November 2018
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November 2018
The Buzz

Disengaged? Amazon Will Pay You to Quit

Monday, May 21, 2018

Retail giant Amazon has an interesting approach to dealing with disengaged employees: Pay them to quit. Once a year, the company offers to pay full-time employees at fulfillment centers up to $5,000 to leave the company. Those who accept the offer can never work at Amazon again. The company offers $2,000 to employees who have been at the company for a year, and the offer increases by $1,000 for each additional year of experience the employee has, maxing out at $5,000. "We want people working at Amazon who want to be here," Amazon spokesperson Melanie Etches told CBS via email. "In the long-term, staying somewhere you don't want to be isn't healthy for our employees or for the company." The offer isn’t meant to be punitive or shameful, and Amazon says they don’t want employees to accept. In fact, the title of the memo announcing the offer to employees was titled “Please Don’t Take This Offer.” "The goal is to encourage folks to take a moment and think about what they really want," CEO Jeff Bezos wrote in a shareholder letter. According to the company, few people actually accept; and those who don’t have made a clear decision to stay.

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