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article imageAmazon willing to pay you up to $5,000 to quit your job

By Milton Este     Apr 12, 2014 in Technology
Although it may sound counter-intuitive, Amazon is proposing a policy that no other company dares try. This probably isn't surprising coming from Amazon though, a company known for its wacky parcel delivery drone idea.
The program is called "Pay To Quit", which is pretty simple. The first year, $2,000 is up for grabs for any associates that quit. The year later, the pot goes up a thousand dollars until it reaches $5,000.
In Amazon's annual letter to shareholders, Jeff Bezos proposes to pay employees that aren't happy working at the online retail giant to quit. He describes this as a "better way to do things internally."
Although it sounds like Amazon has got it backwards — paying employees not to work instead of work, the Harvard Business Review blog post[/url ]supports this program. It is an efficient strategy to weed out the unmotivated employees and prevent costs of loss productivity. As Bezos explains, "In the long-run, an employee staying somewhere they don’t want to be isn’t healthy for the employee or the company."
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