Sentences with phrase «golden parachute packages»

The list of financial and efficiency burdens on companies are numerous and common place, and include the 5 - day work week, health and safety codes, and executive golden parachute packages.

Not exact matches

Those numbers represent what's called «golden parachute compensation,» or severance packages allotted for executives who face a «qualifying termination» in connection with a sale of the company and change in command.

The board was accused of handing its executive director a lucrative severance package at the beginning of the year — a so - called Golden Parachute should he be pushed out by the new Democratic - controlled leadership team.

In 2003, when Langone was chair of the New York Stock Exchange compensation committee, he personally approved a $ 140 million compensation package for NYSE CEO Richard Grasso — a «golden parachute» that came in the wake of major corporate scandals including Enron and WorldCom.

(WBEN) Inspired by a «Golden Parachute» deal for the current Erie County Water Authority Executive Director who is likely to lose his job soon because of a change in political patronage power, Assemblywoman Monica Wallace is calling for a limit on these types of severance packages at authorities across New York State.

Homburger represents its clients before Swiss courts and arbitration tribunals in employment - related matters and advises on all employment law issues, in particular on: employment contracts for executives, including compensation packages, non-compete covenants and «golden parachutes»; standard employment contracts and customised employment concepts (contracts, regulations, employee handbooks); employee participation plans and variable compensation schemes (e.g., long - term incentive schemes, management participation on acquisitions, stock option plans, bonus and gratification schemes); transfer of business units and outsourcing; business restructuring (staff reduction, collective dismissals), contract and gardening leave; data protection; and posting of employees and work permit applications.