PeppyCoconut
PeppyCoconut

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.

12mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
SwirlyHamster
SwirlyHamster

Why can’t you join ?

PeppyCoconut
PeppyCoconut
PayTM12mo

@WhoKnowsMyFate I am scared what if they try enforcing it.

SwirlyHamster
SwirlyHamster

The problems they currently have in their business I bet you are the least of their concern

ZestyQuokka
ZestyQuokka

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

PeppyCoconut
PeppyCoconut
PayTM12mo

@BiryaniEnthu Most likely fine as I am then. Not senior enough. hahaha

ZestyQuokka
ZestyQuokka

You just overthought this. Go ahead apply to all, target NPCI 😅

PrancingBiscuit
PrancingBiscuit

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

PeppyCoconut
PeppyCoconut
PayTM12mo

@ScaredEngg Got it. Thank you so much.

PrancingPotato
PrancingPotato

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.

TwirlyQuokka
TwirlyQuokka
PayTM12mo

Nobody cares about the non-compete. Have you come across recruiters that do care about it? Do let us know.

PeppyCoconut
PeppyCoconut
PayTM12mo

@Thunderstruck Is it unenforceable?

WigglyUnicorn
WigglyUnicorn
PayTM12mo

😂😂 Are these the only companies left in the market! Talking about career end??

PeppyCoconut
PeppyCoconut
PayTM12mo

@NumbDreamer If I am in Fintech I would want to stay in FIntech for now.

GoofyPotato
GoofyPotato

AmEx Visa JPMC GS Arcesium Wells Fargo Citibank DBS many others are there.

SnoozyWalrus
SnoozyWalrus

Anti compete is illegal. Call up a labour lawyer and fight it out.

PeppyCoconut
PeppyCoconut
PayTM12mo

@DarlesChickens Not had the opportunity to yet but still.

GroovyBurrito
GroovyBurrito
Upstox12mo

How are you getting so many calls man?

PeppyCoconut
PeppyCoconut
PayTM12mo

@VijayDinanathChouhan Market is good for my role

WobblyMuffin
WobblyMuffin

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.

PeppyCoconut
PeppyCoconut
PayTM12mo

@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

SillyKoala
SillyKoala
PayTM12mo

@MutedString , does this rule for all employees??

PeppyCoconut
PeppyCoconut
PayTM12mo

@SaltyEthyl77 I dont know. Mostly yes.

WigglyUnicorn
WigglyUnicorn
Meesho12mo

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.

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After postpaid feature missing, I guess it's time to uninstall Paytm?

What do u think 🤔

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