Billion dollar payment company Bolt moves to a 4 day week
Bolt, a fast-growing fintech startup that makes a one-click checkout platform for online retailers, knows that one of the risks it faces is that its employees will burn out from the demands of the job. That’s why the company became the first tech unicorn to try a four-day work week.
It’s part of the nearly 300-person company’s larger approach to building what it calls a “conscious” business culture. “It’s all about keeping standards of execution high, while still putting the team’s health and well-being first,” says CEO Ryan Breslow.
For the next three months—and permanently, if it works out well—the company is giving employees every Friday off. (Customer-facing teams are the exception, working in shifts to ensure that there’s always coverage, but everyone still gets a four-day schedule). The company has a suggested out-of-office message: “I’m out of the office today because we’re working consciously here at Bolt and are currently experimenting with a four-day workweek. I’ll be back in touch with you on [Monday].”
Read more on Fast Company: https://www.fastcompany.com/90678612/this-tech-unicorn-just-shifted-to-a-4-day-work-week