golden boot

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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 ?
How do they do that now, do they make three golden boots? Or everybody gets it for three months?
Jurgen Klopp's reaction to Pierre-Emerick Aubameyang winning Golden Boot; Aubameyang won the Golden Boot alongside Liverpool duo Mohamed Salah and Sadio Mane
"To have a Golden Boot in the Euros, to have a Golden Boot - or should I say three Golden Boots - in the Premier League, then absolutely, why shouldn't you look at them?
Shearer: Winning World Cup Golden Boot could reshape Kane's career; THE AGENDA: Magpies legend shares experience of what goalscoring honour can do for forwards
Of those 28 Golden Boots, just 10 recipients also celebrated their team finishing top at the end of the season.
THE STATS BEHIND THE SUPER-STRIKERS; 28 Golden Boot gongs have been awarded WINNER
Peppa Pig: The Golden Boots features the 15-minute Peppa special The Golden Boots in which the little pig can't find her boots on the very day she is looking forward to making an almighty splash in the Puddle Jump Competition.
NEED IT
My shopping experience at Emax has always been enjoyable and I visited the Emax store in Othaim Mall, Hofuf to purchase a Laptop and filled a coupon to enter the Golden Boots Millionaire draw.
Emax names Golden Boot promotion winners
My shopping experience at Emax has always been enjoyable and I visited the Emax store in Barwa Plaza mall to purchase an Xbox for my child, whom I had promised to buy one if he cleared the exams, and filled a coupon to enter the Golden Boots Millionaire draw.
Emax announces winners of Golden Boot promotion
Rodriguez (right) is on the six-goal mark - a tally high enough to win eight of the last nine Golden Boots.
HOT ROD CAN GET THE BOOT; RESULT! with sports betting's top tipster DEREK McGOVERN E-MAIL: betsguru@aol.com; ADDITIONAL REPORTING BY JOHN SHAW,
The Emax Golden Boots promotion for the 2014 Fifa World Cup has impacted our business very positively, increasing our footfall by 30 per cent compared to the previous month.
World Cup lifts Emax TV sales 73 per cent
David Broughton, from Wrexham, yesterday won the first ever Ultimate Santa Golden Boots Award at the inaugural Guinness World Records Santathon.
TOP SANTA HAS TO EARN HIS GOLDEN BOOTS
BLYTH Spartans' goal machine Paul Brayson has targeted a hat-trick of Golden Boots - but will only be happy if the team make the Blue Square Bet North play-offs.
Spartans serious after seven wins and a draw; BLUE SQUARE NORTH
The club which has played more seasons of top flight football, played more matches, scored more goals (the only club currently to top 6,000)and still idolises a player known as the Golden Vision -Everton has also celebrated more golden boots than any other.
FOOTBALL: THE GOAL KINGS; DAVID PRENTICE begins his look at Everton's chart-topping goalscorers; A series that shows why Blues are the nation's golden boots
Every day and every night he has been thinking: 'If I get off to a good start, I've got a chance of winning the Golden Boot' - because that's the way a forward thinks.
Alan Shearer on how Euro 96 Golden Boot 'changed his life' - and reveals where he keeps his awards; At Euro 96 Alan Shearer won the Golden Boot - and he hopes Harry Kane can have a transformative experience like that this summer too
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