[quote=Unregistered]But it's a derogatory term.(/QUOTE]


I guess it depends from which perspective you are looking at it from.

From ERAC upper mgt perspective, "Golden Handcuffs" are the only tool you need to rely on to retain most key employees. As an employee's income goes up the company's efforts to make the employee feel any good about thier contributions goes down in an equal amount. Then after a couple of really good years, the employee is used to the big bucks and the company knows that 99% of these high income employees will never leave becuase they are stuck due to thier earnings.

By the way... golden handcuffs is a pretty common term in the business world in general...........