Amazon Offers Employees $5,000 To Quit Their Jobs
Successful companies know the value of teamwork. To ensure that employees are not working only for the sake of money, Amazon offers its warehouse and customer-service centers workers to accept the offer of $5000 to leave the job. This move is very strategic and for the company and even the employees get to think about what they actually want in life.
The less engaged workers face the productivity issue which in the long run affects Amazon’s working culture. The amount offered every year differs according to the experience and salary of the worker. After accepting this offer, he/she gets banned from working for Amazon in future.
Amazon got this idea from Zappos.com when it was acquired in 2009 for $850 million. Zappos used to offer $1000 to its employees every year for the same purpose. Jeff Bezos has accepted this and once he revealed that the company doesn’t encourage the employees to accept this offer and a headline which reads “Please don’t take this offer” is always placed on the letter and e-mail. This strategy also avoids Amazon to go through mass layoffs.
A very small portion of Amazon employees accept this offer and it encourages others to feel more committed to their jobs. Employees who turn down ‘The offer’ feel more dedicated as they consciously choose to work in Amazon.
Amazon on an average pays its warehouse workers about $12 an hour, which is around $25,000 for working the whole year. Although it costs more to hire a new employee, it is beneficial for the business especially, for a reputed company like Amazon where employees hold a crucial place in giving service to customers.
What are your thoughts about this policy? do let us know in the comments section and you can also share more such policies that companies follow to make the most of the salaries they pay to employees.