AdesBlog.com

Robert Kiyosaki Interivew on AlJazeera

Posted in » Business, Make Money - by Ades

24 Comments 

I am sure most of you don’t watch AlJazeera especially those who are in the States. So if you have missed, here is an interview with Robert Kiyosaki on AlJazeera with Riz Khan. Robert Kiyosaki is well known for his book “Rich Dad, Poor Dad”, his latest book is “Rich Dad’s Conspiracy of the Rich”.

What’s your opinion on the education system of your country? Does it prepare you to be successful businessman or good employee? I think in almost all countries in the world, it’s the latter. Please share your thoughts on this in the comments section.

Watch part-2 after the jump Read more »

How to get your questions answered from big companies

Posted in » Business, Online Tools - by Ades

13 Comments 

GetSatisfaction like FixYa is a place for you to get answers to your questions. But in GetSatisfaction your questions will be answered by the company representatives themselves and not by the crowd.

Moreover, in GS you can do more than just posting a question, you can actually submit ideas, suggestions, report an issue, give them praise etc. It seems many big companies are already on board with at least a dozen employees on support.

It’s a great way to get answers to your questions. Because usually these big elephants won’t get back to you if you use their contact form on their websites ;) - your emails just get dumped in their database. But here it’s in the open and transparent, so they most probably will answer your questions.

You can also get a feedback widget for your blog from GetSatisfaction like the one I am using from uservoice.

Website: www.getsatisfaction.com

“Golden handshakes” make top executives of ailing companies rich

Posted in » Business - by Ades

11 Comments 

When the companies are crashing left and right and losing literally billions of dollars in this crisis, who gains the most? It’s the top management of these companies! Because most of the Fortune 500 companies have a thing called “golden handshakes” for their top executives.

A golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case that the executive loses his or her job through firing, restructuring, or even scheduled retirement. This can be in the form of cash, equity, and other benefits, and is often accompanied by an accelerated vesting of stock options.

Typically, “golden handshakes” are offered only to high-ranking executives by major corporations and may entail a value measured in millions of dollars. Wikipedia

CEO’s and top executives of troubled companies have been getting millions of dollars as their compensation for their job loss.

Here is a nice graphical illustration of these statistics. It’s just amazing.

What is your opinion on these compensations, and their amount? Do you think it’s fair? Do you think too much is being given out? Appreciate your feedbacks. I will hold my opinion as not to skew your answers.

P.S. The author wrongly used the phrase “golden parachutes” instead of “golden handshakes”. Golden parachutes refer to the compensations for the job loss by executives due to acquisitions or mergers specifically. However it has been used interchangeably with golden handshakes a lot during this crisis.