Golden parachute

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I have to wonder about the personal ethics of candidates availing themselves of this scheme to get an additional golden parachute. You can get an additional golden parachute by selling the knowledge that you are leaving a firm. A market for this has been set up online. You can go to My Resignation and sell the information to executive recruiters the Kickstart Consultancy. For more information contact Paul Chatfield.

The pay scale is:

  • 500GBP for positions with basic salaries from …..40,000 to 60,000GBP
  • 750GBP for positions with basic salaries from …..60,001 to 80,000GBP
  • 1,000GBP for positions with basic salaries from … 80,001 to 100,000GBP
  • 1,500 GBP for positions with basic salaries above 100,000GBP

I believe this goes beyond the awards that recruiters sometimes offer to candidates who may know of industry moves. It feels like an escalation, though it doesn’t go far as actively entice resignations.