Tech CEO axes incredible progressive perk
after accusing his laziest employees of
abusing it
Daily Mail,
by
Alyssa Guzman
Original Article
Posted By: sunset,
7/5/2025 12:36:02 PM
A California tech CEO changed his company's paid time off (PTO) policy after he said his laziest employees were abusing it. Ryan Breslow, the founder of Bolt, announced on Tuesday that his San Francisco-based payment technology company would be axing unlimited PTO - a common perk in the industry.
But Breslow said the incentive wasn't working and that his top performers were more burnt out than ever, while his laziest were enjoying too much time on the beach. 'It sounds progressive, but it's totally broken,' he said of the policy in a LinkedIn post. 'This leads to A-performer burnout. B-performer luxuries. And feelings of unfairness across the board.
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Reply 1 - Posted by:
mc squared 7/5/2025 12:38:56 PM (No. 1973240)
To quote a TV kid: 'Gee Wally, they weren't going to work but getting paid?'
19 people like this.
I saw the same thing at my company- especially among employees from Pakistan , India and Muslim countries where they would go home several times a year for a month at a time while we were required to cover for them.
18 people like this.
Reply 3 - Posted by:
itsonlyme 7/5/2025 12:54:27 PM (No. 1973245)
From the article:
"unlimited PTO"
Beach ball, All-Day "Happy Hour", Shopping galore, etc.
Work is for other "people"
12 people like this.
Reply 4 - Posted by:
Peregrine 7/5/2025 1:09:36 PM (No. 1973248)
I saw the same thing among teachers. They were given x number of days for sick leave and many would take every single day. I thought we had a very sick faculty.
14 people like this.
Reply 5 - Posted by:
Highlander 7/5/2025 1:10:57 PM (No. 1973249)
As in any man-made utopian society, the lazy benefits the most while the producers struggle to maintain the community. I learned about New Harmony, Indiana while visiting there, It had the same phenomenon happened with the utopians who tried pure socialism before collapsing.
13 people like this.
Reply 6 - Posted by:
JrSample 7/5/2025 1:14:28 PM (No. 1973251)
Not being a ''tech CEO'' I just have to ask how they couldn't see this coming?
26 people like this.
Reply 7 - Posted by:
montwoodcliff 7/5/2025 1:16:15 PM (No. 1973253)
This young guy is cruel and heartless! I wonder if he consulted first with Trump before doing this. What is more important than eliminating the PTO is that he eliminated the HR department, thereby saving his company from a lot of grief. I’ll bet he doesn’t do DEI either.
8 people like this.
Reply 8 - Posted by:
wilarrbie 7/5/2025 1:18:08 PM (No. 1973255)
Well, DUUUH!
9 people like this.
Reply 9 - Posted by:
MickTurn 7/5/2025 1:33:03 PM (No. 1973258)
Commie Wokie Brokie, welcome to Hades!
5 people like this.
Reply 10 - Posted by:
Charlesqx 7/5/2025 1:51:20 PM (No. 1973263)
FTA comments, "There were a lot of Americans who couldn't believe how many holidays us Australians and Europeans get. At the time we got 4 weeks annual holiday plus statutory days off, time off if we'd worked overtime and we could roll it over to the following year if we didn't use it all." Wait until Trump corrects the years of trade imbalances with the tariffs, then you Australians and Europeans won't have all that "Free" time on your hands anymore that "WE" americans have been subsidizing from our hours of work and sweat!
22 people like this.
Reply 11 - Posted by:
DVC 7/5/2025 2:00:48 PM (No. 1973265)
Discovering that Marxist mindset doesn't work....for the 10 millionth time.
22 people like this.
Reply 12 - Posted by:
chumley 7/5/2025 3:47:19 PM (No. 1973275)
I used to work at a utility plant that was only manned one man deep and was a 24 hour operation. One employee thought his job was to call in sick, because he did it every time he accrued a day, or there was a good game on, or if he was hung over or just didnt feel like coming in. I got nailed for the overtime every single time. Finally I filed an abuse of sick leave complaint All they did was send out a passive aggressive management e-mail about taking care of each other. When I retired Mr Worthless was still there and still pulling the same carp while management ignored it.
The one nice thing is that in retirement, I am taking their money for the rest of my life and delivering diddly squat.
9 people like this.
Reply 13 - Posted by:
Msquared112 7/5/2025 3:50:58 PM (No. 1973276)
That's what DEI does, dude. It elevates the slackers and the incompetent at the expense of good workers. DEI kills everything it touches.
14 people like this.
Reply 14 - Posted by:
Felixed 7/5/2025 3:55:31 PM (No. 1973277)
To each, according to their need.
From each, according to their ability.
Woke-isms meet human nature - why, after sooooo many examples is this pattern still a blind date?
10 people like this.
Reply 15 - Posted by:
Californian 7/5/2025 4:15:45 PM (No. 1973282)
Critical detail missing from this.
I worked unlimited PTO jobs for 20+ years.
It is NOT "Unlimited PTO".
