Work-shy indulged, oddly (4)
I believe the answer is:
idle
'work-shy' is the definition.
('idle' can be similar in meaning to 'work-shy')
'indulged oddly' is the wordplay.
'oddly' indicates alternate letters.
The alternating letters of 'indulged' are 'IDLE'.
(Other definitions for idle that I've seen before include "Lied about doing nothing" , "Reluctant to work - Pythonesque Eric" , "Circus entertainer" , "Unoccupied (time); run (engine) slowly" , "Explosive stuff" .)