Sunday, September 25, 2011

Pay employees to quit.

As long as your job doesn’t naturally come with a high turnover, take one from the notebook of Tony Hsieh of Zappos - pay employees to quit.

Zappos goes through am interview process similar to that of any other companies, it’s tedious, it’s expensive and it’s challenging to figure out what employee is right for the company. To weed out people who are there just for the money, Zappos pays potential employees $3000 to quit one week into their training.Tony says employees who decide to stay (which is on average 97% of trainees) come back to the training session with a greater understanding of why they want to work with Zappos.

This approach to hiring is unique and ground-breaking but only a company with clear values and a enjoyable culture can pull it off. Maybe it’s time to rethink how you do business.

If you’d like to hear about how this big idea got started from Tony – check out this short interview.