HR Digest
FEBRUARY 20, 2020
The employer has the right to change as well as terminate the qualified retirement benefit plan or even discontinue operations; thereby abandoning the policy restricting it for only business requirements. Golden parachutes: This is an agreement between the companies and the key professionals.
Harvard Business Review
DECEMBER 14, 2012
The group was diverse: I spoke with a 39-year-old managing director of a large investment bank, a failing self-employed photographer, a millionaire entrepreneur, and a Fortune 500 CEO. Whoever called them golden handcuffs wasn't joking. I wish I had quit earlier.
Strategy Driven
MARCH 11, 2011
It was very ‘old school’ (a management style that was 40 years obsolete), though it pretended to be ‘new school.’ ’ 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. Communications.
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