Offering Retirement Benefits to Employees: Pros and Cons

HR Digest

Golden parachutes: This is an agreement between the companies and the key professionals. Golden handcuffs are specially designed to encourage long-term efficient relationships with the employees.

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. In their marketing, accounting and auditing firms claim to be full-service business advisors, in order to get business. Overt marketing hype led to an unwatchful marketplace…which always wakes up to the realities of business eventually.


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Using Supply Chains to Grow Your Business

Harvard Business Review

He is poised to become the leader in this segment of a multi-billion dollar market. Global supply chains can cut across many “cultures”: national, industry, technology, market segment, and more. Luckily, this single contract was pivotal in helping HarQen reposition themselves from a technology-driven voice response company, to a market-driven recruiting systems one. The challenge is to cast off the handcuffs while keeping the gold.

Huawei’s Culture Is the Key to Its Success

Harvard Business Review

Huawei’s revenue from overseas markets exceeded that from the Chinese market for the first time in 2005. For example, when Huawei expanded their 3G market in Europe, they noticed that European carriers expected base stations to be more compact, easier to install, greener, and more energy efficient, while offering wider coverage. This employee shareholding system is referred to within Huawei as the “silver handcuff.”