HRMagazine, October 1st, 2000
These deals give executives unique compensation packages--and punish them financially if they jump ship.
The multinational corporation's management team knew that the company was going down the tubes. The board of directors figured the only solution was to get great talent into the executive suite and keep it there long enough to make a difference.
Getting the executives in the door was one thing. Getting them to stay, in today's job market, was another. Even when you're offering a salary that makes a half-million dollars look like chump change, it's not that hard for the multinational nex...
HighBeam Research, Free Preview: 'Golden Handcuffs.'... Full Membership required for unlimited access. Free 7-day trial.
Subscribers: HighBeam content is only available to HighBeam subscribers. Click the link above for more information.
