Theres a great documentary "Plagues & Pleasures on the Salton Sea" (narrated by John Waters!) Definitely one of my top 10 documentaries https://www.youtube.com/watch?v=8TjGAWxL23c
Some smaller companies and startup still do this. They need to in order to attract good talent. Toss that in with the fact that they sometimes pay better (for the same reason) and a fairly decent balance can be had.
Excellent read. Just a few more pointers from personal experience. When over water, "pencil" your body, feet first, at the very last second. Molecules of atmosphere, which are your friend at 120mph, are not so much when they are of water.
I know a guy who got to meet Queen Elizabeth. He was required to go through a royal customs seminar before meeting her. Apparently, you NEVER use "you" when talking to the queen. You can't say "Would you like some tea?". You must say "Would Your Majesty like some tea?". Hows that for formal.