golden hello
(redirected from golden hellos)Also found in: Dictionary.
Golden hello
A bonus a securities firm pays to attract an employee from a competing firm.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Golden Hello
A large signing bonus that a securities company such as a brokerage or a hedge fund pays to an employee that it "steals" from a competitor. The golden hello exists to entice the employee to change jobs. The company pays a golden hello when it believes that the employee will be a valuable resource for the company and, perhaps more importantly, his loss to the other company will create a competitive disadvantage.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
golden hello
a large lump-sum payment made to a new employee of an organization as an inducement to join it.Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
golden hello
a large lump-sum payment made to a new director or worker of a company to attract him or her to join that companyCollins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005