Can an employer make you disclose a second job? Prevent you from having one?

[Anonymous]

Anonymous wrote:My contract has a non-compete clause. I can’t get a second job and can’t get another job within 50 miles if I quit.
If your contract doesn’t prohibit a second job, then I think you can do what you want.

You mean “at a direct competitor?”

Or like you can’t drive Uber on the weekends or get paid to teach dance at the Y or do people’s taxes for money, plus your fulltime day job?

[Anonymous]

Sure, especially if you are a lawyer but your ethical obligations would likely require you to not work in something that presents a conflict of interest .

[Anonymous]

I bet you people drive for both Uber and Lyft

[Anonymous]

Anonymous wrote:My contract just says I cant compete with my company, anything else is fine.

Same. I have some freelance work on the side, so I had to fill out a conflict-of-interest form. HR decided it wasn't a problem.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you work for a brokerage firm or bank, you have to disclose other employment to your employer and get it approved. Failure to do so is grounds for firing and if you are registered it will show up on your U-5. This is a FINRA (industry regulator) rule. If a firm doesn't ask about and police outside business interests, the firm will get in trouble.

Blah blah. Only if you are licensed at a BD. I did worry when overemployed I was regulated by NYSDFS at two jobs. Plus Finra and OCC and the BaFin

You are a fluent German speaker?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you work for a brokerage firm or bank, you have to disclose other employment to your employer and get it approved. Failure to do so is grounds for firing and if you are registered it will show up on your U-5. This is a FINRA (industry regulator) rule. If a firm doesn't ask about and police outside business interests, the firm will get in trouble.

Blah blah. Only if you are licensed at a BD. I did worry when overemployed I was regulated by NYSDFS at two jobs. Plus Finra and OCC and the BaFin

You are a fluent German speaker?

I guessing he worked for Deutsche Bank...

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you work for a brokerage firm or bank, you have to disclose other employment to your employer and get it approved. Failure to do so is grounds for firing and if you are registered it will show up on your U-5. This is a FINRA (industry regulator) rule. If a firm doesn't ask about and police outside business interests, the firm will get in trouble.

Blah blah. Only if you are licensed at a BD. I did worry when overemployed I was regulated by NYSDFS at two jobs. Plus Finra and OCC and the BaFin

You are a fluent German speaker?

I am an expert in BaFin. PRA and FCA in UK, Belgium bank laws and Japanese securities laws. How I do some second jobs. With remote I do other counties. Been to Germany 17 times for work. Now Japan I am like David Hasselhoff. I am big in Japan. I had balls to do a Bank of Tokyo paid trip and visit Mizuho and Mitsubishi and Hitachi. Overemployed in person.

Also CFTC, Crypto, Insurance I over employ across industries and counties.

Also people do LLCs I never bothered.

Hotspots are your friend as well as blurred backgrounds. I once use a pool float to block that I was in my car.

No one looks. No one cares. Why. They are doing it to

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you work for a brokerage firm or bank, you have to disclose other employment to your employer and get it approved. Failure to do so is grounds for firing and if you are registered it will show up on your U-5. This is a FINRA (industry regulator) rule. If a firm doesn't ask about and police outside business interests, the firm will get in trouble.

Blah blah. Only if you are licensed at a BD. I did worry when overemployed I was regulated by NYSDFS at two jobs. Plus Finra and OCC and the BaFin

You are a fluent German speaker?

I am an expert in BaFin. PRA and FCA in UK, Belgium bank laws and Japanese securities laws. How I do some second jobs. With remote I do other counties. Been to Germany 17 times for work. Now Japan I am like David Hasselhoff. I am big in Japan. I had balls to do a Bank of Tokyo paid trip and visit Mizuho and Mitsubishi and Hitachi. Overemployed in person.

Also CFTC, Crypto, Insurance I over employ across industries and counties.

Also people do LLCs I never bothered.

Hotspots are your friend as well as blurred backgrounds. I once use a pool float to block that I was in my car.

No one looks. No one cares. Why. They are doing it to

Are you from any of those countries originally or speak those languages? Overemployed internationally sounds good so you don't have so many overlapping meetings.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you work for a brokerage firm or bank, you have to disclose other employment to your employer and get it approved. Failure to do so is grounds for firing and if you are registered it will show up on your U-5. This is a FINRA (industry regulator) rule. If a firm doesn't ask about and police outside business interests, the firm will get in trouble.

Blah blah. Only if you are licensed at a BD. I did worry when overemployed I was regulated by NYSDFS at two jobs. Plus Finra and OCC and the BaFin

You are a fluent German speaker?

I guessing he worked for Deutsche Bank...

One of a few Allianz’s, Deutsch Borerse, plus companies with offices in Germany. Lately Portugal, India, Mexico, Singapore, Ireland, Belgium.

France is another Societe Generale I did a lot.

The key is time zones. And other counties are not as smart. Anything looks good.

I will start again once my team is up and running. The board is up my butt to ramp up. Another new hire Monday.

[Anonymous]

Anonymous wrote:If you work for a brokerage firm or bank, you have to disclose other employment to your employer and get it approved. Failure to do so is grounds for firing and if you are registered it will show up on your U-5. This is a FINRA (industry regulator) rule. If a firm doesn't ask about and police outside business interests, the firm will get in trouble.

Yup, Financial Adviser and I have to disclose my non profit volunteer board associations and I had investment property (former primary residence while waiting for the market to recover in the 2010s) that I had to disclose on my OBA (outside business activities). They’re generally pretty permissible though, as long as you are upfront.

[Anonymous]

My first job after grad school in healthcare was M-F 9-5 and I had a weekend job that paid more hourly than my FT job. I learned I was expected to be available on weekends for "health fairs" which I would not be paid for (maybe 1x/ month). I said I was not available and was called to the administrator's office to discuss why I was not "supporting the team." I said "because you pay me $16/ hour." I refused to volunteer my time and found a new job shortly after.

[Anonymous]

Anonymous wrote:I wonder how many people who referee HS games for pay disclose it to their primary employer.

Depends on whether they are required to or not, I suppose.

[Anonymous]

It would be in contract or staff policies. It’s usually not about any job, but related either to competition or conflict of interest situation. Doubt many workplaces will care if you Etsy on the side.

[Anonymous]

I work for local city government. We have to disclose a 2nd job. I think it’s because I’m theory it could impact our primary job?
I used to babysit on the side before I had my own kid and didn’t disclose that. A legit job paying taxes etc and I would have to