A Paid, PAID Vacation !!
Full Contact is a privately held consultancy that provides cloud-based contact management solutions for businesses,developers and individuals. Headquartered in Denver, Colorado, US. And has offices in Dallas(US),Latvia and India.
WHAT IS THIS HR INNOVATION ABOUT?
Once a year, each employee is given $7500 to go on vacation.
The catch? Is that employees have to :
•Actually take a vacation to get the money.
•Disconnect from work — meaning no calls, emails, social media updates.
•Can’t work while on vacation.
WHY WAS THIS INNOVATION IMPLEMENTED?
It was implemented by the CEO of the company Bart Lorang who always failed at disconnecting from work, hence he made it his mission to introduce the Paid, PAID Vacation to ensure the health of his employees and reward their hard work, which in turn will ensure the health and success of his business.
WHAT ARE ITS MAIN BENEFITS?
The company’s CEO emphasized that time to disconnect is absolutely necessary to the health of employees and the company. He also states that when people know they will be disconnecting for an extended period of time, they might actually keep that in mind as they help build the company. For example:
They would empower direct reports to make more decisions. They would be less likely to create a special script that isn’t checked into GitHub and only lives on their machine.
They might document their code a bit better. They might contribute to the Company Wiki and share knowledge.”
COUNTRY:
United States
YEAR:
2012
SOURCES:
https://www.fullcontact.com/blog/paid-paid-vacation/