Would love to see these sort of policies be applicable for senior members who sit of countless boards of other companies as well.
In Wipro's case the employees were working for competitors not just doing the same kind of generic work; I'm pretty sure that most companies would object to that rather strongly.
I wasn’t surprised by this. If your contract is one for a professional, knowledge worker type role and you’re paid according to your results or output, then the company wants you to focus all of your working attention on it. If you’ve got mental capacity to do more work, do it for them, get rewarded accordingly.
Nope. Same companies have an overtime clause that allows them to pay you absolutely zero for that extra work.
Not where I live they don't! And they can't require unlimited overtime either.
The problem was not that they did work on the side, the problem is that they did it for the competition. The CEO notes it would have been different if the employees had been working on side projects of their own.
Those can definitely be the same thing (in America).