What’s the best way to retain employees?

Jeff Bezos (Founder & CEO of Amazon)

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. The goal is to encourage folks to take a moment and think about what they really want. In the long-run, an employee staying some… (read more)