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Offering Retirement Benefits to Employees: Pros and Cons

HR Digest

Here we bring to you precisely that information, with additional info about types of retirement benefits and the goals an employer would like to accomplish by offering retirement benefits. Golden handcuffs are specially designed to encourage long-term efficient relationships with the employees.

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Huawei’s Culture Is the Key to Its Success

Harvard Business Review

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.” As he puts it, he wants everyone to act like the boss.

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

Strategy Driven

’ 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. When goals are only in financial terms, the company is disproportionately lopsided. The term ‘audit’ is too micro-niche and limited.