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What a silly policy. Who but the most short-sighted possible person would quit after only two weeks on a job? That's not enough time to know if it'll work out and $5,000 is less than the monthly take-home pay for many software engineers.

Wait until six months in, and offer three months' salary. Then you'll see who wants to stay and who doesn't.

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Your proposal will reward people who can find a new equivalent job in six months with a temporary 50% raise or fund people for three months to find another job.

Fine. They clearly weren't dedicated enough to my company/team. Isn't that the point?

Yeah I agree, I wouldn't do six months, I would do 1 month and offer 1 month.

If TONS of people are quitting a certain team, you know there's problems in that team.

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