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.
(informal) payments deferred over a number of years that induce a person to stay with a particular company or in a particular job
Arrangements, options, perquisites, etc, that induce one to stay in one’s job: These ties that bind have become known in industry as golden handcuffs (1976+)
Financial benefits that an employee will lose upon resigning, as in The company’s presented all the middle managers with golden handcuffs, so they can’t afford to leave. This slangy business expression dates from the 1970s.
- Golden hand-shake
noun 1. a special incentive, as generous severance pay, given to an older employee as an inducement to elect early retirement. 2. the giving or offering of such an incentive. noun 1. (informal) a sum of money, usually large, given to an employee, either on retirement in recognition of long or excellent service or as […]
- Golden hello
noun 1. (informal) a payment made to a sought-after recruit on signing a contract of employment with a company
noun 1. the army of Mongol Tartars that overran eastern Europe in the 13th century, established a khanate in Russia, and maintained suzerainty there until the 15th century. noun 1. the Mongol horde that devastated E Europe in the early 13th century. It established the westernmost Mongol khanate, which at its height ruled most of […]
noun 1. an inlet of the Bosporus, in European Turkey: forms the inner part of Istanbul. noun 1. an inlet of the Bosporus in NW Turkey, forming the harbour of Istanbul Turkish name Haliç