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FullContact CEO Bart Lorang on why the company is giving its employees $7,500 if they take a vacation, as long as they follow three rules.
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I love my job and we don't get me wrong but I have found the company that I wanna work for next the Denver Colorado software provider full contact is -- its employees 7500.
Box.
To -- -- -- kitchen.
That there are few roles.
There's nothing I can't live with first of all employees have to go on vacation in order to get paid big got to go on vacation that's fine by -- second.
They have to disconnect entirely that needs no phones no emails.
Without when I think I don't know I love my email -- I I can work -- -- -- the third one you can not work.
That -- I can definitely do joining me now to explain why he feels compelled to pay us.
We're not being -- work.
Is CEO Bart lowering Bart thanks so much for joining us today in you look very indication -- relax there when your sunglasses and the whole thing.
You just love vacationer is there are business idea in colonel behind this plan.
I do a vacation and thanks Melissa -- me on but they're certainly business reasons behind this.
We feel that happier healthier employees while rest employees -- or more productive.
And the business becomes more sustainable.
When you build in sort of these controls in place that allow it to you it you know survive single points of failure.
Yet -- -- software company full contact we wanna get that in narrative but we believe world where our customers and the people that we work with.
Do you expect us to respond to email even when you're on vacation so this be good for your employees but how customers feel about it.
-- we've had no complaints for our customers like -- set.
We have backups for every single employee and we've developed we sort of pair on relationship building.
So regardless everybody sort of expects that this will happen and shares knowledge -- with their peers so that there is no single point of failure.
Yet so I'm suspecting is -- we that this is sort of being very very clever maybe PR gimmick I mean here you are on our show.
And you know you did happen to Wear T shirt that coincidentally has been -- you have your company on the front of it.
I give you props for being very clever but is this a PR stock.
This is not a -- and I don't expect the response we've had at all this is just for our employees and just for recruiting retention.
And it's been picked up and went viral on the Internet.
And up people just edition of nerve I think it's the coupling of -- the cash.
But also the fact that we see you've got to disconnect from these devices yeah not healthy to be connected these devices.
And you're not kidding about recruiting because in all seriousness I mean it is very hard to recruit software engineers right now you have one of the fields where it is hard to come by employees I think you have more than.
When you have a lot of openings right you are trying to hire right now.
-- virtually every tech company has a lot of openings we compete with Google FaceBook Twitter you name it.
And it's very hard to differentiate yourself and recruit high -- talent there's just serious shortage.
In our industry right now.
Yes sir how many people do you need and you -- -- news anchor I need to its.
Well not yet but maybe we'll say okay PTV might seriously now how many people you look at -- higher.
We'll look at how about a dozen of the next six months while okay.
Our I think he's so much for coming on Bart Lorraine XTO full contact wanna get your plug in their Wear your nice come on tonight -- -- fun story I think that yeah.
