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Hi, I’m Brad Feld, a managing director at the Foundry Group who lives in Boulder, Colorado. I invest in software and Internet companies around the US, run marathons and read a lot.

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The Real Paid PAID Vacation Policy

Comments (358)

Last week my friends at FullContact announced a new paid vacation policy and wrote a post about it titled Paid Vacation? That’s Not Cool. You Know What’s Cool? Paid, PAID Vacation.

FullContact will now pay an employee $7500 to go on vacation. The rules are simple:

  1. You have to go on vacation.
  2. You have to disconnect entirely (no phone, no email).
  3. You can’t work.

If that whets your appetite, take a look at the presentation about the new policy.

It was fun to watch this go viral and get picked up nationally on programs like Good Morning America and Fox News with Neil Cavuto.

Hiring great people is intensely competitive in my world. While part of this is around recruiting, a bigger part is creating an environment where these great people can periodically disconnect and recharge their batteries. I love the creativity of FullContact’s approach to Paid PAID vacation. And yes – FullContact is hiring.

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