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Golden handshake
/ɡˈəʊldən hˈandʃeɪk/
/ɡˈoʊldən hˈændʃeɪk/Golden handshake
01
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a payment or package given to a worker, usually a high-ranking manager, when they leave a company
What is the origin of the idiom "golden handshake" and when to use it?
The idiom "golden handshake" also originates from the world of corporate finance and employment. This phrase is used to describe a lucrative severance package or financial arrangement offered to an employee upon their retirement or departure from the company.
Exempel
When the senior executive left the firm, she was granted a generous golden handshake as part of her departure agreement.
If the company downsizes, there might be several employees eligible for golden handshakes.
During the organizational changes, many employees were considering whether to accept the golden handshake offers.
The company is planning to restructure, and some senior employees may be offered golden handshakes to encourage early retirement.
The retiring CEO received a lavish golden handshake as a token of appreciation for his long service to the company.
