Why Zappos Pays New Employees To Quit – And You Should Too
Zappos, the Nevada-based online shoe and accessories retailer, has an interesting twist on new-hire bonuses. After applying and being chosen for a job, employees get a month of paid training. Then they’re offered $1,000 to leave. It’s a test of commitment, meant to see if money is what matters to workers. The amount offered has risen from an initial $100 and could grow even more. Only 1 in 10 take the offer, according to CEO Tony Hsieh, and the company now employs approximately 1,600 who passed the test.
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About William C. Taylor:
William C. Taylor is an agenda-setting thinker, writer, and entrepreneur. His new book, Mavericks at Work, has been a New York Times and Wall Street Journal Bestseller. As cofounder of Fast Company, he launched a magazine that earned a passionate following among executives and entrepreneurs. He is an adjunct professor at Babson College and a former associate editor of Harvard Business Review.
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