golden handshake


Also found in: Dictionary, Thesaurus, Legal, Financial, Idioms, Wikipedia.
Related to golden handshake: Flexi time

golden handshake

token of gratitude bestowed on retiring employee after years of service. [Br. Pop. Culture: Misc.]
Allusions—Cultural, Literary, Biblical, and Historical: A Thematic Dictionary. Copyright 2008 The Gale Group, Inc. All rights reserved.
Mentioned in ?
References in periodicals archive ?
The committee recommended golden handshake for the remaining employees on 4:1 formula or four salaries per year multiplied by the numbers of years served in the authority.
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.
Dawn Airey has been upped to the post of chief exec of Channel 5, replacing David Elstein, who exits with a hefty golden handshake.
May I suggest some goes towards giving Mr Gilburn his golden handshake. Fools we are not, Mr Gilburn.
Management consultant and strategist John Hall has observed that seasoned communicators and PR executives often resurface as consultants following early retirement or "golden handshake" termination settlement.
The picture bore a message, 'The golden handshake. Amani, umoja, upendo na ushirikiano [peace, unity, love and cooperation].'
PESHAWAR -- Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC) has offered Voluntarily Golden Handshake to the staff of the defunct Sarhad Development Authority (SDA) in pursuance of the decision of the provincial government, said a press release issued here on Tuesday.
SIR - What is the difference between people receiving benefits to survive and politicians who have their childcare, food, wine, spirits, beer, accommodation, gold plated pensions, golden handshake, travelling expenses, offices, heating, stationery and sundries paid by us?
I EXPECT like myself, many readers would be surprised to find that NHS employees have been entitled to a golden handshake on retirement, albeit as Ray Irwin states "nothing substantial" - pounds 10 for every year of service and pounds 150 for food for a celebration.
Comment OF THE DAY I AM appalled that former transport minister Stewart Stevenson has been given a golden handshake of pounds 7000.
KARACHI, March 24, 2010 (Frontier Star): Sindh High Court (SHC) has annulled the earlier decision of subordinate court, regarding golden handshake of 400 employees of agriculture department.