Amazon Offering Employees $10K Incentive to Quit and Start Their Own Delivery Businesses
In the past several years, Amazon employees have often expressed disgruntlement about how the company treated them. Some of the complaints have seemed legitimate, some merely the logical response to the company becoming the financial giant that it is.
Now, Amazon is taking its money and offering its entrepreneurial-minded employees a great opportunity:
The offer, announced Monday, comes as Amazon seeks to speed up its shipping time from two days to one for its Prime members. The company sees the new incentive as a way to get more packages delivered to shoppers' doorsteps faster.
Amazon says it will cover up to $10,000 in startup costs for employees who are accepted into the program and leave their jobs. The company says it will also pay them three months' worth of their salary.
The offer is open to most part-time and full-time Amazon employees, including warehouse workers who pack and ship orders. Whole Foods employees are not eligible to receive the new incentives.
According to the article, this is an expansion of a program begun last year, and is part of an effort by Amazon to be in greater control of its deliveries.
One employee who took advantage of the original version of the program less than a year ago is already having great success:
One of them is run by Milton Collier, a freight broker who started his business in Atlanta about eight months ago. Since then, it has grown to 120 employees with a fleet of 50 vans that can handle up to 200 delivery stops in a day. It has already been preparing for the one-day shipping switch by hiring more people.
As opportunities for entering into the business world go, this seems a lot better than incurring hundreds of thousands of dollars of college debt before ever going on an interview.