Just wanting to get some input from you guys whether I should disclose that I'm working on a tech startup outside business hours? I'm in insto banking & I have more spare time up my sleeve than the average IBD analyst so I don't anticipate it to have any affect on my job performance however there is a clause in my contract regarding external directorships including that they need to be disclosed/approved by compliance and they may require me to resign from any external directorships that conflict with my role. Obviously I wouldn't want to give up this opportunity since there is a lot of potential for my project to blow up (i think it's pretty fucking cool).
Additionally, even though my startup has nothing to do with banking, I'm concerned about the proprietary works clause in which my employer is assigned all intellectual property rights created by me during the course of my employment.
What is the best strategy here? Do I disclose and compromise my job security or do I keep it on the DL hoping they won't find out by some other means? Does anyone have any experience with this sort of thing? We're looking to incorporate within the next couple of weeks so any serious advice would be much appreciated.
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