Sounds theoretical. Salary is fixed and if there’s a supply of alternative workers and resource scarcity mentality then allowing employees free time makes them more valuable to and easier to engage by competitors. Qualatative arguments go out the window when the shoe strings tighten in my experience.
My ideals agree and I’ve banged my head trying to maintain boundaries with my managers, now 5 jobs in. Experience is with VC in Bay Area... work life in Minneapolis was pretty chill tho, 2 longer jobs there with good people.