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"Golden parachute" is just a pejorative for "severance pay." And, it shouldn't be surprising the person hired to be a company's chief negotiator tends to negoti
by ben509 7y ago
"Golden parachute" is just a pejorative for "severance pay." And, it shouldn't be surprising the person hired to be a company's chief negotiator tends to negotiate themselves a good deal.
- gilrain 7y agoThat's only technically true. We don't usually think of "severance pay" as being enough to live in luxury, without working, for the rest of your life and provide enough inheritance for your offspring to be significantly privileged. For most of us, severance pay is maybe enough to cover basic living expenses at a lower quality of life for a few months. A difference of that magnitude definitely deserves its own jargon.
- ben509 7y agoThe point of jargon, though, is that it's not loaded with value judgements. > A difference of that magnitude... This neatly highlights the problem with claiming this is somehow objective: what magnitude, and why? And how is your judgement here objective?