Submit Your Article Advertise Newsletter
Subscribe to our RSS feed!

Confirming New Employees' Dedication


Or at least their ability to do math

Getting rid of employees is sometimes all about saving money, and given the economy's current state, saving money is vital.  A famous shoe seller has gotten into the habit of bribing people to quit, however, and it's not a terrible idea.

Obviously, this isn't the thing to do if your company is on the edge of being in or out of business.  But as loyalty tests go, Zappos's approach works.

Bill Taylor writes, "[W]hen Zappos hires new employees, it provides a four-week training period that immerses them in the company's strategy, culture, and obsession with customers.  People get paid their full salary during this period.  After a week or so in this immersive experience . . . it's time for what Zappos calls 'The Offer.'  The fast-growing company, which works hard to recruit people to join, says to its newest employees: 'If you quit today, we will pay you for the amount of time you've worked, plus we will offer you a $1,000 bonus.'"

A freely given $1,000 bucks will get any person pretty excited.  Yet looked at in a more objective light, it's just two or three weeks' pay, so a good employee won't jump ship for that amount.

Consider doing something like this with your company.  Even if $1,000 in cash is a bit much, you don't want to lose important workers just because a competitor offers them an additional nickel per hour.

AddThis Social Bookmark Widget

News Tags: Management, Money, employees
About the author:
Doug Caverly is a staff writer for SmallBusinessNewz.

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
SmallBusinessNewz: Become A Partner
We want you!
Writing for SmallBusinessNewz is a great way to have your articles read by many business owners around the world. You'll also get the added benifit of helping others learn from your experiences.
Full Name:
Email:
Website:
All fields required. Actual article
submission begins on next page.
Visit the SmallbBusinessNewz Directory
Do you have a business site?
Submit your business related site FREE!
Accounting
Book Keeping, Training...

Advertising
PPC, Print, Banner...

Investing
VCs, Mutual Funds...
Brick and Mortar
Stores, Offices...

Research/Studies
Research, Data, Studies...

Tips/Tutorials
Tips, Advice, Tutorials...
» Submit your site «
DirectoryBlog.WebProNews
Latest News on: DirectoryBlog.WebProNews
Need Software For Your SMB? Look No Further!

Last week, WebProNews was privileged to conduct an interview via Skype with Alex Bard, the Vice President and General Manager of Desk.com, about its new cloud-based customer service software. This...
Subscribe to SBN


Send me relevant info

Get Your Site Submitted for Free in the World's Largest B2B Directory!

*Mandatory Field
* *

Free Downloads