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GOLDEN HANDSHAKE

(noun)
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Definitions

There is 1 meaning of the phrase Golden Handshake.

Golden Handshake - as a noun

A lucrative severance agreement offered to an employee (usually as an incentive to retire)

Example Sentences

"After working at the company for 30 years, John received a generous golden handshake upon his retirement."
"The executives negotiated a golden handshake as part of their employment contracts."
"The CEO was rumored to receive a golden handshake worth millions if the company ever went bankrupt."
"Employees feared layoffs as the company announced they were offering golden handshakes to reduce costs."
"The government intervened to regulate excessive payments made as golden handshakes to senior executives."
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