Last week Amazon too spoke about exit incentive. Not just a token gesture but raising the incentive to some $5000 for taking the exit offer is a serious attempt to clean workplace of the dubious souls. So golden handshake or VRS isn’t new concept even in India, but most would remember it as an end of career smiley. That a company would pay you just after induction to say “please spare us the pain”, might take an effort.
Those who still recall our movie night at last plugHR Bootcamp, we had watched Tony Hsieh in awe and exit incentive was one thing that impressed us for sure.
Think about it, new economy businesses are mostly about belief’s. These are new business categories, quite radical, uncertain, changing at high pace forcing the talent to operate in sustained ambiguity. Last thing you want at your workplace then is a doubtful soul who walks in every day, concerned and spends all day spreading the same. You want that soul with your competitor sooner than later
Now for one’s who say the usual, “its not easy to…..”, well even your birth wasn’t easy, if that could happen, anything can happen, you just need to think like inspired entrepreneurs. Read Jeff Bezos, listen to Tony Hsieh, gather courage and roll it buddy, Post Induction Exit Incentive. It’ll just clean up some future mess in advance, much like that time machine thing which you could use to go forward, figure how much damage would these hires cost and come back to just pay them out.
For my HR, get over attrition chart stats and show me some real baddies off the bus & keep building Awesome Ventures.
The argumentative Indians can carry conversation here or catch me on twitter @prashantbhaskar
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