golden boot

(redirected from Golden Boot Award)

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.
References in periodicals archive ?
The striker, 24, has already goals for Tottenham this term after clinching his second successive Premier League Golden Boot award last season.
Kane, 21, has already hit 11 goals for Spurs this season after clinching his second successive Premier League Golden Boot award for the 2016-17 campaign.
Twenty --one- year- old striker Timo Werner received the Golden Boot award, scoring three goals and making two assists in the tournament.
But after collecting the Golden Boot award as well as the Young Terriers Player of the Year prize, the 25-year-old hopes it is not the last of the accolades.
HARRY KANE intends to chase Romelu Lukaku all the way to the finish post in a bid to hold onto the Premier League Golden Boot award he claimed last season.
Jay-R Sandoval was named as the season Most Valuable Player, Ralph Abriol took home the Golden Boot award for his 11 goals, Ralph Datoy bagged the Golden Glove award, and Jerome Marzan was feted as the Best Midfielder.
On 72 minutes Venables rounded the keeper to complete his hat-trick and bring up 20 goals for the season to secure himself another league Golden Boot award.
5m to Palestinian children in Gaza in 2014, in addition to giving away his Golden Boot award to the Real Madrid foundation, which was later put up for auction to raise money for building schools in Palestine.
The 29-year-old has been a prolific goalscorer for Ramsbottom United over the last four seasons, scoring more than 100 goals and, in 2013-14, winning the league's Golden Boot award.
The former Real Madrid, Barcelona and Inter Milan forward won two World Cups in 1994 and 2002 with Brazil, scoring eight times in the latter to claim the Golden Boot Award.
The Golden Boot award that Ronaldo is about to receive is his third like Lionel Messi while Suarez, on the other hand has never won the award before.
James Rodriguez won the Golden Boot award for achieving all the feats that I pointed out in my letter two days ago, which brings Los Cafeteros to second place after Germany in terms of awards won.