article thumbnail

Talent Management Best Practice 4 – Know Your Artificial Employment Retainers

Strategy Driven

Every manager should seek to know the stay/leave propensity of his or her subordinates and certainly that of top performers. Recognizing these signs and factoring them into an assessment of employee loss risk is important to a manager’s ability to retain top talent. Talent Management Best Practice 1 – Ensure Employability.

article thumbnail

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

Roundtable Talk

From my perspective, chasing the dream not the paper is applicable whether you’re running a business or managing your career. 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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Offering Retirement Benefits to Employees: Pros and Cons

HR Digest

These plans are usually designed to give deferred compensation for single or more executives in an organization. Top-hat plans: This is a non-funded plan which is maintained by an employer to provide any deferred compensation to a specific group of management or highly compensated employees.

article thumbnail

The Top Five Career Regrets

Harvard Business Review

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. You can't ever get those years back.".

Career 9
article thumbnail

Using Supply Chains to Grow Your Business

Harvard Business Review

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. Manage culture by setting expectations appropriately. Manage the arduously long sales cycle.

article thumbnail

Huawei’s Culture Is the Key to Its Success

Harvard Business Review

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.”

article thumbnail

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

Strategy Driven

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. At Enron, it was dictatorial and repressive to new ideas. Communications.