golden handcuffs(redirected from Golden speedcuffs)
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An incentive that makes it very unlikely that an employee will leave a company. For example, an employer may offer an exceptionally good health insurance policy at a reduced cost to an employee. The term has a slightly negative connotation because some believe these incentives reduce innovation in an economy.
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.