This is the best way to do headcount reductions imo. In large organisations there’s always someone who’s been there for a long time and gotten tired of the work, and that would gladly take this type of offer if it’s lucrative enough.
To demonstrate - imagine that you’ve been considering quitting your job for a while. Then someone comes along and says that if you do that, you also get some additional cash for free. You’d probably take it, right?
And if you necessarily need to reduce headcount, then there’s also the argument that if someone leaves voluntarily, then someone who wants to stay doesn’t have to get pushed out.
This is the best way to do headcount reductions imo. In large organisations there’s always someone who’s been there for a long time and gotten tired of the work, and that would gladly take this type of offer if it’s lucrative enough.
To demonstrate - imagine that you’ve been considering quitting your job for a while. Then someone comes along and says that if you do that, you also get some additional cash for free. You’d probably take it, right?
And if you necessarily need to reduce headcount, then there’s also the argument that if someone leaves voluntarily, then someone who wants to stay doesn’t have to get pushed out.
So yeah, I’m not against this
In my experience with this format, only the good ones are leaving and you’re stuck with the rest.