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Golden Handcuffs originally aimed at high-level executives, these incentives now span across various levels within organizations, tailored to keep valuable talent from moving to competitors. However, the essence remains the same: making the cost of leaving prohibitively expensive.
From an HR perspective, the financial rationale is clear: retaining skilled employees is often more cost-effective than recruiting and training new ones.
Losing a valuable employee can cost an employer three to four times the employee’s salary,* highlighting the financial stakes involved.
Consequently, these incentives serve not just to retain talent but also to protect the company’s financial interests by discouraging movement