Moonlighting is the practice where an individual takes up a second job while being on the payroll of a company. Here the “moon” reference is used because most people do their primary job in the daytime and take the secondary work at night.
Shashwat Amrev spotlights moonlighting on his social media pages and how moonlighting has affected the system. Major IT companies like TCS, Infosys, and Wipro stated that they would delay or reduce the variable payout to employees for FY 2023 first quarter due to weaker margins, leading to the rise in moonlighting. The WFH model led to several employees taking up parallel gigs to earn extra income and gave rise to moonlighting amongst professionals in India, leading to compliance issues within companies. In August, Swiggy, a food delivery platform, announced an industry-first ‘Moonlighting policy’ and allowed its employees to work on other projects under certain conditions after working hours.
Days after Swiggy’s announcement, Rishad Premji, Wipro chairman, termed the concept of moonlighting as cheating. Wipro has taken a tough stand against employees involved in moonlighting and sacked 300 employees. But, Moonlighting gets the government’s thumbs up. Minister of State for Electronics and IT Rajeev Chandrasekhar said that Companies that try to prevent employees from working on their startups or consulting for other firms are undertaking a “doomed-to-fail exercise”.
Shashwat Amrev is a well-known stock market trader, he is also Chhattisgarh’s youngest certified ethical hacker as well as a forensic expert. After achieving his education goals Shashwat Amrev started sharing knowledge on Instagram through his company Instagram, Shashwat enlightened people with basic tech information like daily stock market updates, recent happenings, etc.
If you are looking for some stock market insights, then Shashwat Amrev has got you covered for that as well. On his other company’s page (@stockmarket.edges) you will find everything about trading and the stock market. From Adani to Jhunjhunwala and everything in between, Amrev has got your covered. You can also get courses and mentorship at Stock Market Edges. This page has more than 300k followers and people cannot stop bathing the boy in love and support. His Instagram is @shashwat_amrev
You see, Shashwat Amrev has used content creation to reach millions. But why give this free-of-cost knowledge? He says, “We are living in a technologically driven era where advancement is a minute ahead. Trading is a thriving field, and therefore, everyone must know about its basics at least. Moreover, I wish to benefit as many people as possible.”
If you think that Shashwat Amrev has kept his knowledge restricted only to social media platforms, then no! He is also the author of two books titled, “Learn Ethical Hacking” and “How To Earn Being 16.”