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golden handcuffs

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golden handcuffs

financial arrangements given by a company to an important employee in order to influence them to stay with the company Share options are offered to top executives as golden handcuffs.

See also: golden, handcuff

golden handcuffs

Financial benefits that an employee will lose upon resigning, as in The company's presented all the middle managers with golden handcuffs, so they can't afford to leave . This slangy business expression dates from the 1970s.

See also: golden, handcuff

golden handcuffs

n. monetary inducements to stay on the job. (see also golden parachute.) The company provided a variety of golden handcuffs to keep its execs happy through a takeover.

See also: golden, handcuff