Amazon Pays Employees Up to $5,000 to Quit, No Strings Attached

Business Insider
Analyzing the top news stories across the web
April 10 2014 3:29 PM

Amazon Pays Employees Up to $5,000 to Quit

Amazon employee Heather Redman packs Kindles for shipment at the warehouse in Campbellsville, Ky.
Amazon employee Heather Redman packs Kindles for shipment at the warehouse in Campbellsville, Ky., in 2009.

Photo by John Sommers II/Getty Images

This post originally appeared in Business Insider.

Here’s our favorite part of Amazon CEO Jeff Bezos’ annual letter to shareholders. He describes how the company will pay Amazon’s warehouse workers up to $5,000 to quit their jobs.

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The intent of the program is to ensure that Amazon only retains people who really, really want to work at Amazon:

The second program is called Pay to Quit. It was invented by the clever people at Zappos, and the Amazon fulfillment centers have been iterating on it. Pay to Quit is pretty simple. Once a year, we offer to pay our associates to quit. The first year the offer is made, it’s for $2,000. Then it goes up one thousand dollars a year until it reaches $5,000. The headline on the offer is “Please Don’t Take This Offer.” We hope they don’t take the offer; we want them to stay. Why do we make this offer? 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.

Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.

Jim Edwards is a deputy editor at Business Insider. Follow him on Twitter.

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