Should You Consider Offering a Pay to Quit Program?
When a pioneer like Amazon or Zappos does something out of the ordinary, entrepreneurs’ ears perk up. When they do something that’s downright radical, they get the undivided attention of everyone in the industry. That’s why the pay to quit program each has adopted are such a hot topics of conversation. As usual, their motivations probably aren’t related to your initial reaction, as Bill Taylor explains in this post at Harvard Business Review.
Quitting is never a word leadership wants to hear in relation their company, Taylor admits. But in this instance, it’s actually not so bad. Work is intensely personal, even if you’re not a CEO. And offering money for employees to move on actually helps them reflect on their relationship with your business and whether or not they want to be a part of it.
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