Coinbase promises to give employees a week break each quarter in 2022
Coinbase, the largest cryptocurrency exchange, has revealed in a recent blog that the company will be giving relaxation time for every one of its employees. As per the blog, each individual from the company will receive a week's long holiday in 2022 in every quarter of the year.
Coinbase gives 'recharge time'
As per the Coinbase blog, the 'recharge time' will help employees rest after their hard work every quarter. The blog also stated that nearly the entire company would be shut down during these recharge phases. There will be a total of 4 such recharge weeks allotted to the employees in the entire year.The reason for this decision is the hard work that the employees have to do in the firm following the massive expansion of the firm and the cryptocurrency industry as well. The blog said that the workload "is only magnified by the current moment in crypto, and it often results in long days and long weeks."
'Act like the owner'
Coinbase revealed in the blog that every employee of the firm needs to have an owner-like mentality, i.e., they need to take 100% responsibility for completing the mission of the cryptocurrency services provider."We also empower them to work in the way that's best for them and to rest and recharge between their sprints," said the blog.Coinbase revealed that it follows a Flexible Time Off (FTO) policy with its employees, which has enabled the firm "to hire top talent from around the world and earning positive reviews from our employees."
As per the blog, Coinbase found out that in 2022, the employees didn't take much time off because either "they didn't want to force their teammates to cover for them or because they didn't want to fall behind on their work." As a result, the 'recharge time' will help the employees.
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