Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun plural A lucrative incentive to an employee intended to discourage resignation or to ensure long-term cooperation after departure.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun idiomatic Any
arrangement oragreement designed to provide extremely favorable benefits or pay, so as to discourage a participant from wanting to leave it, especially toretain achoice employee .
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kewpid commented on the word golden handcuffs
“… a system of financial incentives designed to keep an employee from leaving the company.�? (esp. lawyers)
It's pejorative. High-flyers get sucked into a lifestyle of excessive earning and consumption, until they are trapped.
October 15, 2008