Would you quit your job for 25K?

[downtown]

Apparently some companies are offering this deal to employees.

http://theweek.com//article/index/263589/would-you-quit-your-job-for-25000

$25,000 is nothing to sneeze at. It's enough to cover most Americans' living expenses for at least a few months. You could even start a business or put a down payment on a home.

Now one employer — Riot Games, the maker of the popular video game League of Legends — will pay its employees $25,000 to quit their jobs, even if they have worked there for only one day.

Other employers are offering a similar deal, including Zappos, which will give employees $2,000 if they want to leave, and Amazon, which is offering $3,000 to workers in its warehouses, and up to $5,000 for more experienced employees.

Are they crazy? No. These companies are doing something smart. They're using basic economic incentives to make sure that they only employ people who are enthusiastic about their work. This is an economic filter to foster job excellence

Would you do it? Poll coming.

 

[Borachio]

If I thought I could find another employer the next day, I would.

And if that employer would also pay me 25k to leave, I'd leave them too.

At the end of the week I'd have.... er....125k? That's quite a yearly salary. 52 x 125 is... erm... a lot!

I think I might retire after 30 years.

 

[LucyDuke]

I wouldn't even hesitate. That pays living expenses more than long enough to find a comparable job, and then it's (maybe tens of) thousands in the bank. I like $25k way more than I like any job I've ever had.

 

[GoodEnoughForMe]

Fascinating question for those who maybe make a bit more money than I do. 25k is more than I make in a year. I would take this deal in a second, as I feel fairly confident I could get a job that pays no worse than what I currently have, and my current job satisfaction is pretty low.

 

[Camikaze]

Question's not applicable to me, what with not having a job to quit, but I imagine any full-time job would have to offer me more than that in the current market for my field.

My uncle recently took a redundancy, I think it was a bit over a year's salary, and had actually been putting off retirement knowing that his department was getting cuts, and that retiring without redundancy wouldn't be affordable. But if it'd been a few years before, even that fairly large amount would've been hard to take, given the difficulty in getting another job.

 

[Whomp]

Headhunters have offered me quite a bit more to move to a competitor but that's different I suppose. I need to ask my wife how profitable these strategies are for companies like zappos. I imagine it is huge for them in the long run.

 

[Zelig]

Yes, but I'm planning on quitting my job anyway - 25k is more than I'll get when I quit since I'm planning on ending with a negative vacation balance.

The Amazon deal to quit is garbage: http://theblot.com/amazon-offers-workers-5000-quit-pr-scam-7718393

 

[LucyDuke]

Would you quit your job for what you're paid in ten weeks? Would you quit your job for what you're paid in a year? Would you quit your job for what you're paid in five years? Some of these are worth talking about.

 

[Borachio]

How much would you be willing to pay to quit your job?

(Nope. I don't suppose that one works. Unless you'd have to pay to break your contract, or something.)

--------------------------------------------

Look, it all depends on what your salary is, doesn't it? If you're paid very little for doing a job you don't like, of course you'd take a generous 25k.

If you're paid a great deal for doing a job you enjoy, no way are you going to leave for a paltry 25k.

 

[Cutlass]

Had this come a month ago, sure. But I'm just starting a new job.

 

[LucyDuke]

Would you take $25k to not start it?

 

[dutchfire]

I wouldn't now, since I'm not sure I could easily get a similar position. I would seriously consider it when I had good alternatives.

 

[Terxpahseyton]

Since I don't have a job I went with the assumption that someone offered me money to continue not having a job. I would take it.

 

[Cutlass]

I don't think so. I'm getting old. And I don't have a lot of other options.

 

[Terxpahseyton]

You could write a book on economic policies and make a talk show tour.

 

[Harv]

If I thought I could find another employer the next day, I would.

This is where it pays to have a job in your back pocket, right?

Will they hold the check until I move to a no tax state?

 

[Traitorfish]

Are they crazy? No. These companies are doing something smart. They're using basic economic incentives to make sure that they only employ people who are enthusiastic about their work. This is an economic filter to foster job excellence.

That seems... Tenuous? Like, most people would be reluctant to leave their job because they can't guarantee finding another one, or at least not one that's as good, so you could read this policy as the perfect way to weed out the motivated risk-takers and leave yourself with a building full of timid conservatives.

(Which, when we're talking about warehouse workers at Amazon, is probably exactly what they want. Motivation and risk-taking is two steps from unionisation, and cutting off that possibility is more than worth a few grand.)

 

[sophie]

Yes. Temporary job that I don't particularly like nor am attached to from a "career" perspective. I would take the payout in a heartbeat. That's more than twice what I'm set to make over the year from the job.

 

[Smellincoffee]

Considering that my home county is one of the state's most economically depressed, and my city one of the least business-friendly in the state, probably not.

 

[Commodore]

I could have sworn I posted something similar to this topic a few months ago....

EDIT: And here it is.