So in other words, there's now a $5000 hiring bonus if you can figure out a way to jump ship to Google or any of Amazon's other competitors. Sounds good to me.
Amazon Will Pay You $5,000 to Quit Your Job
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Re: Amazon Will Pay You $5,000 to Quit Your Job
#142Amazon runs through whole towns. That is an understatement. They arrive and go through 8-10 counties worth of people. Every person that they let go was not a bad employee and every employee they kept was not a good employee. Amazon is assholes. They have their temporary staffing agency because they don't want to pay health benefits. If Amazon kept all the good employees that the staffing agency gave them then they would no longer need the staffing agency.
Staffing agencies are expensive, they are not really that much cheaper. If Amazon got rid of the staffing agency they could pay the employees they already have more money and there wouldnt be a question if employees are happy or not, motivated or not.
The buy outs are just to keep their staffing agency busy. How is the staffing agency going to say all of a sudden, "You know what, we dont even require a diploma or a GED anymore, we did before but now we don't".
With their staff agency they are burning money right in front of employees' faces while telling them that they cannot pay them one dime more. They have pissed off and cleaned out half the freaking state now they will hire anyone. Now they are going to pay some perfectly good employees to leave. Really these employees are exceptional. If you can last somewhere for 2-3 years where most people can't last 2-3 weeks, you are a valuable employee. That is Amazon's problem: They do not value people.
Re: Amazon Will Pay You $5,000 to Quit Your Job
#143Earlier quoted context omitted.
$833/month mortgage gets (I think) about $150k for a 25 year fixed rate loan. It's not impossible to get a home for $150k in Seattle, but your choices are very limited.
Rents have been skewing much higher than mortgage costs for some time. I'd guess it's 2-3 mo. of rent, max. In silicon valley it might be 1-2mo. But people often don't think rationally that way (and definitely not all the time). A large lump sum may seem bigger than it actually is. Which is why sales folks often try to peanut butter the costs over a range ("it's the cost of one coffee a day for a month!")
Are rents higher than mortgages on comparable properties in SF and Seattle? In NY the mortgages are even worse.