performance, integrity, and professionalism within the company, thereby safeguarding the interests of the Company and ensuring that any external employment activities do not compromise the quality or commitment of our employees in fulfilling their roles.
- PURPOSE
- The purpose of this policy is to establish clear guidelines and procedures for employees engaged in additional employment or business activities outside their primary job with the Company. This policy aims at maintaining an inclusive, safe and productive workplace for every working individual in our company.
- SCOPE
- This policy applies to all employees, including full-time, part-time, temporary, at all levels within the Company. In circumstances where an employee’s action involves a breach of this policy, the Company might take disciplinary or termination actions based upon the set guidelines in this policy.
- DISCLOSURE OF OUTSIDE EMPLOYMENT
- Employees are expected to disclose any outside employment or business activities to the Company or Concerned Authority in writing.
- This disclosure shall include details of the additional job, work hours and how it will be managed by the employee so that it does not hamper or restrict the functional activities of the employee with the Company.
- Failure to disclose such information or outside employment activities may result in immediate termination of employment.
- PROCEDURE
- We are dedicated to maintaining the highest levels of integrity, transparency and fairness in all our business dealings. If an employee's outside employment presents a conflict of interest with the Company or if such outside employment has any potential for negative impact on the Company, the employee will be asked to terminate the outside employment.
- Employees shall not use Company’s sick or paid leaves for outside employment work.
- The work undertaken by our Employees on behalf of [INSERT THE NAME OF THE COMPANY ] should be their primary professional commitment, and as such, it is expected that this commitment does not come into conflict with any outside employment, business activities, or other professional engagements. It is essential that employees give their undivided attention and commitment to their responsibilities within [INSERT THE NAME OF THE COMPANY], ensuring that their performance is not compromised by any external commitments. This includes dedicating their full working hours, focus, and efforts to their role within the company and ensuring that their outside employment does not hinder their job performance in any way.
- The Employees shall not, directly or indirectly, engage in or be involved with any outside businesses or activity that competes with our Company's business.
- USE OF COMPANY RESOURCES
- Employees may not use Company Resources or work equipment such as laptops, mobile phones provided by the Company for outside employment.
- Employees are entrusted with the responsible use of company resources, which include but are not limited to physical assets, intellectual property, equipment, time and information technology. Using or disclosing Company’s confidential or proprietary information to outside employment is strictly prohibited.
- DISCIPLINARY ACTIONS
- Employees may face disciplinary action depending on how they violated this policy. Breaching our non-compete and confidentiality agreements results in immediate termination. We may also take legal action if you disclose sensitive and confidential information about our employees, clients or business.
- CONFIDENTIALITY, INFORMATION SECURITY, PROPRIETARY INFORMATION AND INTELLECTUAL PROPERTY
- We are committed to business information confidentiality, integrity and accessibility, we implement proper technical security measures and it is our staff’s obligation to uphold this. Proprietary information includes all non-public information that might be harmful to the company or its customers, business partners if disclosed to unauthorized parties. All staff must handle any such information as secret. It also covers that, no one is entitled to trade with securities while in possession of non-public information or deliver non-public information to others that could have an impact on the securities. Every rule ensuring information security must be followed all the time.
- Employees must maintain the confidentiality of the company and client information. Sharing sensitive information with unauthorized individuals is strictly prohibited.
- COMPLIANCE
- Compliance with this policy and applicable laws should be regularly monitored and audited to identify and address any potential gaps or non-compliance.
- Any identified breaches or non-compliance should be promptly investigated and appropriate corrective actions should be taken.
- CHANGES TO THE POLICY
- We reserve the right to update and make changes to this policy from time to time based on the working conditions of the Company. The Company on updating this policy will inform the members of the Company.
- FURTHER INFORMATION
- For any queries or further Information regarding our Company or about this Policy, the concerned person can contact us through email [INSERT THE EMAIL ADDRESS OF THE COMPANY]
- ACKNOWLEDGEMENT
- We expect all employees to adhere to this policy of the Company. The Company will apply this policy consistently and fairly to ensure a harmonious and productive workplace for all.
- By signing below, you acknowledge that you have carefully read and understood the terms and contents of this policy.
- You acknowledge that you will follow the set guidelines of this policy as well as of the Company and failure to do so; the Company can take Disciplinary action against such person.
COMPANY [INSERT THE NAME OF THE COMPANY]
Authorized Signature
Print Name and Title
[INSERT THE NAME OF SIGNING AUTHORITY AND/ OR DESIGNATION]