golden boot

(redirected from Golden Shoe)

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 ?
But Ronaldo, presented with his fourth European Golden Shoe this week, said: "I have a contract until I am 33 and - as I have said a number of times - my dream is to finish here with Real.
But Ronaldo, presented with his fourth European Golden shoe this week, said: "Logically, I have a contract until I am 33 and - as I have said a number of times - my dream is to finish here with Real Madrid.
David Taylor won the European Golden Shoe in 1993/4 after firing 43 goals for Porthmadog that season.
LUIS SUAREZ gives credit where it's due on being awarded the Golden Shoe this week Germany may no longer be a World force, but what a fabulous result and point for Ireland.
Personal success is always welcome and makes you happy, because that's recognition of the good work you have done," said Suarez, who will receive the Golden Shoe for being Europe's joint leading scorer from Kenny Dalglish this week.
TEHRAN (FNA)- Liverpool star Luis Suarez and Real Madrid attacker Cristiano Ronaldo are joint winners of the European Golden Shoe this season after scoring 31 goals each in the Premier League and La Liga respectively.
The 27-year-old has recently won the Golden Shoe award, together with Cristiano Ronaldo, after bagging 31 goals in the Premier League.
London, May 18 ( ANI ): Liverpool striker Luis Suarez will end the season as the joint winner of the Golden Shoe award for being the top scorer in European football after Real Madrid striker Cristiano Ronaldo's injury saw him withdraw from his side's clash with Espanyol on Saturday.
The Argentinian helped Barcelona win the Spanish League Championship last season, and he picked up the European Golden Shoe award in the process thanks to 46 La Liga goals.
Argentina star Messi, the four-time reigning Fifa Ballon d'Or winner, helped Barca win the Primera Division title last term with 46 league goals - earning him the European Golden Shoe award.
Core Element denied Fastidious by a nose to win the 7f handicap under 5lb claimer Colin Keane three weeks ago, and the following Friday Golden Shoe landed an identical race, beating today's rivals Suehail and Maundy Money into second and fourth.
3 Who is the only player to win European football's Golden Shoe as top scorer in different years and playing in different national leagues?