Boeing CEO Dave Calhoun to step down in management shakeup amid safety crisis

mraniki@lemmy.world to Technology@lemmy.world – 495 points –
reuters.com
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Golden handshake is coming in, golden handcuffs to keep you there, and golden parachute for your exit.

People need to remember that these only apply to high leadership. For us peons it usually is a Golden Shower.

Oh this can absolutely happen at the less luxurious positions. For instance, FAANG (the big 5 tech companies, if you don't work tech like 3/4 of the Fediverse) can afford to pay salaries well above any other employers. We're talking 200k-400k here, not obscene billionaire-class stuff. Once they grab you, they can treat you worse once you get adjusted to the salary that no one else can match. I've seen it happen to a lot of people who end up miserable until they leave and have to go through the readjustment period.