Post on Medial

Rajan Paswan

Stealth • 6m

Amazon's "Pay to Quit" Program!! The Problem: Amazon wanted to ensure its workforce was composed of dedicated and motivated employees, particularly in its fulfillment centers, where job satisfaction can directly impact productivity and morale. The Idea: Amazon introduced the "Pay to Quit" program, offering warehouse employees a financial incentive to leave the company if they were unhappy. Employees could receive up to $5,000 to resign voluntarily. How It Worked: Each year, Amazon offers this option to its fulfillment center employees. The goal is to encourage those who are not fully committed to leave, thus maintaining a workforce of engaged and motivated individuals. The program begins with a $1,000 offer, which increases by $1,000 each year up to a maximum of $5,0000. The Result: The "Pay to Quit" program helps ensure that those who stay are genuinely invested in their roles, leading to higher job satisfaction and productivity.

23 replies22 likes
6
Replies (23)

More like this

Recommendations from Medial

Image Description

Aakash kashyap

Stealth • 1m

It's shows that financial success doesn’t always bring personal satisfaction. It’s a reminder to balance business growth with emotional fulfillment.

4 replies17 likes
2
Image Description
Image Description

Aromal SP

Stealth • 6m

I recently came to know about the Bluepoint System used by IBM among its employees. It's a simple program where every employee is given a set of points, called Bluepoints, every year, and employees can transfer them to other employees within the comp

See More
5 replies11 likes
1
Image Description
Image Description

Ronak Patel

Stealth • 4m

Amazon trying to give their customer a good experience but what about their workforce and sellers. In past few weeks I saw many complaints about Amazon and it's working culture and due to that my respect for Amazon 📉📉📉📉📉📉

6 replies11 likes
1
Anonymous
Image Description
Image Description

Intel brought back free coffee and snacks for employees "to boost morale" ☕🍪. Earlier, Intel had laid off 15% of its workforce, taken away bonuses, canceled vacations, and stopped paying for employees' transportation and internet.

4 replies4 likes
Image Description
Image Description

Amit Kumar Samal

 • 

Amazon • 3m

Amazon as an employer has great benefits and programs for their employees. You'll get to learn a lot.

5 replies10 likes
2

srikar sri

Stealth • 4m

Do we really need to ReSkill the manufacturing workforce?

0 replies3 likes
Image Description
Image Description

Nawal

Stealth • 7d

Amazon Offers $110M in Grants to Boost AI Research with Trainium Chips 🔥 Amazon Web Services (AWS) launches a $110 million grant program to support AI research, offering credits and up to $500,000 in funding for AI researchers. The initiative ai

See More
2 replies9 likes

Mohammed Zaid

Stealth • 11d

Amazon India has teamed up with Startup India to support startups through e-commerce, mentorship, and resources, particularly aiding women entrepreneurs through its Saheli program

0 replies3 likes
Image Description

Jayesh Titurkar

Stealth • 2m

Cash-strapped Dunzo cuts workforce to 50 as it searches frantically for capital . . . BENGALURU :Reliance Retail-backed Dunzo has laid off 150 employees in a fresh round of layoffs, leaving the e-commerce delivery firm with just 50 employees in its c

See More
1 replies4 likes
Image Description

Inactive

Stealth • 3m

1K Kirana, a kirana tech startup, is facing potential bankruptcy and a distress sale after significant operational struggles. Founded in 2018, it expanded rapidly during the pandemic but has since downsized drastically, reducing its workforce from ov

See More
2 replies10 likes
1

Download the medial app to read full posts, comements and news.