gardening leave

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gardening leave

a period of enforced leave from work.
References in periodicals archive ?
Check your restrictive covenants and the interplay with garden leave.
Bank of America (NYSE: BAC) has denied that it had implemented a garden leave policy for advisors in its US Trust business.
Just over 24 hours after Mr Hoffman announced his departure, the bank released the following statement: "Northern Rock confirms that Gary Hoffman has voluntarily waived his contractual right to be paid salary, pension and benefits for the period of his garden leave.
A Garden leave describes the situation where an employee is given notice of dismissal of his/her employment but is not required to work during the notice period but receives her/his normal pay for the period of notice.
Kenyon served only five months garden leave and is now at the Stamford Bridge helm plotting Chelsea's off-field revolution.
Global Banking News-February 18, 2011--BoFA said to have included garden leave clause for top brokers(C)2011 ENPublishing - http://www.