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Zappos pays new employees to quit

August 5th, 2008 Posted in Building Community, Business Strategy, Tricks of the Trade

Can you imagine showing up to your first day of a new job and being offered $2000 to walk out the door that very same day? Zappos, the amazingly successful and fairly unknown (at least in most circles) e-commerce business does exactly that. And apparently it leaves only the truly interested working at the company. Strange, perhaps, but you can’t fault their results. One in seven UPS overnight packages comes from them. They’re generating $1 billion in revenues per year.

The interview embedded below is from a Harvard Business blog post, and is a fantastic article. Don’t miss this one!

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This entry was posted on Tuesday, August 5th, 2008 at 8:27 am and is filed under Building Community, Business Strategy, Tricks of the Trade. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.
  • brooks grigson

    There was a great story about Zappos on Nightline. Probably while you were out. Very interesting company and fantastic approach to customer service.

  • chrispian

    I discovered them at sxsw for the first time in 06 and have been following the company since. They are one of the few companies that seem to get it and it wasn’t by accident. I hadn’t heard about them offering new employees a quitting bonus. Very original.

  • chrispian

    I discovered them at sxsw for the first time in 06 and have been following the company since. They are one of the few companies that seem to get it and it wasn't by accident. I hadn't heard about them offering new employees a quitting bonus. Very original.