Employment "Chaptership" Experiment in Tech Startup

http://www.businessinsider.com/jolt-ceo-roei-deutsch-chapterships-2017-2

Jolt is a startup based in San Francisco that gives a platform to companies around the world and connects them with Silicon Valley professionals for video-conferenced lectures. CEO Roei Deutsch believes that “the opportunity to learn is a more powerful attractor for top talent rather than lavish startup perks like snack kitchens or yoga class”. 

After sponsoring studies of the habits and desires of Silicon Valley and NYC tech workers, they came up with a “chaptership” concept, as a new kind of employment to try out for their company. There are two key components to the chaptership philosophy. 

1. After two years your job is done no matter what. This doesn't mean you’re necessarily fired, it just means that once your two year mission is up, you find a different mission within the company.
2. There are no startup perks, and employees are payed below market rate. The money is reinvested into employee success. Employees come in with a list of things they want to learn, and Jolt invests tremendous resources and assigns a manager to each employee.

I’ve included the company’s infographic and the link to the article for more details about the company and their experiment. I find this experiment interesting, especially because the workforce is constantly changing and young people aren't looking for lifetime careers. This concept of chaptership can be related to one of the points that Mazzucato made in her book about the new economy business model. This model represents low commitment on the part of corporations to offer stable employment, skill formation, and predictable and rewarding careers. Employees in this model do not expect to develop a life-long career in a single enterprise. I think that while it is not that stable of a position, it would be an cool experience to work in an environment like Jolt because of the emphasis they place on mentorship and learning new skills.

Would any of you be interested in working for a company that uses the chaptership concept?