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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The workers who were been fired in stage one were not compensated any Golden Handshake in contrast to their counterparts in stage two.
Labour Research said its survey of firms' annual reports found 75 golden handshakes of pounds 100,000 or more, with some companies making more than one large pay-off in the year.
Examples included pounds 20,000 golden handshakes for veteran councillors who quit before June's elections; while the number of Gwynedd County Council staff earning more than pounds 40,000-a-year had risen by 60pc in a year from 32 to 51.
But severance pay is often into six-figure golden handshakes and there is always another club on the ready to take sacked managers on in the game of musical chairs.
My solution would be that we all took our money out of Lloyds TSB, but the fat cats would just walk away with their golden handshakes, while the ordinary branch workers face oblivion.
The 14 golden handshakes were of more than pounds 1 million were, it said, made to: Klaus Esser, Vodafone Group, pounds 9,153,000; Jim Mueller, Invensys, pounds 3,187,739; David Allvey, Barclays, pounds 1,615,000; Trevor Hilliard, Alliance & Leicester, pounds 1,488,000; Peter George, Hilton, pounds 1,373,000; John Hoerner, Arcadia, pounds 1,332,000; Jeremy Strachan, Glaxo Wellcome, pounds 1,265,000; Dino Adriano, J Sainsbury, pounds 1,237,000; James Cochrane, Glaxo Wellcome, pounds 1,198,000; John Parcell, Reuters, pounds 1,189,000; Arun Sarin, Vodafone Group, pounds 1,119,000; Ian Johnston, Cadbury Schweppes, pounds 1,110,000; Andrew Bonfield, SmithKline Beecham, pounds 1,052,000; James Moore, International Power, pounds 1,002,674.
99 percent of the time there are no golden handshakes, no consulting contracts, no more money to change hands.
DOZENS of former RUC and PSNI officers who got golden handshakes are back on the beat because of a shortage of detectives.
We could use the idea of golden handshakes, which has been successfully used in previous years with teachers, as a means of attracting people to Wales.
THERE is no way I will be supporting the golden handshakes for councillors.
MORE than pounds 16million has been spent on golden handshakes in the health service, it was revealed yesterday.