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Golden Boot
(redirected from Golden Boot Award)

   Also found in: Wikipedia 0.01 sec.
Golden Boot
A lucrative severance package used to encourage an aging worker to voluntarily resign. The package may include cash and stock options, as well as equity in the company. Golden boots are most common when a company wishes to hire younger workers that may have skills that the older worker does not possess. It would cost the company money to retrain the older worker, and he/she may not learn the new skill as well. On the other hand, age discrimination laws may prevent the company from firing the older worker. The golden boot attempts to serve everyone's interest to the best of its ability. See also: Golden handshake.

golden boot
A lucrative financial package offered an employee who is being involuntarily terminated.


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Liverpool hit man Fernando Torres was picked by 45 per cent of managers to scoop the Barclays Golden Boot Award as top scorer, despite his hernia.
He was top scorer in Southern League football last season, firing 27 goals to take the Golden Boot award, while he hit 26 in 39 appearances for Willenhall a couple of seasons ago.
Berg (above) collected the Golden Boot award at the European Under21 Championship after netting seven times in four games.
 
 
 
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