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Leaders Are Dream Releasers

Joseph Lalonde

They shackle them with golden handcuffs or maybe they beat them down with unkind words. They believe you are going to lead them in the right direction. Maybe even help them achieve their dreams. Sadly, too many leaders believe their people are there to work for them and them alone. These leaders are not dream releasers.

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Take Off the Cuffs

Lead Change Blog

Posted in Leadership Development [link] “Golden handcuffs” is a phrase used to describe a system of financial incentives designed to keep key employees from leaving a company. If you are wearing them, however, they likely feel a lot more like a safety and security net, than like restraints.

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Offering Retirement Benefits to Employees: Pros and Cons

HR Digest

Golden handcuffs: This is an arrangement between the organizations and their primary executives wherein the executives are offered supplemental retirement benefits on fulfilling certain conditions, like being associated with the company until a particular age.

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Fast Friday with Tony Hsieh, CEO of Zappos.com (and P. Diddy.

Roundtable Talk

On the flip side, people who I know who don’t love their jobs but make lots of money seem to spend a lot of time throwing around words like “golden handcuffs” and seem to be perpetually stressed and unhappy. When it comes to long-term career happiness, money and titles wear off pretty quickly.

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The Top Five Career Regrets

Harvard Business Review

Whoever called them golden handcuffs wasn't joking. Lamented one investment banker, "I dream of quitting every day, but I have too many commitments." Another consultant said, "I'd love to leave the stress behind, but I don't think I'd be good at anything else." I wish I had quit earlier.

Career 8
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The Big Picture of Business – Business Lessons to be Learned from the Enron Scandal

Strategy Driven

’ It fostered a false sense of security for employees, paying higher salaries than the marketplace, thus keeping employees dependent upon the system via golden handcuffs. It was very ‘old school’ (a management style that was 40 years obsolete), though it pretended to be ‘new school.’

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Huawei’s Culture Is the Key to Its Success

Harvard Business Review

This employee shareholding system is referred to within Huawei as the “silver handcuff.” ” It is a system that is different from the more common stock option arrangement, which is often termed the “golden handcuff.” As he puts it, he wants everyone to act like the boss.