(New York Post) Some of Bill Ackman’s employees will be sporting golden handcuffs soon.Ackman’s Pershing Square fund is now offering pension-like benefits to entice certain high-ranking employees to stay put longer.The benefit vests over 10 years and is forfeited if employees jump ship before. Employees who do not have profit interests in the firm will continue to receive a combination of salary and bonus.
Ackman Attempts to Entice Hedge Fund Execs to Stay Around
This entry was posted in Syndicated. Bookmark the permalink.
