Idea #7842

If one day I found myself running a big company where due to the sheer number of employees, a lot of people were leaving at any given time, I would institute this policy:

Employees would vest 5% of their options (or some other incentive) if they choose to leave at a time when their project has reached a stable state.

As far as I know, other than protecting their reputation, most employees have no incentive to leave at times that are “convenient” for their projects. The cost of someone  leaving at a critical phase of a project (eg: just before launch) is probably more than the incentives for persuading them to stay on until a less critical time.

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Comments

  1. Hmm. One weird side effect of this is that it might encourage people to start a bunch of small, trivial, easy-to-get-into-a-stable-state-quickly projects so that they could vest faster.

  2. This idea would no longer make sense if it requires a lot of oversight or complicated mechanisms to prevent abuse. Perhaps I should post this on halfbakery.com and see what other people come up with.

  3. In my experience, the good employees tend to be conscientious about not leaving a company in the middle of a project. They have a sense of obligation and an internal desire to see a project through to completion. This applies to employees who have left my company as well as employees I am trying to hire from another company.

    If somebody leaves in the middle of a project, they probably weren’t going to be a big part of that project’s success if they had stayed.

    Perhaps this is related to the types of people I like to hire and to work with or perhaps it varies by geography.

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