HR Digest
FEBRUARY 20, 2020
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.
Harvard Business Review
DECEMBER 14, 2012
Disappointment doesn't discriminate; no matter what industry the individual operated in, what role they had been given, or whether they were soaring successes or mired in failure, five dominant themes shone through. Whoever called them golden handcuffs wasn't joking. I wish I had quit earlier.
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. Enron did not demand enough accountability, fairness, ethics and operational autonomy from its outside auditor. The Auditing Firm Employed by Enron.
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