handshake

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golden handshake

A large severance package given to an executive who leaves a company due to termination, corporate restructuring, or retirement. The company's vice president received a $500,000 golden handshake after being pressured to leave his position.
See also: golden, handshake

on a handshake

Of an agreement, informally or unofficially, as opposed to officially, in writing, etc. They agreed to giving me a pay raise on a handshake, but six months later I have yet to see a dime of that. Investigating the shady deals has been difficult as many were done on a handshake, so there is very little in the way of a paper trail to follow.
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golden handshake

Generous severance pay to an employee, often as an incentive for early retirement. For example, With a dwindling school population, the town decided to offer golden handshakes to some of the teachers . This slangy business term dates from the mid-1900s. A close relative is golden parachute, a generous severance agreement for an executive in the event of sudden dismissal owing to a merger or similar circumstance. This expression first appeared about 1980.
See also: golden, handshake

a golden handshake

1. A golden handshake is a large amount of money that someone is given if they are asked to leave a job before the normal age when they would leave. She offered me a golden handshake to get me to leave quietly, which I did.
2. A golden handshake is a large amount of money that a company gives to an employee when he or she leaves, as a reward for long service or good work. The officer retired with a golden handshake and a pension.
See also: golden, handshake

on a handshake

If an agreement or contract is made on a handshake, it is agreed between people but not written down. Our business is all done on a handshake. The White Star line, it seems, went about its business in a curious way, with contracts agreed on a handshake.
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a golden handshake

a sum of money paid by an employer to a retiring or redundant employee.
On the same principle, the phrase a golden hello was coined in the late 20th century. It is explained in an Appointments section of the New Scientist in 1998 : ‘Employers…especially in the financial sector, are offering “golden hellos”. These are advances of up to £2000, sometimes given on acceptance of a job offer or with the first month's salary.’
See also: golden, handshake

a golden ˈhandshake

a large sum of money given to somebody when they leave their job, or to persuade them to leave their job: The directors will each get a large golden handshake and a pension.
See also: golden, handshake
References in periodicals archive ?
A handshake requires someone to anticipate your action and to coordinate perfectly with you.
At another occasion, Trump and French President Emmanuel Macron engaged in a white-knuckle handshake.
Through the EU handshake, Minister for EU Affairs and Trade Ann Linde is inviting relevant actors to help strengthen participation, knowledge and engagement in EU-related issues in Sweden.
At a NATO summit in Belgium in May, the two world leaders met for the first time and engaged in multiple lengthy and awkward handshakes.
Western women rated all interactions with handshakes more positively than those without.
TEHRAN (FNA)- For all its popularity, the handshake is not well understood.
Last year, another study published in the Journal of Hospital Infection found that the fist bump is a healthier alternative to the handshake within health care settings.
Navarro recommends some ways to improve the handshake experience:
DEFIANT Premier League chiefs have no plans to scrap the pre-match handshakes when John Terry and Anton Ferdinand are due to go face-to-face for the first time this season.
The Premier League intend to go ahead with pre-match handshakes when QPR host Chelsea on Saturday.
THE Premier League have reiterated their intention to press ahead with the traditional pre-match handshakes as Anton Ferdinand prepares to play at Stamford Bridge on Sunday for the first time since Chelsea captain John Terry was accused of racially abusing him during the reverse fixture last October.
Summary: There are handshakes, and then there are handshakes.
Handwerk--it is a matter of hands, of truthful handshakes.
In an article entitled, 'Talabani-Barak handshake,' the author said that Arab presidents' handshakes with Israeli leaders is no longer an issue.
They relied, to put it simply, on each other's handshakes.