91–100 of 143 posts
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Much less than 6 months of a mortgage in Seattle, no? Or have I been spending too much time in New York?
Don't forget that this offer is for employees in the fulfillment centers, most of which are in areas with very low cost of living.
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If the offer is annual and they add an extra $1000 per year then on average the disgruntled employee has to wait 6 months to quit and get a higher severance, not 1 year. Which means that 1/4 of those employees only have to churn through 3 more months to get an extra $1000, hardly something nobody would do. The obvious solution to fix this flaw in the system would be to raise the offer daily instead of annually, be ap…
But that defeats the Conginitive Dissonance side of the things. If the offer is available daily (or even weekly), then the employee can just quit the very day (or next week) he feels crappy about his job. Right, or did I miss something?
Seems like a great outcome for both the employee and the employer.
Maybe this type of program says more about the weak state of organized labor in the US then it does about breeding a healthy and good company culture. There seems to be something you can read in between the lines with this.
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I recall hearing about that for Zappos, but here the offer is repeated every year. Doesn't that ruin the effect - you know you can get (potentially even more) by quitting in a few months? And if it's only offered at certain times of the year, then there'll be a bunch of people hanging on until the offer comes around again.
Well, I suspect there will be people postponing quitting for a few months just so they can cash out with the offer. That's undesirable for Amazon. But I doubt you'd have people staying in a job they dislike for another year just to get an extra $1k when they do quit. Also you'll have compounded another year of turning down cash to work there so the cognitive dissonance might be even stronger.
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Don't forget that this offer is for employees in the fulfillment centers, most of which are in areas with very low cost of living.
Ture - this would buy a lot in Iowa or Nevada.
Isn't this just Severance?
Voluntary redundancy offer is pretty widespread. But there is usually exception for developers and other highly qualified people. Devs cant quit :-)
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Note that this offer is for fulfillment center employees, not software engineers.
Thank you for clarifying this, it was a source of confusion for me as well. Not to sound elitist, but what is $5k to a software engineer making 120k/year regardless of the cost of living in Seattle. This makes more sense.
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They might also think, "What other place would offer me $5,000 to quit? I'm staying here." It's classic reverse psychology.
That thinking is completely stupid, because even if no where else will offer money for quitting, they are being offered it to quit in their current job. That offer is of zero benefit if they DON'T take it. Staying BECAUSE there's an incentive to quit is perhaps one of the most ridiculous thoughts I've heard. Then again, some people are very stupid. I also don't think that's "classic reverse psychology". (Although I'm…