Download the app
educalingo
Search

Meaning of "golden handshake" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF GOLDEN HANDSHAKE

golden handshake play
facebooktwitterpinterestwhatsapp

GRAMMATICAL CATEGORY OF GOLDEN HANDSHAKE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Golden handshake is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES GOLDEN HANDSHAKE MEAN IN ENGLISH?

Golden handshake

A golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case that the executive loses his or her job through firing, restructuring, or even scheduled retirement. This can be in the form of cash, equity, and other benefits, and is often accompanied by an accelerated vesting of stock options. According to Investopedia, golden handshake is similar to, but more generous than a golden parachute because it not only provides monetary compensation and/or stock options at the termination of employment, it includes the same severance packages executives would get at retirement. The term originated in Britain in the mid-1960s. It was first coined by the city editor of the Daily Express, Frederick Ellis. It later gained currency in New Zealand in the late 1990s over the controversial departures of various state sector executives. Typically, "golden handshakes" are offered only to high-ranking executives by major corporations and may entail a value measured in millions of dollars.

Definition of golden handshake in the English dictionary

The definition of golden handshake in the dictionary is a sum of money, usually large, given to an employee, either on retirement in recognition of long or excellent service or as compensation for loss of employment.

WORDS THAT BEGIN LIKE GOLDEN HANDSHAKE

golden eagle
Golden Fleece
Golden Gate
Golden Gate Bridge
golden girl
golden goal
golden goodbye
golden goose
golden hamster
golden handcuffs
golden hello
Golden Horde
Golden Horn
golden hour
golden jubilee
golden mean
golden mole
golden number
golden oldie
golden opportunity

WORDS THAT END LIKE GOLDEN HANDSHAKE

antishake
ashake
funny handshake
hake
handshake
headshake
mana motuhake
milk shake
milkshake
shake
wind shake

Synonyms and antonyms of golden handshake in the English dictionary of synonyms

SYNONYMS

Translation of «golden handshake» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF GOLDEN HANDSHAKE

Find out the translation of golden handshake to 25 languages with our English multilingual translator.
The translations of golden handshake from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «golden handshake» in English.

Translator English - Chinese

金色的握手
1,325 millions of speakers

Translator English - Spanish

apretón de manos de oro
570 millions of speakers

English

golden handshake
510 millions of speakers

Translator English - Hindi

गोल्डन हैंडशेक
380 millions of speakers
ar

Translator English - Arabic

المصافحة الذهبية
280 millions of speakers

Translator English - Russian

золотой рукопожатие
278 millions of speakers

Translator English - Portuguese

aperto de mãos dourado
270 millions of speakers

Translator English - Bengali

সোনালি করমর্দন
260 millions of speakers

Translator English - French

golden handshake
220 millions of speakers

Translator English - Malay

berjabat tangan emas
190 millions of speakers

Translator English - German

Abstandssumme
180 millions of speakers

Translator English - Japanese

黄金の握手
130 millions of speakers

Translator English - Korean

황금 악수
85 millions of speakers

Translator English - Javanese

Jabat tangan emas
85 millions of speakers
vi

Translator English - Vietnamese

bắt tay vàng
80 millions of speakers

Translator English - Tamil

பொன்னான கைகுளுக்கல்
75 millions of speakers

Translator English - Marathi

सोनेरी हँडशेक
75 millions of speakers

Translator English - Turkish

Altın el sıkışma
70 millions of speakers

Translator English - Italian

buonuscita
65 millions of speakers

Translator English - Polish

złoty uścisk dłoni
50 millions of speakers

Translator English - Ukrainian

золотий рукостискання
40 millions of speakers

Translator English - Romanian

strângere de mână de aur
30 millions of speakers
el

Translator English - Greek

χρυσή χειραψία
15 millions of speakers
af

Translator English - Afrikaans

goue handdruk
14 millions of speakers
sv

Translator English - Swedish

gyllene handskakning
10 millions of speakers
no

Translator English - Norwegian

gylne håndtrykk
5 millions of speakers

Trends of use of golden handshake

TRENDS

TENDENCIES OF USE OF THE TERM «GOLDEN HANDSHAKE»

The term «golden handshake» is normally little used and occupies the 117.020 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Little used
45
/100
The map shown above gives the frequency of use of the term «golden handshake» in the different countries.
Principal search tendencies and common uses of golden handshake
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «golden handshake».

