The CEO of a software company offers new staff $5,000 to resign after two weeks. He says it`s helped him retain top talent.


The CEO of a software company offers new staff $5,000 to resign after two weeks. He says it`s helped him retain top talent.


Many business owners in a wide range of industries have struggled to find and retain staff amid a nationwide labor shortage.

In November, a record 4.5 million Americans quit their jobs. In many cases, people have cited poor working conditions and low pay as factors.

In an attempt to secure workers, businesses have been hiking wages, offering hiring bonuses, and providing education benefits to attract more staff.

  • Trainual is a software company that takes an unusual approach to staff retention.

  • The CEO told Insider that paying new hires to leave helped maintain a strong company culture.

  • "It`s a powerful thing for them to turn down the cash, opt in, and commit," he said.
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RSK: Like the article states...the people he offered this to were making $80,000+ per year so I guess it depends on the level of pay to see if it works. Or, you might be able to offer less if their annual pay is less. Something to think about.

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- - Volume: 10 - WEEK: 3 Date: 1/11/2022 8:30:50 AM -