1. Golden handcuffs agreement is usually meant for prestigious employees or executive members of a company. The large payouts associated with these arrangements can trigger substantial tax liabilities for the recipients, so it can make sense to create deferred compensation arrangements that delay the nRead more

    Golden handcuffs agreement is usually meant for prestigious employees or executive members of a company. The large payouts associated with these arrangements can trigger substantial tax liabilities for the recipients, so it can make sense to create deferred compensation arrangements that delay the need for tax payments. It would also depend on what kind of incentives are provided, some may include taxes and some may not. For instance, phantom stock may be viewed as one example of a golden handcuffs arrangement and there is generally no taxable income for the holders of phantom shares until the employee redeems the phantom shares at a later date.

    See less
    • 0

  1. Hey Maitya, as you may know that golden handcuffs is an agreement which settles to give you the incentives that you would have to relinquish if you quit. If you have already decided to break them and lose the perquisites then I would just tell you to stick to your decision although I would suggest yRead more

    Hey Maitya, as you may know that golden handcuffs is an agreement which settles to give you the incentives that you would have to relinquish if you quit. If you have already decided to break them and lose the perquisites then I would just tell you to stick to your decision although I would suggest you to analyse well on whether you are doing your optimal job or not and whether or not your handcuffs are actually golden. Once you make your decision to break them, carry it forward. Change your company, get a pay cut and adjust your budget. Work on different things which might get you an extra income and invest well to manage your bank balance.

    See less
    • 0

  1. To first understand what a golden handcuffs is, it is a phrase which refers to, "financial allurements and benefits that have the objective to encourage highly compensated employees to remain within a company or organization instead of moving from company to company." It is introduced because theseRead more

    To first understand what a golden handcuffs is, it is a phrase which refers to, “financial allurements and benefits that have the objective to encourage highly compensated employees to remain within a company or organization instead of moving from company to company.” It is introduced because these days it is a tough job for a company to retain their skilled and talented employees and in order to do that they have established golden handcuffs agreement. Speaking of which, a golden handcuff agreement is a contractual compulsion between an organization and employee often meant for top-level executives or highly skilled individuals. These incentives are provided so that they will encourage that individual to stay with the company. Such employees are in high demand and are likely to leave if they receive a better offer from another organization. The incentives are given on the condition that the employee must give up them if she decides to leave.

    See less
    • 0

  1. The five levels of Maslow's hierarchy of needs bottom to top are as mentioned below: 1. Physiological needs: These are the basic needs physical human needs like feeling thirsty or hungry. 2. Safety: Once the physiological needs are met, humans look for safety. Hence safety needs come second. 3. BeloRead more

    The five levels of Maslow’s hierarchy of needs bottom to top are as mentioned below:
    1. Physiological needs: These are the basic needs physical human needs like feeling thirsty or hungry.
    2. Safety: Once the physiological needs are met, humans look for safety. Hence safety needs come second.
    3. Belongingness and love: A safe human then wants to feel belonged and loved. The need to be in relationships comes next.
    4. Esteem: This talks about feeling good for ourselves.
    5. Self actualization: Once all the above needs are satisfied, human moves towards self actualization.

    See less
    • 0

  1. Maslow's motivational theory is a theory of hierarchy of needs that comprises of five tiers. Maslow's theory states needs that are lower down in the hierarchy should be satisfied for people to achieve needs higher in the hierarchy. From bottom to up, Maslow's hierarchy consists of following needs: 1Read more

    Maslow’s motivational theory is a theory of hierarchy of needs that comprises of five tiers.
    Maslow’s theory states needs that are lower down in the hierarchy should be satisfied for people to achieve needs higher in the hierarchy.
    From bottom to up, Maslow’s hierarchy consists of following needs:
    1. Physiological needs
    2. Safety needs
    3. Belongingness and love needs
    4. Esteem needs and
    5. Self actualization

    See less
    • 0

  1. Communication skills are a crucial part of individuals personal as well as professional life. Here are 5 rules for effective communication: 1. Know your audience: It is very important to know the audience to whom you are trying to communicate the message. If you don't know the audience, it becomes vRead more

    Communication skills are a crucial part of individuals personal as well as professional life. Here are 5 rules for effective communication:
    1. Know your audience: It is very important to know the audience to whom you are trying to communicate the message. If you don’t know the audience, it becomes very difficult to establish a connect and communicate your message.
    2. Timing: You should be aware of when and what message should be communicated. Right message at the wrong time may not be appreciated by the audience.
    3. Communicate what people want to hear: Don’t try to put across what you want to communicate, communicate in a way that the audience wants to hear.
    4. Communication should be two way: Communication does not mean broadcasting. A two way communication ensures effective communication.
    5. Leave ego: Don’t get offended if what you are trying to communicate is not getting through. Don’t blame the audience.

    See less
    • 0

  1. A communication process has 7 elements. They are as listed below: 1. Sender: The initiator of a message in the process of communication. 2. Ideas: These include the information that needs to be sent across to the destination. 3. Encoding: It represents converting the message into symbols. Using emotRead more

    A communication process has 7 elements. They are as listed below:
    1. Sender: The initiator of a message in the process of communication.
    2. Ideas: These include the information that needs to be sent across to the destination.
    3. Encoding: It represents converting the message into symbols. Using emotions and long sentences to put across the message.
    4. Communication channel: It is the medium you use to communicate your message.
    5. Receiver: Receiver is the final destination for whom the message was intended.
    6. Decoding: It is the process of interpreting the encoded message received from the sender.
    7. Feedback: It implies responding to the message received.

    See less
    • 0