HR Digest

FEBRUARY 20, 2020

The participants of the qualified plan need not pay any income tax on the amounts that are contributed on their behalf till the year the funds are evenly distributed to them by their employer. Or a seven-year gradual vesting period in which the participant obtains supremely fixed after three years of the service period.

Golden Handcuff 87

Golden Handcuff Golden Parachute Planning Participative 87

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. Whoever called them golden handcuffs wasn't joking. I wish I had quit earlier.

Career 10

Career Golden Handcuff Short-term CEO 10

Strategy Driven

MARCH 11, 2011

Thus, when Lay (CEO of Enron) was chairing a charity drive, Lay asked for 100% participation from the client’s firm, and the client reciprocated by edicting donations from his 200+ employees. I thought that demanding participation in one person’s pet cause was too punitive to the company’s employees and told the client so.

Strategic Planning 57

Strategic Planning Committee Golden Handcuff Media 57