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. Lamented one investment banker, "I dream of quitting every day, but I have too many commitments." Whoever called them golden handcuffs wasn't joking.
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.
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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