Reply #8: Regarding unemployment ....

[H2O Man]

Your young co-worker might benefit from you suggesting that he find another job, before he quits. That makes the issue of unemployment -- which he would not get -- a non-issue. Young folks would do well to understand that sometimes a job is like a flat tire -- you need to change it. But you make that change on your own terms. Have another job lined up.

My guess is that if you give him this advice, it will be of more value than any "bonus" your employer could give.