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 classic literature ?
She had its wooden legs shod with gold, to keep them from wearing out, and the tinkle of these golden shoes upon the pavement always filled the Queen's subjects with awe as they thought upon this evidence of her magical powers.
The Brazilian star Neymar, a Paris Saint-Germain (PSG) player, has shaken up the competition to win the European Golden Shoe award, which is given to players who score the largest number of goals in European leagues.
As I said in the [European] Golden Shoe ceremony award, I would like to dedicate [these trophies] to the locker room," Messi said.
The Belgian is set to open De Gulde Schoen - The Golden Shoe - in Antwerp, the city where he was born.
Who won the Golden Shoe Award (top goal scorer) in the 2002 FIFA World Cup?
The four-time European Golden Shoe holder also said promising youngsters Neymar, Kylian Mbappe and experienced striker Luis Suarez have the potential to win the Ballon d'Or in the coming years.
On Friday, he was presented with his fourth Golden Shoe award for the top scorer in Europe, while his 30 titles put him alongside team-mate Andres Iniesta as the most in club history.
The Argentine superstar yesterday picked up the European Golden Shoe award for being the Continent's top scorer last season, two days after starting on the bench for Barca's Champions League clash with Juventus.
Messi leads the scoring charts in La Liga with 12 goals and on Friday picked up the 2017 European Sports Media Golden Shoe for being the top scorer in a domestic league last season with 37 goals, according to Reuters.
David Taylor won the European Golden Shoe in 1993/4 after firing 43 goals for Porthmadog that season.
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.
The 27-year-old has recently won the Golden Shoe award, together with Cristiano Ronaldo, after bagging 31 goals in the Premier League.