The Pay-to-Quit Program
Managers need to create incentives that will encourage employees to reveal their true levels of motivation. One such strategy is to offer employees money to resign voluntarily — the so-called Pay-to-Quit strategy. Zappos, the online shoe and clothing retailer, was the first to employ the strategy, making what has become known as “the offer”: a bonus for new hires to quit following a four-week training … [ Read more ]
Author: Uri Gneezy | Source: “How a ‘Pay-to-Quit’ Strategy Can Reveal Your Most Motivated Employees” | Original Publication: Harvard Business Review | Subject: Human Resources