- You give me a bonus to leave the company?
We first implemented the resignation bonus system in 2017. New entrants will receive one e-mail when they pass the basic course (the trial period) for three months after joining the company. There are two choices at the end of the e-mail. You must reply after deciding 1) whether you want to continue with the company or 2) whether you want to quit after receiving the resignation bonus.
▢ joinus: I want to continue with the company.
▢ pay to quit: I’ll take the resignation bonus and quit.
The resignation bonus system, which started with 2 million won for the first time, has been increased to 3 million won once and then increased to 5 million won from 2024.
It may not be easy to understand just by looking at the system. This is a system that pays a bonus to quit the company of your choice. When I first heard that I would implement the resignation bonus system, there were many opinions against it. Why do you pay the resigning employee? There were also many opinions that it would be better to invest that money in employee welfare. However, you need to think twice.
The Quitting Bonus Scheme provides new employees with the opportunity to ask themselves if they want to give up W5 million and work for the company. After three months of experience with the company’s mission, management philosophy, core values, and organizational culture, it gives them time to think about whether they can work happily for the company.
Continuing to work at the wrong company isn’t beneficial for both the individual and the company. Working with discontent every day is the way to make your life unhappy. Your co-workers will also become unhappy.
If hiring is the company’s decision, the resignation bonus system is the decision of new employees. If you decide to work for the company instead of the resignation bonus, you can become more immersed in the belief in your choice and live in the company. If you choose the resignation bonus because you think it’s not the right company, it’s better to say goodbye quickly. The resignation bonus system serves as the final step in hiring the right person.
According to the data so far, an average of 2% of new employees have decided to leave the company after receiving a resignation bonus. At the beginning of the system, I thought that quitting bonuses might be a waste, but looking back now, it’s not at all. It’s a good choice to provide roughly a month’s salary and quickly break up with each other that doesn’t match.
“We only want to go with employees who sympathize with our mission and dream together.”
This is the front line of the Quitting Bonus Letter. The most important thing to do is to empathize with your mission and vision, and to recruit the right people for your values and culture to organize your organization.