By Joni Lindquist I recently saw a SimplyHired ranking of the 25 Highest Paying Jobs in 2016. Nine of the top ten highest were in the healthcare field – either doctors or dentists. Only a “Chief Executive” slid in at the number 10 spot. In fact, 4 of the next 5 –...
By Stewart Koesten What is a golden parachute? Golden parachutes are severance and other compensation agreements that protect key employees from the effects of a corporate takeover or change in control. Payments under golden parachutes are triggered by a change in...
By Joni Lindquist What are golden handcuffs? The term “golden handcuffs” does not refer to one specific method of retaining key employees. Rather, it refers to a combination of any of a number of different rewards and penalties given to key employees to...
By Joni Lindquist What planning considerations should executives bear in mind? Historically, many corporate executives (rather than their employers) have been in a position to propose or demand attractive compensation packages. In addition to competitive salaries,...
By Patrick Amey What is meant by “types of incentive packages?” Employers generally wish to attract, motivate, and retain qualified executives and other key employees. To do so, employers design compensation packages to serve these purposes. There exists a...
