3 ms·
Pardon my ignorance but what is golden handcuffs?
by borplk 12y ago
Pardon my ignorance but what is golden handcuffs?
- ryanburk 12y agousually it is an option or stock award grant that is valuable enough when fully vested over a long term (usually 4-5 years) that it is very hard to walk away from it. it "handcuffs" you to the company. http://en.wikipedia.org/wiki/Golden_handcuffs http://en.wikipedia.org/wiki/Golden_handcuffs
- winslow 12y agoGolden handcuffs are a way to keep a key person at a company through massive payouts. For example the tumblr deal netted the CEO a massive golden handcuff of ~81 million to stay til 2017. [1] [1] - http://news.sky.com/story/1126468/yahoo-tumblr-founder-nets-golden-handcuff http://news.sky.com/story/1126468/yahoo-tumblr-founder-nets-...