Carly Fiorina gets canned at HP, then cashes a check for 22mln. I don't get it!
2007-10-19 16:29:01 · 8 answers · asked by The Oneder 2 in Health ➔ Mental Health
Because corporate officers get to make the decision on how much they get.
2007-10-20 07:26:57 · answer #1 · answered by Feeling Mutual 7 · 0⤊ 0⤋
Corporate officers are paid millions when they're fired to keep them silent with the trade secret they may have known from the company, when they're out.
2007-10-19 18:03:36 · answer #2 · answered by June A Y 1 · 0⤊ 0⤋
They have contracts that cover all those items. It is lots of attorney talk for "what do I get if I get fired?" "What do I get after 2 years? 4 years?" "Do I get my own bathroom with a shower?"
They have coverage for everything, including vacations and insurance benefits for the rest of their lives.
Get everything in writing and there is no way anyone can back out. WRITE AND DOCUMENT.
2007-10-19 16:36:59 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Golden Parachute negotiated into the employment contract .
Regardless of separation issues , the contracts are binding .
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2007-10-19 16:33:36 · answer #4 · answered by kate 7 · 0⤊ 0⤋
Employment contracts. God Bless you.
2007-10-19 16:37:22 · answer #5 · answered by ? 7 · 0⤊ 0⤋
Cause she hold company secreat info, dah
if you'r HP, and you dont want your info leaks, right?
That what you have to do.
2007-10-19 17:19:48 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Their severance package is included in their employment contract...... they know when they are hired what they will get when they leave.......... sometimes they even get more.....
2007-10-19 16:41:03 · answer #7 · answered by micky 3 · 0⤊ 0⤋
Because they throw it in their contract.
2007-10-19 16:37:32 · answer #8 · answered by Anonymous · 0⤊ 0⤋