Matrix safety watchdog launches new moonlighting verify product

LONDON, October 31, 2023 – Matrix Safety Watchdog (MSW), specialists in all areas of UK and worldwide background screening and pre-employment checks, immediately introduced the launch of their newest product, the MSW Moonlighting Verify. 

Worker Moonlighting, outlined as people holding extra employment alongside their major job, has develop into a big concern in recent times and particularly within the present international value of residing disaster and evolving versatile work setting and there’s no doubt that these elements have contributed to a surge in second-job preparations. Addressing these considerations and supporting the well-being of each staff and organisations has develop into paramount. With these considerations in thoughts, the Moonlighting Verify has been developed as a multi-occupation screening evaluation that leverages Open Banking know-how to confirm a person’s employment and earnings particulars. 

Open Banking know-how permits MSW to entry candidates’ monetary knowledge safely and securely, shared solely with the candidate’s consent. This knowledge permits the identification of extra earnings sources, highlighting earnings that come from different sources past the first employer. 

Susie Thomson - Global Banking | Finance

Susie Thomson

Commenting on the launch Susie Thomson, managing director of MSW, stated: “Worker moonlighting isn’t unlawful within the UK. Whereas organisations can implement non-compete and moonlighting insurance policies and contracts to handle associated dangers, it’s not a authorized requirement. For a lot of residing by means of this powerful financial local weather, holding a number of occupations is a necessity, and organisations have an ethical responsibility of care to make sure staff are allowed to make sufficient earnings to outlive. Nonetheless, staff have to open about their extra employments. With out such transparency, there’s a threat of impacting each the worker and employer negatively.” 

Thomson emphasises the potential penalties of overlooking moonlighting points, together with an hostile influence on worker well-being, corresponding to power stress, poor work-life steadiness, conflicts of curiosity (e.g., knowledge misuse or the leakage of firm data to rivals), and misuse of firm assets, which might collectively diminish an organisation’s productiveness and efficiency. She states: “These elements can result in increased charges of workers absenteeism and monetary losses”. 

The Moonlighting Verify is designed to foster clear and efficient communication between organisations and staff. By guaranteeing that staff disclose secondary employments, this evaluation helps organisations higher perceive their workforce’s commitments exterior their major roles. 

Thomson feedback on the importance of this product: “At MSW, we’re dedicated to providing cutting-edge options that deal with the evolving panorama of employment. The Moonlighting Verify underscores our dedication to selling well-being and fostering sincere, open relationships between organisations and their staff. We imagine that this instrument will show invaluable in managing Worker moonlighting and its potential results on each people and companies.”