Amazon offers employees $10K and 3 months’ salary to quit

Amazon has announced a new incentive for current employees to start a small business owning and operating a package delivery company. This comes after the recent announcement that it plans to reduce its Prime shipping down to one day.

The incentive will fund the startup costs, up to $10,000, as well as the equivalent of three months of the former employee’s last gross salary, so employees-turned-business-owners can more easily get their package delivery companies off the ground.

“We received overwhelming interest from tens of thousands of individuals who applied to be part of the Delivery Service Partner program, including many employees,” said Dave Clark, Amazon senior vice president of worldwide operations. “Now we have a path for those associates with an appetite for opportunities to own their own businesses.”

Amazon says it will take an active role in helping interested employees launch their own package delivery businesses. Clark said employees will leave their role at Amazon to build their business knowing they will have consistent delivery volume from Amazon, access to the company’s sophisticated delivery technology, hands-on training and discounts on a suite of assets and services, including Amazon-branded vans customized for delivery, branded uniforms and comprehensive insurance.

Since the launch of the Delivery Service Partner program in June 2018, Amazon said it has helped create more than 200 new small businesses that have hired thousands of local drivers to deliver packages to Amazon customers. This year, the company says it plans to add hundreds more new businesses, starting with employees-turned-business owners. The program has also expanded to employees in the U.K. and Spain.

For Amazon, the incentive costs are expected to be recouped over time as the retailer reduces its reliance on USPS, UPS and FedEx by shifting more of its business over to its own delivery network

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