Twitter's employee retention strategy

Twitter Offers Cash Bonuses and Restricted Stock to Keep Employees from Leaving

After facing a 60% decline in its share value, Twitter cannot afford to lose its employees. This is why the social media company is going out of its way to keep its employees from leaving the organization for at least another 6 months or a year.

The company is reportedly offering cash bonuses and restricted stock to all its workers, ranging from top executives to junior employees. The incentive falls between $50,000 and $200,000.

Twitter has already lost four of its key executives over the last few months.

The microblogging giant is not the only one relying on this employee retention strategy. Other Silicon Valley companies are also using a similar strategy to retain their workforce.

 

Image Courtesy: thenextweb.com