Companies are increasingly hiring forensic and employment verification companies to find out the moonlighters and review their compliance. The companies are also aiming to control the rules as the true extent of the problem emerges, a report in Economic Times (ET) said.
Although moonlighting has affected nearly all industries, IT services, ITES, media and consulting are among the worst impacted. During the Covid-19 pandemic, people opted to work as freelancers or in some cases, for the competitors of their current employers. This, along with Work from Home policies, has pushed up attrition rates in the industry.
In their financial results for