Getting Paid to Quit

By on September 16, 2005

IBM to Encourage Employees to Be Teachers: This is definitely an interesting and unorthodox approach for what IBM sees as a growing problem.

[IBM], worried the United States is losing its competitive edge, will financially back employees who want to leave the company to become math and science teachers.

[…]

While many companies encourage their employees to tutor schoolchildren or do other things to get involved in education, IBM believes it is the first to guide workers toward switching into a teaching career.

[…]

The workers would have to get approval from their managers to participate. If selected, the employees would be allowed to take a leave of absence from the company, which includes full benefits and up to half their salary, depending on length of service.

In addition, the employees could get up to $15,000 in tuition reimbursements and stipends while they seek teaching credentials and begin student-teaching.

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