AMAZON MAKES AN OFFER

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Amazon is paying its workers up to $5,000 to quit — and it’s a brilliant strategy

Amazon is offering to pay its employees up to $5,000 if they agree to quit their jobs.

The e-commerce giant is dangling “The Offer,” as it’s called internally, in front of workers this week at the company’s warehouses and customer-service centers across the US, The Atlantic reports.

The strategy of paying people to quit might seem bizarre. But it’s actually a brilliant business move aimed at trimming the company’s ranks of its least-engaged workers.

“We believe staying somewhere you don’t want to be isn’t healthy for our employees or for the company,” Ashley Robinson, an Amazon spokesperson, told the Atlantic’s Alana Semuels.

Amazon did not immediately respond to a request for comment.

Full-time employees will be offered payments of between $2,000 and $5,000 that are commensurate with their experience, according to the report.

The strategy doesn’t just weed out less-engaged employees. It also encourages employees to feel even more committed to their jobs, Semuels writes, citing Ian Ayres, who wrote about the psychological effects of the concept in his book “Carrots and Sticks: Unlock the Power of Incentives to Get Things Done.”

According to Ayres, employees who turn down “The Offer” will feel more invested in their work because they have consciously decided to stay longer at their company.

Paying employees to quit could also be an effective strategy for companies that want to avoid executing mass layoffs.

Article source: Business Insider

THE SPOTLIGHT

To those who WILL take “The Offer”, if I was in  your shoes I would quit, but take $1,000 to $2,500 in cash and the rest in stock. Then use the “cash” to invest in Walmart. They’re going to compete with each other for awhile so mind as well have your mark in both.

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Just sayin’

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