PayTM and it's anti-compete is making me suffer🚨
I can't join any of these 11 companies anymore: PhonePe GooglePay RazorPay PineLabs Cashfree Payments AmazonPay WhatsApp Pay Zerodha Groww Park+ NPCI What should I do next? I think my career has reached a dead end.
DaringTrain
Stealth
5 months ago
Non compete is not enforceable in India. You should talk to a lawyer friend and understand specifics of your contract. The article below is an interesting read
https://www.linkedin.com/pulse/enforceability-non-compete-clause-under-employment-contracts-ali?utm_source=share&utm_medium=member_android&utm_campaign=share_via
DaringTrain
Stealth
5 months ago
And Paytm considers NPCI as a competitor. No wonder NPCI doesn't mind screwing them over
BiryaniEnthu
Stealth
5 months ago
How high up in hierarchy are you? If you have/had access to sensitive information, probably them Paytm will consider fighting this non compete, if they do even
Else you are fine as you are
BiryaniEnthu
Stealth
5 months ago
You just overthought this. Go ahead apply to all, target NPCI 😅
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It’s illegal. it’s added just to scare of employees. Plus do these competitors companies even care about these clauses ? Am guessing not. Otherwise no one can hire anyone ever
TonyStark1
Stealth
5 months ago
Non compete is not enforceable. They will only be wasting their time should they choose to try to enforce it. The only value it has is to scare the employee.
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Nobody cares about the non-compete. Have you come across recruiters that do care about it? Do let us know.
Anti compete is illegal. Call up a labour lawyer and fight it out.
😂😂
Are these the only companies left in the market!
Talking about career end??
Are these the only companies that you're targeting, I guess No ! Don't panic around anything , khali baithe kuch bhi timepass krne ke liye. Research , talk, discuss and there are tens of thousands of companies. It seems like every other company rejected you and all of them had an offer for you.
@SdeDrama What is this toxic behaviour bro? I will obviously apply to companies in the same industry na? Imagine what if you couldnt join PWC, EY or KPMG
redWiper
Student
5 months ago
There is a time period as well with non competes, so maybe get a sense of it. Should be around 6-12 months, from what I see in another industries.
Or tactically, you can just quit Paytm and get all the exit formalities done without telling them you are going to one of these companies (don't tell manager/ update on LinkedIn etc).
Once they complete FnF, give the exit letters etc, go about your life. Legally non competes are not super enforceable, specially if you don't have any sensitive info. So unlikely they'll come after you.
KhattaAngoorrr
Stealth
5 months ago
I broke this thing 2 times and nothing happened. Companies have better things to do than go after a Dev joining a competitor. Even if they do, your one answer is - they cannot snatch the right to livelihood. Even supreme court won't decline this part.
Sentipanda
Stealth
5 months ago
If you are in a role that reports to executive leadership then you may have to cross check with a lawyer. If ain’t then you are overthinking.
Paytm is laying off people left right and center.. enforcing non-compete is least of their worries (unless you are some dude in top ranks)
Unless you are C-suite executive, they don't give a shit about you. Join wherever you wish to.
You can join PayPay (pay2DC in India) which is basically a UPI superapp for Japan.