Pay 'em to quit

INC. THIS MORNING Pay 'em to quit Good morning, All good things must come to an end. That's how Jack Altman and Eric Koslow, the co-founders of Lattice, view employee retention. The founders of the San Francisco-based maker of people management software know that the company will not be employees’ forever-job. But that doesn't mean they’re not invested in getting Lattice's more than 500-person team to stick around.  Among the company’s bevy of generous benefits one unique perk sticks out: a $100,000 investment for any employee who leaves Lattice and starts a company within one year. Read on for why the founders believe investing in employees, even after they leave, is the right move in a tight labor market. HERE'S WHAT ELSE I'M READING TODAY: Welcome to the summer of restaurant surcharges… and surly customers. –Inc.  This serial entrepreneur has raised $75 million to tackle a particularly hairy moonshot: bringing back the woolly mammoth from extinction. –Inc.  TikTok is only going to get bigger. Here's how to win the video app. –Inc.  Student-loan debt, inflation, and other financial worries are testing young workers’ social consciences. –WSJ For a time, SPACs were the preferred way for companies to go public. But changing market conditions and the threat of regulation are making Wall Street lose its appetite. –NYT  ONE MORE THING: Now is the perfect time to declare “meeting bankruptcy.” –Inc.  --Brit Morse Associate editor, Inc. How are we doing? Send me ideas and feedback at BMorse@inc.com and on Twitter at @britnmorse. Join the visionaries who choose Inc. as their trusted source for the most accurate reporting on business. Join Inc. Unlimited today. Click here to forward to a friend. This email was sent by: Mansueto Ventures 7 World Trade Center, 29th Floor New York, NY, 10007, Unsubscribe • Update Profile • View in Browser • Privacy Policy