Also found in: Dictionary, Idioms.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
golden handcuffa form of BONUS PAYMENT (cash or share allocation) made to retain key staff. Bonuses are not paid out immediately but at some set future date provided the person is still working for the firm.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
golden handcuffa ‘loyalty'bonus payment made to a director or worker of a company in order to induce him or her to remain with the business and resist attempts by other companies to be ‘poached’.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005