High-performing employees are often the most valuable assets in a company. Customers, products, technology, inventory and many other assets come and go.
A company that cannot hold on to its best employees, however, likely cannot grow. Yet few companies take any formal steps to minimize the risk of losing top employees. Sure, you pay your best employees well and presumably have a great culture and work environment. But your competitors can offer the same incentives. To truly hold on to your best people, consider tying them to your company with golden handcuffs.
“Golden handcuffs” is a generic term describing a wide
