golden boot

(redirected from Golden Boot Award)

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.
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golden boot

A lucrative financial package offered an employee who is being involuntarily terminated.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
In his young football career, Dorin shown brightest at the 2018 SingaCup where he won the Golden Boot award for most goals scored.
Meanwhile, for Jay McDowell, (right) on a personal level the week could not have gone any better with the Shamrock Park ace picking up the Minor section Golden Boot Award courtesy of his eight goals scored throughout the tournament.
Salah also won the Premier League Golden Boot Award for the second straight season, having scored 22 goals.
Salah, the Liverpool star, won the Golden Boot award jointly with his teammate Sadio Mani and Gabon's Pierre-Emerick Aubameyang of Arsenal.
Liverpool's Sadio Mane and Arsenal's Pierre-Emerick Aubameyang both scored twice on the final Sunday to share the Premier League's Golden Boot award for top scorer with last season's winner Mohamed Salah.
When all the final whistles sounded on Sunday for the last time this season, all three stars were handed their own Golden Boot award.
Davis Shirtliff's Abdullahi Noor won the Golden Boot Award in Division 1 after notching 20 goals, Ryan Kariuki of Cosmos Limited managed 16 goals to win the same in Division Two, Samuel Lemashon of Astral Aviation Limited was crowned the winner in Division 3 after banging in 19 goals, Patrick Otame of Tropical Heat won in Division Four with 18 goals while Seth Ondieki Nyakweba of Selecta One was the winner in Division Five after managing 14.
dpa Moscow Harry Kane's Golden Boot award as World Cup scorer is consolation for England after their exit in an extra-time semi-final defeat to Croatia.
Shearer not only finished at top scorer at Euro 96, he also won the Premier League Golden Boot award in three consecutive seasons between 1994 and 1997, twice at Blackburn and once at Newcastle.
7 Who won the Euro 2016 golden boot award? 8 How many rounds did Conor McGregor last against Floyd Mayweather Junior last summer?
The custom-made boots were donated by Adidas to celebrate Salah s Golden Boot award for finishing as the top scorer in the English Premier League (see page 62).
Mohamed Salah clutches his Golden Boot award as the top striker in the Premier League with a record-setting 32 goals in a 38-game campaign