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The Genius Of Amazon’s $5,000-To-Quit Plan

Paying an employee to quit. Does it make any sense at all? Big time, and not just because Amazon says so. Amazon offers employees at their fulfillment centers after their first year of work $2,000 if they wish to quit. That payoff climbs by $1,000 each year until it caps out at $5,000. Of course, the headline of the money-to-quit contract offered to employees is “Please Don’t Take This Offer.” The truth is Amazon does want employees to take the offer, or at least some employees. Because if enough low-performing employees do, the worth to the company is millions of dollars …Read more »

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