Pay to Quit scheme 

  • By The Alchemist About Town
  • 06 Jul, 2016

People stuff

Pic from truerevolt.com
I recently read an article  in the CIPD   People Management magazine about an interesting people practice.

Amazon is offering its staff up to $ 5,000 to leave the company immediately, the so called " Pay to Quit" scheme (only available in the US to warehouse workers).

The principle behind it is apparently to encourage people to "take a moment and think about what they really want"which, according to Amazon CEO, is something only a small number of people do (take up the scheme).

When I first read the article I couldn't quite believe it. After reflection though I can see some points that deserve a mention:

  1. The weakest-link employee can quickly turn a positive working environment (and that great culture the business worked so hard to build) into one that is divisive and negative.
  2. In addition to the direct costs affecting co-workers’ performance, there are additional soft costs to factor into the equation like absenteeism, wasted managers time and customer loss.
  3. The scheme is broadly comparable to the voluntary redundancy practice adopted by many companies in times of re-structuring/re-organisation but in business as usual times.
  4. The scheme is "voluntary" and, in a way, gives more choice to employees (albeit for less money) than the settlement agreement practice which normally comes at a time when the relationship between employer and employee has become difficult to manage and both, but more frequently the employer, are seeking a way out.


Provided people are not forced to leave and there is a caveat whereby the company reserves the right to accept people participating in the scheme (you can't really stop people from resigning but you don't need to incentivise them either especially the ones possessing the most critical skills) it seems a frank way to deal with discontent: ultimately employees resign only when they are good and ready ($ 5,000 does not exactly give you a lot of breathing space if/when looking for another job).


It is a practice though that would/could only work in some countries from a cultural prospective, in others would create a backlash and more trouble that is worth.

The People Alchemist Blog

By The Alchemist About Town 22 Sep, 2017
I am so utterly delighted that my book is now out, available to order both on paperback and on Kindle edition just in time for Business Women's Day - YES!!!!!! :-) 

STOP IT! It's all in your head   is my labour of love and my way to encourage, inspire and empower women to achieve what they want professionally and not be confined by societal, religious, family paradigms of what " women should do/are like" and, most importantly, the restrictions in their head.
If that is being CEO of a Global Company or a stay-at-mum or Director of Paperclip ( whatever grabs your fancy) so be it.

Writing this book was also a personal challenge ( the 30 days thingy) which confirmed to me once and for all that you can really do whatever you set your mind to, if you really want to that is.

Couple of tips for writing a book from me:
  • write about what you are passionate about, you know more than you think.
  • free-write about the parts/chapters in the book you like the most and you are most interested in first - that will give you a great boost at the beginning - you can edit and add the boring bits later - by then most of the book will be almost there
  • keep your own voice - write as you speak so to speak ( people do need to understand you though..)
  • keep an open mind, ideas will flow into you mid-way through the project
  • a deadline and going public is good to beat procrastination ( but if that stresses you out too much don't do it) - the deadline certainly helped me.
You can do it too!!!

If anyone would like to be part of the book launch, the event is live on Eventbrite and you can buy an Early Bird ticket now:
SMASH YOUR CEILING - #STOPITBookLaunch 
Thursday 12 October at 18.30
Business Design Centre
Islington
London

To pre- e-meet other super fab women in business attending the event, please use the following hashtags:
#SMASHYOURCEILING
#STOPITBookLaunch
#BDCWorks

I'm so excited about this book and I genuinely hope you will like it- I hope to meet you soon, in person or through the pages of my book.

Laura x


#Hustle #GirlBoss #SmashThatCeiling
  #SmashYourCeiling
STOP IT! It's all in your head 
#dreambig #believe #youcan



By The Alchemist About Town 19 Sep, 2017
The time is getting closer and closer to the release of   STOP IT, It's all in your head   my new book ( 22 September for Business Women's Day - US) .

I have now  received the proof copy of the paperback which looks absolutely fabulous: a couple of things to correct but overall I am super happy with the result.
A lot of marketing to do now between Facebook, Twitter, Instagram and Google+ ( which is PS: looking like more work than the actual writing of the book).

The book event/launch/talk is live on Eventbrite and you can buy an Early Bird ticket now:
SMASH YOUR CEILING - #STOPITBookLaunch 
Thursday 12 October at 18.30
Business Design Centre
Islington
London

To pre- e-meet other super fab women in business attending the event, please use the following hashtags:
#SMASHYOURCEILING
#STOPITBookLaunch
#BDCWorks

I'm so excited about this book and I genuinely hope you will like it.

Laura x


#Hustle #GirlBoss #SmashThatCeiling
  #SmashYourCeiling
STOP IT! It's all in your head 
#dreambig #believe #youcan



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