• catloaf@lemm.ee
    link
    fedilink
    English
    arrow-up
    35
    arrow-down
    1
    ·
    9 months ago

    Golden handshake is coming in, golden handcuffs to keep you there, and golden parachute for your exit.

    • northendtrooper
      link
      fedilink
      English
      arrow-up
      6
      ·
      9 months ago

      People need to remember that these only apply to high leadership. For us peons it usually is a Golden Shower.

      • a lil bee 🐝@lemmy.world
        link
        fedilink
        English
        arrow-up
        4
        ·
        9 months ago

        Oh this can absolutely happen at the less luxurious positions. For instance, FAANG (the big 5 tech companies, if you don’t work tech like 3/4 of the Fediverse) can afford to pay salaries well above any other employers. We’re talking 200k-400k here, not obscene billionaire-class stuff. Once they grab you, they can treat you worse once you get adjusted to the salary that no one else can match. I’ve seen it happen to a lot of people who end up miserable until they leave and have to go through the readjustment period.