xto10x rolls out moonlighting policy for employees

xto10x, a scaling platform for growth-stage start-ups, has rolled out a moonlighting policy that allows employees to undertake other professional pursuits while working full-time.

The company has also rolled out a host of other practices such as unlimited time off, remote-first way of working, etc.

The company said employees are required to disclose their terms of engagement in the “spirit of transparency” but there are no approvals required.

Rather than establishing a central committee to monitor and approve these pursuits, the company believes team members are professionals who can make decisions responsibly.

Employees at the firm are encouraged to explore and experiment with different opportunities to grow professionally and personally. Team members can seek guidance from their functional leaders when in doubt if the engagement leads to a conflict of interest, the company said in a statement.

“Trust is the foundation of our team’s success. Our belief is that people should be able to pursue their passions alongside their full-time jobs since this can aid them in excelling at the company as well. As an employee-centric organisation, we believe in creating a work environment where employees can thrive. This is yet another of our employee initiatives to build a workplace of the future,” said Neeraj Aggarwal, co-founder and COO.

Discover the stories of your interest



“As a team, we trust our members to make the right decision about what engagements to take on and to disclose if they’re getting paid for them. They do not have to obtain approval for pro bono or paid work as long as it does not harm xto10x interests,” he added.
xto10x was founded by Binny Bansal, Saikiran Krishnamurthy, and Neeraj Aggarwal in 2018.

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.

For all the latest Technology News Click Here 

Read original article here

Denial of responsibility! TechAI is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.