golden boot

(redirected from Golden Boot Award)
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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 26-year-old has been named in the prestigious World XIII, chosen by a 28-strong panel featuring leading RL writers and former winners of the Golden Boot Award, which is presented to the best player in the world.
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.
He scored again to finish with an astonishing 65 goals which will see him presented with the Corinthian Golden Boot award next week in a season which also saw him grab 50 plus goals for his Sunday side.
He is also the scoring threat Rodgers has been looking for, with 21 goals this season, and is on course to lift the Dutch golden boot award previously won by Luis Suarez and Ruud van Nistelrooy.
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.
Adam Rooney took his tally for the season to 19 in all competitions with a double at Motherwell and is 6-1 to wrestle the Golden Boot award from Celtic's Kris Commons.
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.
Student of Bhawanipur Education Society College, Pramod Kedia told ANI, "Miroslav Klose played really well and Thomas Muller took the Golden boot award.
Catalonia's Olayan, left, receiving the Golden Boot award.
Johnson was named League Young Player of the Year and the BBC Newcastle Player of the Year awards to go with his Golden Boot award as the NL Division One top scorer with 43 league goals.
GOLDEN BOOT: The top goal scorer at the World Cup receives the Golden Boot award.