Harvard Business Review

DECEMBER 14, 2012

Lamented one investment banker, "I dream of quitting every day, but I have too many commitments." Whoever called them golden handcuffs wasn't joking. What was surprising, though, were the feelings of helplessness these individuals were facing. I wish I had quit earlier.

Career 10

Career Golden Handcuff Short-term CEO 10

Harvard Business Review

JUNE 11, 2015

As one Huawei employee said: “The pads were to us a representation of hard work in the old days and this idea has now been translated into the spirit of being dedicated to do the best in anything we do” Knowing that a dedicated and committed work force makes companies more competitive is not a too difficult concept to understand.

Succession 8

Succession Golden Handcuff IPO Long-term 8

Strategy Driven

MARCH 11, 2011

’ 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. Commitment from workers drops because no corporate culture was created or sustained. Team empowerment suffers. Morale is low or uneven.

Strategic Planning 57

Strategic Planning Golden Handcuff Committee Media 57