Yes.. You read that correctly.
Amazon is offering its warehouse employees up to $5,000 to quit their jobs.
The “Pay to Quit” program which was announced by CEO Jeff Bezos in his letter to shareholders late Thursday, is an effort to make sure that the Internet retailer’s employees really want to be there.
“The goal is to encourage folks to take a moment and think about what they really want,” he wrote in the letter. “In the long-run, an employee staying somewhere they don’t want to be isn’t healthy for the employee or the company.”
Bezos said the offer is made under the headline “Please Don’t Take This Offer.” Amazon will offer to pay its associates to quit once a year.
Newer employees are offered $2,000 to quit. The plan is to increase that offer by $1,000 each year until the amount hits $5,000.
Fewer than 10% of the employees who got the offer took it and left the company.
Bezos said the idea came from Zappos, the online footwear and clothing retailer which Amazon purchased in 2009.