golden handshake

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golden handshake

n. Slang

A lucrative severance agreement offered to an employee typically as an inducement to retire.

golden handshake

(Business / Industrial Relations & HR Terms) Informal a sum of money, usually large, given to an employee, either on retirement in recognition of long or excellent service or as compensation for loss of employment

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Noun

golden handshake - a lucrative severance agreement offered to an employee (usually as an incentive to retire)

severance agreement - an agreement on the terms on which an employee will leave

Translations

golden handshake n (Brit) → gratifica di fine servizio

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golden

severance agreement

The one-page document outlines eight major areas on which Stuckey is to report by April 29 as part of the golden handshake approved by the Los Angeles City Council last month in the face of his threat to sue over being fired by Mayor Antonio Villaraigosa.

MORE DETAILS REVEALED FROM STUCKEY CONTRACT EX-ANIMAL SHELTER CHIEF ... by Daily News (Los Angeles, CA)

After an initial flurry of projects--including a golden handshake commission at Hopkins' offices in Marylebone--Snell Associates has been relatively quiet.

New order by Gregory, Rob / The Architectural Review

If your school district never has offered the golden handshake, you will receive a barrage of questions from your employees, probably under a cloud of suspicion.

Rightsizing the Right Way by CONCANNON, JOHN P. / School Administrator

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