Screen-lock itself required a password. But lo & behold, if you'd pick up the headset & hit a button "accept call" (usually meaning you're back in action), screen would be unlocked.
Convenience (read: profit) trumps security every time.
People walked to conference rooms and to get food without taking their laptop with them all the time (of course) so it's not like I did something out of the ordinary or against policy. I remember them accusing me of leaving my laptop over night but I was just working late.
And this was in a secure area with cameras within earshot of the over night crew and behind a door in a private shared office (glass door, glass wall so someone could have seen them) so it's not like I was at a common area and just walked out leaving my laptop on a random table).