It is "Unlimited PTO with your manager's approval". Which means his mid level managers were failing to properly police the policy. I've never been at a place where anyone abused it because we always had real managers and quickly fired the kind of bad hires who would have abused it. That sort of bad attitude becomes obvious long before they get a chance to abuse the PTO policy with a weak manager.
4 people like this.
Reply 16 - Posted by:
anniebc 7/5/2025 4:58:07 PM (No. 1973287)
Still new for me, but I think unlimited PTO mostly works to the employers benefit. I had earned five weeks of use it or lose it PTO before my company went to UPTO. There's no way I'll use five approved weeks now since manager approval is required. If I leave the job, the company owes me nothing for unused time. I tend to agree with poster #15. Managers (and I'm one) can say yes or no to requests for time off, so the responsibility to ensure there's no abuse is on us. We stand between the worker and the man. However, the request for time off does not include sick, extreme weather related time off, or bereavement time. Not sure about the other components of paid time off. For now, it seems more oppressive than progressive over here.
2 people like this.
Reply 17 - Posted by:
czechlist 7/5/2025 5:43:57 PM (No. 1973296)
I was a manager at a major defense contractor. I supervised a represented hourly employee who was on FMLA because of his wife's medical needs. He would stop in to my iffice several times a week to tell me he had to leave and tend to his wife's needs. After a few months he transferred to a sister company and I found from other employees that he wasn't taking care of his wife but was playing golf.
5 people like this.
Lazy people have mad skills. I noticed this when we had a Katrina shelter and our guests were on fire to get information on where to go to change the address of their benefit checks. They KNOW how to work the system.
As to foreigners taking a month off to go home. They did not grow up in capitalism and they don't get the concept of intensity in the work force. They think education is the key to job status, but in America it is the results and quality of your labor that gets you to the top. It is a cultural disconnect.
4 people like this.
Reply 19 - Posted by:
Strike3 7/5/2025 6:17:52 PM (No. 1973309)
A good CEO needs to know the nature of people. Some work more than they asked to, others will abuse every break they get and do very little when they are supposedly working.
2 people like this.
Reply 20 - Posted by:
mifla 7/5/2025 6:59:20 PM (No. 1973314)
Unlimited PTO. What a stupid policy. Of course it was abused.
If I was repeatedly assigned more work because others wanted a month or two off, with pay, it would not take me too long to figure out that I should leave the company or take PTO myself until the deadbeats came back to work.
4 people like this.
Reply 21 - Posted by:
chance_232 7/5/2025 7:05:34 PM (No. 1973316)
Only a graduate of a liberal ivy league university could come up with this, think it was a good idea and believe that it wouldn't be abused.
This is yet another shortcoming of liberals. They just assume that everyone will always do the right thing out of their sense of moral superiority. Well, except for those knuckle dragging mouth breathing Republicans. They tend to view foreign relations and human nature thru Berkley shaded rose colored glasses.
2 people like this.
Reply 22 - Posted by:
kono 7/5/2025 7:12:27 PM (No. 1973318)
In the late '80s, it was common in tech for people to call in "sixck" (sick of work), and tech companies experimented with treating sick and vacation as just PTO. That quickly led to most people using all their sick days every year. And what had started as a way to attract talent wound up attracting slackers.
2 people like this.
Reply 23 - Posted by:
kono 7/5/2025 7:14:40 PM (No. 1973319)
(not "sixck"... just "sick" Sorry; can't blame that on auto-corrupt, either)
0 people like this.
Reply 24 - Posted by:
snowoutlaw 7/5/2025 7:27:23 PM (No. 1973321)
Those that abuse UPTO will the first on the list when there is a reduction in force and last on the list for bonuses, promotions and raises.
3 people like this.
Reply 25 - Posted by:
Rumblehog 7/5/2025 7:37:17 PM (No. 1973322)
The company for which I worked for 30+ years instituted such a policy, which, in the world of corporate Human Resources is akin to, "If such-and-such company is doing it, then so should we!" Loathsome creatures from so-called, Consulting Firms, lurk around the walnut-lined executive lobbies waiting for the chance to sell their latest concoction of corporate "lotions and salves." In my case, I went from 6-weeks of paid vacation a year to ZERO. The problem with "Unlimited PTO" is that your boss will never let you leave, as there's always something you need to finish first. Literally in the last year of employment I took NO time off apart from Holidays and a few days of sick time. Changing employee vacations from a "Defined Benefit" to the Unlimited* variety brings a distinct benefit for the employer, because that time is not carried on the books against the employer as liability, or something like that. Most companies who try this abandon it a year or two later, but it doesn't stop the snake-oil salesmen from travelling the backroads knocking on executive doors selling the promise of reducing employee expenses by x% at the stroke of the pen.
5 people like this.
Reply 26 - Posted by:
paral04 7/6/2025 1:01:11 PM (No. 1973548)
There are always some people who ruined things for everyone else. They should be put in communes and made to work.
0 people like this.
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His communist business model is the progressive model, and the perfect way to break any ambitious worker's morale. Real workers have been quitting his woke company and he hopes to staunch the losses. Pity the fool who invested in that company.