golden handcuffs (redirected from Golden speedcuffs)

Golden Handcuffs

An incentive given to existing employees in hopes that they will decide to stay with the company.

Notes:

Employee stock options are an example of golden handcuffs. Often, much of the compensation received must be given back if the employee leaves for another company.

See also: Phantom Stock

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Golden handcuffs

A contract that binds a broker to a brokerage firm by offering the broker commissions and bonuses, but penalizes the broker if he or she goes to work for another firm.

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golden handcuffs

A lucrative incentive offered to a firm's executive in order either to keep him or her from moving to a job at another company or to buy the executive's longer-term cooperation after departure.