Denver company pays $7,500 for employees to go on vacation, needs workers
DENVER — It’s the classic story of supply and demand. Today’s demand in the job market is for software engineers, the supply is, “very low, scarce,” says CEO and co-founder of FullContact Bart Lorang.
FullContact is a software provider company in Denver. “FullContact fixes people’s address books. We like to say that if you have an address book, you have an address book problem. We fix that,” says Lorang.
His software engineers do the fixing. But software engineers are like hens teeth, finding them is hard enough, but keeping them is the challenge.
Lorang had an idea, the paid paid vacation. The idea came from a picture of Lorang himself. He is sitting on a camel, in Cairo on vacation, with majestic and ancient pyramids in the background. Bart Lorang, on his camel, is seen texting on his smart phone.
Now employees at his business will “get paid while they’re on vacation, but we also give them a vacation bonus for them to go on vacation.” That bonus is $7,500.
FullContact engineer Robbie Jack took Lorang up on his offer. “The biggest benefit is when you get back. You’re so much more invigorated, recharged.”
There are a few conditions, however. No smart phones, no iPads, no laptops…in short, off the grid. “It was hard initially but once I got off the grid I was very happy,” says Jack. “Absolutely fantastic. I mean you get so used to waking up to emails in the morning,” says fellow engineer Kyle Hansen.
Lorang is hoping to set his company apart in the tech community in order to keep top talent. And if it means paying his employees to take a really nice vacation, well, we don’t hear any arms being twisted.