Lead Change Blog

JANUARY 17, 2014

Posted in Leadership Development [link] “Golden handcuffs” is a phrase used to describe a system of financial incentives designed to keep key employees from leaving a company. If you are wearing them, however, they likely feel a lot more like a safety and security net, than like restraints.

Golden Handcuff 288

Golden Handcuff Incentives Leadership Development Blog 288

Harvard Business Review

NOVEMBER 20, 2015

Ane Ohm, CEO of HarQen , a startup supplier of automated recruiting systems in Milwaukee, and her staff held over 100 patience-sapping meetings with a Fortune 500 customer before getting a first contract. When one customer is responsible for the lion’s share of your sales, it’s like golden handcuffs.

Supply Chain 8

Supply Chain Collins Golden Handcuff Pharmaceuticals 8

Harvard Business Review

JUNE 11, 2015

Huawei does it in part with the type of incentive performance system the company employs. 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.”

Succession 8

Succession Golden Handcuff IPO Long-term 8

Strategy Driven

MARCH 11, 2011

’ 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. Their system’s inability to deal with any kind of disruption. Maintaining too much of an entrepreneur and family business mindset.

Strategic Planning 57

Strategic Planning Committee Golden Handcuff Media 57