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Offering Retirement Benefits to Employees: Pros and Cons

HR Digest

The employer has the right to change as well as terminate the qualified retirement benefit plan or even discontinue operations; thereby abandoning the policy restricting it for only business requirements. Golden handcuffs are specially designed to encourage long-term efficient relationships with the employees. Conclusion.

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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. Enron did not demand enough accountability, fairness, ethics and operational autonomy from its outside auditor. The Auditing Firm Employed by Enron.