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  • Atricle Dump - Employment Binders: Golden Handcuffs for the Working Class

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    the company, which also owns the credit union. Once you borrow the money you can't really ever quit your job because you will not be able to pay for your home and therefore you are locked in.

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    Stock options and the availability for executives to cash in on them are often accompanied by what they called golden handcuffs. In other words if you leave the company you lose the rights to exercise the stock options and that means you will stay there longer working for the company rather than leave and take your working knowledge and expertise and go to another company. This strategy works very well for keeping intact organizational capital amongst the top executives.

    But did you know that there are employment binders and strategies such as the golden handcuffs that are used for the working class as well? Consider if you will that most large corporations have credit unions and they can help you buy a home and they know you will pay back the money because you have a job working at the company, which also owns the credit union. Once you borrow the money you can't really ever quit your job because you will not be able to pay for your home and therefore you are locked in.

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    e the stock options and that means you will stay there longer working for the company rather than leave and take your working knowledge and expertise and go to another company. This strategy works very well for keeping intact organizational capital amongst the top executives.

    But did you know that there are employment binders and strategies such as the golden handcuffs that are used for the working class as well? Consider if you will that most large corporations have credit unions and they can help you buy a home and they know you will pay back the money because you have a job working at the company, which also owns the credit union. Once you borrow the money you can't really ever quit your job because you will not be able to pay for your home and therefore you are locked in.

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    y well for keeping intact organizational capital amongst the top executives.

    But did you know that there are employment binders and strategies such as the golden handcuffs that are used for the working class as well? Consider if you will that most large corporations have credit unions and they can help you buy a home and they know you will pay back the money because you have a job working at the company, which also owns the credit union. Once you borrow the money you can't really ever quit your job because you will not be able to pay for your home and therefore you are locked in.

    C

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    orking class as well? Consider if you will that most large corporations have credit unions and they can help you buy a home and they know you will pay back the money because you have a job working at the company, which also owns the credit union. Once you borrow the money you can't really ever quit your job because you will not be able to pay for your home and therefore you are locked in.

    C

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    the company, which also owns the credit union. Once you borrow the money you can't really ever quit your job because you will not be able to pay for your home and therefore you are locked in.

    Credit unions offer a variety of credit products including credit cards, special discount car loans and of course home equity loans as well. The more you want as a consumer the more you are bound to continue to work for the company so that you can pay for the money that you borrowed. Of course this is all your choice and your doing and it is not considered economic enslavement because you do not have to partake or participate in the borrowing of money if you choose not to. Nevertheless perhaps you'll consider this strategy, how it is used and how it will affect you. Consider this in 2006.

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