HR Digest
FEBRUARY 20, 2020
These plans are usually designed to give deferred compensation for single or more executives in an organization. Rabbi trusts: This is a non-qualified deferred compensation arrangement where the pension amounts are transferred directly to an irrevocable trust that is managed for the benefit of executive employees.
Roundtable Talk
JULY 30, 2010
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. Thanks Mark.
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Strategy Driven
JANUARY 15, 2013
For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. Click here to learn about the benefits of a StrategyDriven Premium Membership.
Harvard Business Review
DECEMBER 14, 2012
Whoever called them golden handcuffs wasn't joking. Said one sales executive, "Those years could have been spent working on problems that mattered to me. Lamented one investment banker, "I dream of quitting every day, but I have too many commitments." I wish I had quit earlier. You can't ever get those years back.".
Harvard Business Review
NOVEMBER 20, 2015
Compliance is crucial for pharmaceutical makers such as Abbott and Amgen – a “ Form 483 ” warning from an FDA inspector can shut down a drug facility in an instant and even land top executives in jail. When one customer is responsible for the lion’s share of your sales, it’s like golden handcuffs.
Harvard Business Review
JUNE 11, 2015
Ren Zhengfei asked Fei Min, his executive vice president of R&D, to entertain the delegation. 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.”
Strategy Driven
MARCH 11, 2011
I further made recommendations that future charitable requests would go through committee and that the client’s partners and key executives were better suited by serving on community boards, thus polishing their own luster. Executives never stayed long. Executives. No executive development program was held at Enron.
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