Quote:
Originally Posted by Unregistered
to declare something only to defer it sounds silly
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It is quite similar in private sector. We call it the golden handcuff and is usually used to keep top performers.
I had to give up more than 70k of deferred bonuses (cash and shares) when i left a listed company, so it is not uncommon and certainly not silly from the company's perspective. You only see it as silly because you want to get it now.