Offering a $5,000 Buyout to Quit Your Job

Big-time companies like Amazon and Zappos have adopted a practice to pay their employees various sums of money if they wish to leave the organization. There are different tactics used, but some see it as a terrific way to gauge employee satisfaction, engagement and commitment. Chris Woolard, senior consultant with Walker Information and the Loyalty Expert, discusses how this can impact an organization, what this has to do with loyalty, and if it's a sound philosophy to pay employees to quit.

Podcast Series: Management Decisions
On Management Decisions (formerly Executive Decisions) we discuss topics that pertain to employers, especially upper-level managers, human resources professionals, and executives to gain an understanding of their roles and strategies. It's an inside look into their thoughts and behaviors which make them and their businesses successful.