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Golden handshake |
Also found in: Dictionary/thesaurus, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
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Golden handshake A large payment to a senior employee who is forced into retirement or fired as a result of a takeover or simular development. |
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? Mentioned in | ? References in periodicals archive | |
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| The one-page document outlines eight major areas on which Stuckey is to report by April 29 as part of the golden handshake approved by the Los Angeles City Council last month in the face of his threat to sue over being fired by Mayor Antonio Villaraigosa. After an initial flurry of projects--including a golden handshake commission at Hopkins' offices in Marylebone--Snell Associates has been relatively quiet. If your school district never has offered the golden handshake, you will receive a barrage of questions from your employees, probably under a cloud of suspicion. |
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Golden handshake
