My friend wants to establish a startup. He is currently working in a startup company with two year bond. Simply he wants to know whether it is ethical to work for his startup while working for the company or should he leave the company by paying the bond amount.
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4read the contract– HilmarApr 28, 2019 at 14:11
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3Where is this (country, province, state)? Employment law varies a lot.– Patricia ShanahanApr 28, 2019 at 14:21
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If your friend's startup is in the same industry as the one he is working for, it may constitute a conflict of interest.– JustSayingApr 28, 2019 at 17:56
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2What is a 'bond'?– Dave GremlinApr 28, 2019 at 18:01
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1Tagged as india, as that's the location given on OP's profile.– Bernhard BarkerApr 28, 2019 at 19:22
1 Answer
Your friend should read the contract he signed with the startup he's currently working for.
In most jurisdictions, it is legal to have two jobs, but he may be covered by specific laws, or may have agreed not to.
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1"It's perfectly legal to have two jobs" - this may not be true for every country or state. For what it's worth, OP appears to be in India. Apr 28, 2019 at 19:25
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@Dukeling: Yes. I edited to mention that there may be laws forbidding two jobs.– sleskeOct 9, 2019 at 6:44