Ok-To The Moon - Tiger Brokers Online Investing Community

2
Comment
Favorite

Jkaiiz
2022-01-26

Amazon Has Stopped Paying Some Workers to Quit

Amazoncom will no longer pay some of its employees to quit after the peak holiday season. The progra

Amazon Has Stopped Paying Some Workers to Quit

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

thammada
·2022-01-26
[Smile]
Reply
Like
Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9090653396,"tweetId":"9090653396","gmtCreate":1643173426400,"gmtModify":1676533781858,"author":{"id":3586069553737840,"idStr":"3586069553737840","authorId":3586069553737840,"authorIdStr":"3586069553737840","name":"Jkaiiz","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":2,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Ok</p></body></html>","htmlText":"<html><head></head><body><p>Ok</p></body></html>","text":"Ok","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9090653396","repostId":1142983045,"repostType":4,"repost":{"id":"1142983045","kind":"news","pubTimestamp":1643167542,"share":"https://www.laohu8.com/m/news/1142983045?lang=&edition=full","pubTime":"2022-01-26 11:25","market":"us","language":"en","title":"Amazon Has Stopped Paying Some Workers to Quit","url":"https://stock-news.laohu8.com/highlight/detail?id=1142983045","media":"Barrons","summary":"Amazoncom will no longer pay some of its employees to quit after the peak holiday season. The progra","content":"<html><head></head><body><p>Amazoncom will no longer pay some of its employees to quit after the peak holiday season. The program, called “Pay to Quit,” or ”The Offer,” offered warehouse workers up to $5,000.</p><p>Amazon spokeswoman Karen Riley Sawyer told <i>Barron’s</i> via email late Tuesday night that the company is “only providing ‘The Offer’ to graduates of Career Choice to support their transition to a new career should they choose to leverage their new certifications.”</p><p>Technology site The Information reported the news of the program’s pause earlier Tuesday, citing documents verified by a current warehouse employee.</p><p>In an April 2014 SEC filing, Amazon founder and then-CEO Jeffrey Bezos said of Pay to Quit: “It was invented by the clever people at Zappos, and the Amazon fulfillment centers have been iterating on it. Pay to Quit is pretty simple. Once a year, we offer to pay our associates to quit. The first year the offer is made, it’s for $2,000. Then it goes up one thousand dollars a year until it reaches $5,000.”</p><p>“The headline on the offer is ‘Please Don’t Take This Offer.’ We hope they don’t take the offer; we want them to stay.” he wrote. “Why do we make this offer? The goal is to encourage folks to take a moment and think about what they really want. In the long-run, an employee staying somewhere they don’t want to be isn’t healthy for the employee or the company.”</p><p>Amazon bought Zappos in 2009.</p><p>Amazon, which raised its starting pay to $15 an hour in 2018, has been competing with other employers for workers amid a pandemic-driven labor shortage. Last fall, the company announced plans to hire another 275,000 permanent and seasonal employees, offering them $18 an hour plus $3,000 signing bonuses in some areas. It also offered to pay some workers’ college tuition starting this month.</p><p>Amazon is the nation’s second-largest private employer after Walmart, and employs about 1 million U.S. workers. It has hired hundreds of thousands of workers during the pandemic to handle its increase in order volumes.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Has Stopped Paying Some Workers to Quit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Has Stopped Paying Some Workers to Quit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-26 11:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-stopped-paying-workers-to-quit-51643158157?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazoncom will no longer pay some of its employees to quit after the peak holiday season. The program, called “Pay to Quit,” or ”The Offer,” offered warehouse workers up to $5,000.Amazon spokeswoman ...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-stopped-paying-workers-to-quit-51643158157?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.barrons.com/articles/amazon-stopped-paying-workers-to-quit-51643158157?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142983045","content_text":"Amazoncom will no longer pay some of its employees to quit after the peak holiday season. The program, called “Pay to Quit,” or ”The Offer,” offered warehouse workers up to $5,000.Amazon spokeswoman Karen Riley Sawyer told Barron’s via email late Tuesday night that the company is “only providing ‘The Offer’ to graduates of Career Choice to support their transition to a new career should they choose to leverage their new certifications.”Technology site The Information reported the news of the program’s pause earlier Tuesday, citing documents verified by a current warehouse employee.In an April 2014 SEC filing, Amazon founder and then-CEO Jeffrey Bezos said of Pay to Quit: “It was invented by the clever people at Zappos, and the Amazon fulfillment centers have been iterating on it. Pay to Quit is pretty simple. Once a year, we offer to pay our associates to quit. The first year the offer is made, it’s for $2,000. Then it goes up one thousand dollars a year until it reaches $5,000.”“The headline on the offer is ‘Please Don’t Take This Offer.’ We hope they don’t take the offer; we want them to stay.” he wrote. “Why do we make this offer? The goal is to encourage folks to take a moment and think about what they really want. In the long-run, an employee staying somewhere they don’t want to be isn’t healthy for the employee or the company.”Amazon bought Zappos in 2009.Amazon, which raised its starting pay to $15 an hour in 2018, has been competing with other employers for workers amid a pandemic-driven labor shortage. Last fall, the company announced plans to hire another 275,000 permanent and seasonal employees, offering them $18 an hour plus $3,000 signing bonuses in some areas. It also offered to pay some workers’ college tuition starting this month.Amazon is the nation’s second-largest private employer after Walmart, and employs about 1 million U.S. workers. It has hired hundreds of thousands of workers during the pandemic to handle its increase in order volumes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":100315099,"commentId":"100315099","gmtCreate":1643173754804,"gmtModify":1643173754804,"authorId":3574636093461410,"author":{"id":3574636093461410,"idStr":"3574636093461410","authorId":3574636093461410,"name":"thammada","avatar":"https://static.tigerbbs.com/64bd66fcccfc86b5e81286648668869b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9090653396,"objectIdStr":"9090653396","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"[Smile]","text":"[Smile]","html":"[Smile]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}