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golden handshake
(redirected from golden handshakes)

    Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.02 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
golden handshake n (Brit) → gratifica di fine servizio


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In the past, however, golden handshakes have frequently been given to forced-out city officials.
ANIMAL SERVICES DOGFIGHT MANAGER OF SHELTERS CLINGS TO JOB by Daily News (Los Angeles, CA)
As a condition for taking over Stuttgart, Anderson demanded carte blanche for the necessary bloodletting, and twenty-five dancers, both with and without tenure, were given golden handshakes, found other jobs, or let go.
Reid Anderson and the 'new' Stuttgart Ballet by Citron, Paula / Dance Magazine
Instead of cash, the winner receives a week's worth of television advertising, an hour on ``Oprah,'' book deals, golden handshakes with the city's top power brokers and, most important, a TV audience hungry for quality entertainment.
MAYORAL RATE RACE REALITY TV A TEMPTING ROUTE TO CITY HALL by Daily News (Los Angeles, CA)
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