golden handcuffs


Also found in: Financial, Idioms, Wikipedia.

golden handcuffs

special benefits offered to an employee as an inducement to continue service

golden handcuffs

pl.n. (used with a sing. verb)
A lucrative incentive to an employee intended to discourage resignation or to ensure long-term cooperation after departure.

golden handcuffs

pl n
(Industrial Relations & HR Terms) informal payments deferred over a number of years that induce a person to stay with a particular company or in a particular job

gold′en hand′cuffs


n.pl.
a series of raises, bonuses, etc., given at specified intervals or tied to length of employment so as to keep an executive from leaving the company.
[1985–90]
Mentioned in ?
References in classic literature ?
Came then, from the back of the room a procession headed by the high dignitary whose office it was to make these two man and wife, and directly behind him a richly-clad youth bearing a silken pillow on which lay the golden handcuffs connected by a short length of chain-of-gold with which the ceremony would be concluded when the dignitary clasped a handcuff about the wrist of each symbolizing their indissoluble union in the holy bonds of wedlock.
The dignitary lifted the golden handcuffs from the pillow upon which they reposed.
WHEN Ant and Dec signed a golden handcuffs deal in 2016, ITV boss Kevin Lygo hit the nail on the head.
ANT and Dec's golden handcuffs ITV deal earned them PS8.4million last year, netting them PS23,000 a day.
It's no wonder the BBC are desperate to tie Turner to a "golden handcuffs" deal.
The move came after co-host PSPhillip Schofield signed a PS2million golden handcuffs deal with the channel.
The former chief constable, sacked for gross misconduct, was being sued by his ex-employer for PS500,000 in a bid to claw back salary and bonuses paid to him in a "golden handcuffs" deal which it claimed he should not have received in light of the scandal which led to his dismissal in 2012.
He is also due to receive shares worth PS19.5 million by 2018 under previous 'golden handcuffs' arrangements with the group in his previous role, to prevent him from joining rivals.
SOCIAL workers are leaving Kirklees Council - and moving to neighbouring Calderdale with a "golden handcuffs" deal.
The 34-year-old actress' three-year golden handcuffs deal, which was drawn up when she was hosting the breakfast show alongside Adrian Chiles, runs out this summer.