Fast Company reported that Chris Ronzio, CEO and founder of Trainual, a SaaS software helping small businesses onboard employees, borrowed the $5K idea from Zappos.
Ronzio said, “It’s important to know really quickly if we’ve found the right people,” he says. “When you’re interviewing, you really only get a glimpse of the business you’re going to work for and the role. If someone knows a week or two in that this is not their long-term place or position, it gets more expensive to replace them as they take on more work and responsibility. By offering new hires $5,000, we give them the opportunity to opt out after two weeks if they have any sense of doubt.”
Source: https://www.fastcompany.com/90708440/this-ceo-pays-new-employees-5000-to-quit?utm_source=newsletters