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Home arrow Business Tips arrow Employment Binders: Golden Handcuffs for the Working Class
Saturday, 26 July 2008
 
 

Employment Binders: Golden Handcuffs for the Working Class

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Employment Binders: Golden Handcuffs for the Working Class

Stock options and the availability for executives to cash in on them are often accompanied by what they called golden handcuffs. In other words if you leave the company you lose the rights to exercise the stock options and that means you will stay there longer working for the company rather than leave and take your working knowledge and expertise and go to another company.
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