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Bonus to Quit Your Job

I came from Wall Street where bonuses are typically given out at the end of every year. Companies reward employees for a job well done, hoping that it will be an incentive to retain their top talent. But at Mavens, a cloud-consulting company for the health-care industry, they’ll pay you a bonus to quit.

Why on earth would they do that?

For the same reason, says CEO and co-founder Prasad “PK” Kanumury: To retain top talent.

The quitting bonus is only an option for new hires. It expires at the end of the first 45 days of employment. If the job isn’t what a person expected or they decide they’re unhappy; they have the right to accept 10 percent of their base salary as a bonus to leave the company.

The thinking goes that, if an employee is unhappy with the job, they’re going to be looking for a job anyway – while they’re on the company clock.
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