golden handshake


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golden handshake

token of gratitude bestowed on retiring employee after years of service. [Br. Pop. Culture: Misc.]
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References in periodicals archive ?
KPEZDMC management has paid golden handshake to the employees of the defunct SDA who opted for GHS voluntarily.
Justices Kihara Kariuki, Kathurima M'Inoti and Jamila Mohamed said Telkom should pay its control and unionisable team the comparative of two-and-a-half months' primary wage for each year of completed service, Sh40,000 in transportation considerations and at least Sh150 million Golden Handshakes.
There are many who have worked for 25 years, and possibly over their lifetime - 50 years or more - without any so-called golden handshake, and did not expect one.
It is time for people power to tell these crooks you're sacked and there will be no golden handshake and no pension for fiddling their expenses over the years that they have been in Parliament.
Members of the Communication Workers Union held a rally which saw demands that Royal Mail chairman Allan Leighton should not receive a golden handshake when he steps down next March.
The one-page document outlines eight major areas on which Stuckey is to report by April 29 as part of the golden handshake approved by the Los Angeles City Council last month in the face of his threat to sue over being fired by Mayor Antonio Villaraigosa.
We still have players at Villa now who will probably have to receive a golden handshake to leave and that will be even more money wasted.
And now Mariah Carey, the woman who 'doesn't do stairs' but does do 'puppies and pink toilet rolls' is quitting her record label in return for a pounds 35 million golden handshake.
THE Trade Minister given a peerage so that he can take up his new job has also been rewarded with a PS9million golden handshake from his previous employer BT.
I REFER to the letter from Ray Irwin (You Say, April 25) regarding no golden handshake for his wife after 25 years' loyal service to the NHS.
Comment OF THE DAY I AM appalled that former transport minister Stewart Stevenson has been given a golden handshake of pounds 7000.
But then she said she needed the golden handshake to '"help put food on the table for my family until December'".