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golden handshake
(redirected from Golden Umbrellas)

    Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
golden handshake
n. Slang
A lucrative severance agreement offered to an employee typically as an inducement to retire.
golden handshake
n
(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
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.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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