Executives in many organizations receive golden parachutes


Executives in many organizations receive "Golden Parachutes" when they leave an organization. A "Golden Parachute" is basically a compensation package that an executive is guaranteed when he or she exits a company because of a merger or other organizational change. Why do companies offer this to executives, and do you feel that this is a good strategy?

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Operation Management: Executives in many organizations receive golden parachutes
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