Swiggy launches Moonlighting policy for its employees
Foodtech decacorn Swiggy has introduced an industry-first Moonlighting policy for its employees. This comes soon after the announcement of the permanent work-from-anywhere policy by the Bengaluru-based company.
Under the policy, Swiggy employees can take up external projects for pro-bono or economic consideration based on internal approvals. This could encompass activity outside of office hours or on weekends that does not impact their productivity on the full-time job or have a conflict of interest with Swiggy’s business in any way.
The company further added that the policy prescribes guidelines that employees must adhere to while pursuing moonlighting projects. Projects that pose a higher risk of conflict of interest or interference with the employee’s duties to Swiggy will be subjected to an approval process.
The policy is available to all full-time employees of Bundl Technologies, including subsidiaries, affiliates, associates, and group companies.
Swiggy has launched back-to-back employee-focused programs and initiatives in the past few months. In June, The company initiated its employee stock ownership option or ESOP liquidity program worth $23 million. During the same time, it rolled out a new program, Build Your Own Dollar (BYOD) wherein Swiggy employees can choose to invest in Swiggy ESOPs.
Swiggy seems to be a fascinating startup with a motivating turn of events on the technology, information and internet platform. Best wishes for the new startup business venture. I know that the team worked incredibly hard on it. I wish them great success in the future!Shishir Gupta, Founder and CEO, StartupLanes
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