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A few years ago I worked at a place where the CEO instituted this policy in the wake of reading about Zappos doing it. I remember him standing up at the weekly
by pvnick 13y ago
A few years ago I worked at a place where the CEO instituted this policy in the wake of reading about Zappos doing it. I remember him standing up at the weekly company meeting and offering a few thousand dollars to anyone who quit. The thing is, a week earlier, another coworker had put in his two weeks, and the look on his face upon hearing that announcement... I'm not sure if he ever got the money, but oh well. C'est la vie.
- mediaman 13y agoWhat was your experience of the impact that policy had at that company? Anything? Did any lower performers leave to take the incentive? I've been curious about implementing this at my own company but I'd be interested in someone's actual experience with it, vs. hearing about it from people incentivized to claim it worked well because it was their idea to implement.
- pvnick 13y agoI actually don't think it had much impact at all actually. Although it wasn't a huge amount of money. I remember thinking "meh".
- doktrin 13y agoI have a vaguely similar anecdote. A former employer of mine withheld bonuses from the entire team since I had recently given my notice. They were quite open about the fact that they would give out the bonuses once I had left, and just didn't want me to get a slice of that particular pie.