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A Short History of Golden Parachutes

Harvard Business Review

Golden parachutes can’t seem to stay out of the news. Golden parachutes like these are hardly novel in American business. Golden parachutes such are now paid out even when executives leave amid scandal. Firms began adopting golden parachute-style payout packages in the late 1970s.

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The Compensation Silly Season

Harvard Business Review

Such surveillance gives board compensation committees the backbone to create reasonable plans that provide valid incentives, while eliminating egregious lump sum payments like golden parachutes and handshakes. I have no problem with journalists, shareholders, and others keeping a watchful eye on executive compensation.

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Offering Retirement Benefits to Employees: Pros and Cons

HR Digest

Retirement plans for a person are valuable benefits that impact both the present as well as future lives of the employees. Some of the reasons are: Around 75% of the employees expect their employees to provide better retirement benefit pension plans. The plan also can be used by the employer for their retirement.