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golden handshake

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.01 sec.
golden handshake
token of gratitude bestowed on retiring employee after years of service. [Br. Pop. Culture: Misc.]
See : Farewell
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In a statement the Stuttgart-based firm said an agreement on the resignations had been reached with the supervisory board, and that Wiedeking -- said to be the best-paid executive in Germany -- will get a golden handshake worth 50 million euros (71 million dollars), with half that sum going to a "social foundation".
Porsche boss Wiedeking, financial director are out by AFP / AFP Global Edition
and meets decent community standards," Swan said, adding that some golden handshakes were "obscene".
Australia to outlaw excessive 'golden handshakes' by AFP / AFP Asian Edition
He said: "The one thing I didn't know about was the golden handshake for Mr Neary.
GORMLEY CALL OVER NEARY'S EUR630,000 by The Mirror (London, England)
 
 
 
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