At least, that’s what Amazon.com Inc. is offering its warehouse employees.
In a letter to shareholders this week, Chief Executive Jeffrey Bezos outlined the details of a rare human resources strategy the online retail giant has launched.
Dubbed Pay to Quit, the program is offered once a year to employees who work in Amazon fulfillment centers. In the first year, the offer is $2,000. After that, it rises $1,000 every year until it reaches $5,000. The aim is to weed out employees who are unsatisfied with their job and looking for a golden parachute.
“The goal is to encourage folks to take a moment and think about what they really want. In the long run, an employee staying somewhere they don’t want to be isn’t healthy for the employee or the company,” Bezos explained.
Chosen excerpts by Job Market Monitor. Read the whole story at Amazon is paying unhappy workers to quit – latimes.com.
- The decline in job satisfaction and employee engagement
- 35% of workers are highly engaged, 26% disengaged and 17% detached
- US / 68 percent willing to take pay cut for more personally meaningful careers
- Job Satisfaction / Only 13% motivated by the prospect of a bonus survey finds
- Only 13% of Employees Are Engaged at Work, the highest proportions of actively disengaged workers are found in the Middle East and North Africa (MENA) and sub-Saharan Africa regions
- UK – Talent mismatch costs more than £1bn to employers