FREQUENCY OF USE OF THE TERM «GOLDEN HANDSHAKE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «golden handshake» during the past 500 years. Its implementation is based on analysing how often the term «golden handshake» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about golden handshake

EXAMPLES

10 ENGLISH BOOKS RELATING TO «GOLDEN HANDSHAKE»

Discover the use of golden handshake in the following bibliographical selection. Books relating to golden handshake and brief extracts from same to provide context of its use in English literature.
1
Ireland in International Tax Planning
As a variation of the above, R could transfer his/her “permanent home” to Cyprus in the fiscal year in which he/she is to receive the 'golden handshake', receiving the 'golden handshake' while “exercising” his/her “employment” in Ireland.
Charles Haccius, 2004
2
Humam Resource Management
8. Define the term 'Retrenchment' and explain the conditions precedent to retrenchment of employees. 9. Distinguish between 'Retrenchment' and 'Lay-off. 10. What is 'Golden Handshake' ? Explain the nature of Golden Handshake Schemes.
3
Kenya National Assembly Official Record (Hansard)
It is a very good idea to give a golden handshake of 50 percent of pension to retirees before they retire. That in principle is a good idea. However, the danger is that we have seen very many people--- I ask for a pardon in advance from my male ...
4
International Dictionary of Public Management and Governance
Golden handshake: Also known as a golden parachute, this term refers to attractive offers from organizations to their staff members that are leaving. While it is understandable for successful organizations to offer a golden handshake, there ...
Gambhir Bhatta, 2006
5
Kenya National Assembly Official Record (Hansard)
Question No.434 GOLDEN HANDSHAKE FOR REGISTRATION ... the retrenchees who were working for the National Registration Bureau in Meru Central District have not been paid the balance of the Golden Handshake of Kshs200,000 each ...
6
How Does Privatization Work?
While 13.4 per cent of the workers in the fertilizer industry opted for a golden handshake, all the workers in the rice mills have asked for it (see Table 13.10). The excess demand for a golden handshake maybe due to two main factors. First , the ...
Anthony Bennett, 2002
7
Kenya National Assembly Official Record (Hansard)
The so called "golden handshake" in effect has become a "wooden handshake." Quite a big number of people who have got this "golden handshake" are now more or less destitutes. Because, without a proper pension scheme, a "golden ...
8
Kenya National Assembly Official Record (Hansard)
Question No.299 NON-PAYMENT OF GOLDEN HANDSHAKE TO RETRENCHED CIVIL SERVANTS Mr. K. Kilonzo asked the Minister of State for Public Service:- (a) whether he is aware that many civil servants were retrenched in 2000 and ...
9
Kenya National Assembly Official Record (Hansard)
It is a very good idea to give a golden handshake of 50 percent of pension to retirees before they retire. That in principle is a good idea. However, the danger is that we have seen very many people--- I ask for a pardon in advance from my male ...
10
Kenya National Assembly Official Record (Hansard)
Now, I would like the Government, especially my dear friend, the Minister for Finance, to explain to Kenyans what the golden handshake is all about because people are crying that at times they should be "shaken goldeniy" with KShs.

10 NEWS ITEMS WHICH INCLUDE THE TERM «GOLDEN HANDSHAKE»

Find out what the national and international press are talking about and how the term golden handshake is used in the context of the following news items.
1
£175k golden handshake for just TWO officers at East Staffordshire …
TWO former council officers received almost £175,000 of tax-payers' money as a final settlement when they were made redundant from East ... «Burton Mail, Jul 15»
2
Exercise in cost-cutting that lasted 13 years and cost millions
At Derry City Council, outgoing chief executive Sharon O'Connor received a £275,000 golden handshake on departing her post. Then there ... «Belfast Telegraph, Jul 15»
3
Newsmaker – New NPA boss Shaun Abrahams 'hopes to get to the …
The most recent of them, Mxolisi Nxasana, left office with a golden handshake worth millions after falling out with President Jacob Zuma. «News24, Jul 15»
4
Letters: ​Golden handshake
MAY I thank, through your letters page, the Bedford Lions for an excellent party in the village hall in Clapham for our golden oldies. They had a ... «Bedfordshire News, Jul 15»
5
UNISAME hails TDAP on disbanding QRC
... of Pakistan (TDAP) to disband the Quality Review Committee (QRC) and serving one-month final notice to the staff with golden handshake. «Pakistan Observer, Jul 15»
6
Terry Waite tells Llangollen Eisteddfod audience 'World War Three …
Mr Waite's first novel, The Voyage of the Golden Handshake, has recently been published and he took time out yesterday to sign copies of the ... «Daily Post North Wales, Jul 15»
7
Tim Ekandjo on his turbulent time at Air Namibia
It was also reported in the media that the Board agreed to a golden handshake, which is also not true. We simply agreed to a payment that she ... «New Era, Jul 15»
8
Golden handshake for CAO
Doug Nadorozny, the city's former chief administrative officer who left Tom Davies Square in April, is entitled to significantly more than $300,000 ... «The Sudbury Star, Jul 15»
9
Ministry disbands QRC staff with golden handshake
Friday, July 10, 2015 - Karachi—Ministry of Commerce (MINCOM) through the Trade Development Authority of Pakistan (TDAP) has served one month notice to ... «Pakistan Observer, Jul 15»
10
BOV shareholders demand answers
BOV has been in the news for loan financing to Electrogas, the €260,000 early retirement golden handshake to Parliamentary Secretary ... «Times of Malta, Jul 15»

REFERENCE
« EDUCALINGO. Golden handshake [online]. Available <https://educalingo.com/en/dic-en/golden-handshake>. May 2024 ».
Download the educalingo app
en
English dictionary
Discover all that is hidden in the words on
index
a b c d e f g h i j k l m n o p q r s t u v w x y z