Photo: youtubeAn Arizona CEO is making anunusual offerto new hires.Chris Ronzio, the CEO of software company Trainual, will pay new employees $5,000 to resign if they are not satisfied in their positions after two weeks.“With today’s market, hiring teams have to move quickly to assess candidates and get them through the process to a competitive offer, so it’s impossible to be right 100 percent of the time,” Ronzio toldBusiness Insider.“The offer to quit allows the dust to settle from a speedy process and let the new team member throw a red flag if they’re feeling anything but excited,” he added.From his perspective, if a new hire leaves at the two-week mark, his company — which helps small businesses onboard, train and scale teams — has invested less in training than if the employee quits later.“Those who refuse the $5,000 miss out on something ‘extra’ at this point in the timeline, because they believe the long-term value of sticking with us is worth much, much more,” Ronzio revealed to Business Insider.The program first launched in May 2020 with a bonus of $2,500. Ronzio noted none of the 38 employees he has hired since have followed through on his offer.The CEObelieves his policy puts the power back in the employees' hands.Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories.“It’s a powerful thing for them to turn down the cash, opt-in, and commit. And it sets the stage for a great working relationship,” he told Business Insider.Ronzio’s unique offer comes as the “Great Resignation” is underway in the United States. A record4.5 million Americans quit their jobsin November with people citing low pay and poor working conditions as factors.
Photo: youtube
An Arizona CEO is making anunusual offerto new hires.Chris Ronzio, the CEO of software company Trainual, will pay new employees $5,000 to resign if they are not satisfied in their positions after two weeks.“With today’s market, hiring teams have to move quickly to assess candidates and get them through the process to a competitive offer, so it’s impossible to be right 100 percent of the time,” Ronzio toldBusiness Insider.“The offer to quit allows the dust to settle from a speedy process and let the new team member throw a red flag if they’re feeling anything but excited,” he added.From his perspective, if a new hire leaves at the two-week mark, his company — which helps small businesses onboard, train and scale teams — has invested less in training than if the employee quits later.“Those who refuse the $5,000 miss out on something ‘extra’ at this point in the timeline, because they believe the long-term value of sticking with us is worth much, much more,” Ronzio revealed to Business Insider.The program first launched in May 2020 with a bonus of $2,500. Ronzio noted none of the 38 employees he has hired since have followed through on his offer.The CEObelieves his policy puts the power back in the employees' hands.Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories.“It’s a powerful thing for them to turn down the cash, opt-in, and commit. And it sets the stage for a great working relationship,” he told Business Insider.Ronzio’s unique offer comes as the “Great Resignation” is underway in the United States. A record4.5 million Americans quit their jobsin November with people citing low pay and poor working conditions as factors.
An Arizona CEO is making anunusual offerto new hires.
Chris Ronzio, the CEO of software company Trainual, will pay new employees $5,000 to resign if they are not satisfied in their positions after two weeks.
“With today’s market, hiring teams have to move quickly to assess candidates and get them through the process to a competitive offer, so it’s impossible to be right 100 percent of the time,” Ronzio toldBusiness Insider.
“The offer to quit allows the dust to settle from a speedy process and let the new team member throw a red flag if they’re feeling anything but excited,” he added.
From his perspective, if a new hire leaves at the two-week mark, his company — which helps small businesses onboard, train and scale teams — has invested less in training than if the employee quits later.
“Those who refuse the $5,000 miss out on something ‘extra’ at this point in the timeline, because they believe the long-term value of sticking with us is worth much, much more,” Ronzio revealed to Business Insider.
The program first launched in May 2020 with a bonus of $2,500. Ronzio noted none of the 38 employees he has hired since have followed through on his offer.
The CEObelieves his policy puts the power back in the employees' hands.
Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories.
“It’s a powerful thing for them to turn down the cash, opt-in, and commit. And it sets the stage for a great working relationship,” he told Business Insider.
Ronzio’s unique offer comes as the “Great Resignation” is underway in the United States. A record4.5 million Americans quit their jobsin November with people citing low pay and poor working conditions as factors.
source: people.com
