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.
See also: handshake, on
Farlex Dictionary of Idioms. © 2015 Farlex, Inc, all rights reserved.

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
The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 2003, 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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.
See also: handshake, on
Collins COBUILD Idioms Dictionary, 3rd ed. © HarperCollins Publishers 2012

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
Farlex Partner Idioms Dictionary © Farlex 2017

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
Farlex Partner Idioms Dictionary © Farlex 2017
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References in periodicals archive ?
In many countries today, the handshake takes precedence over any other greeting.
Similar handshakes between adversaries have been exchanged as a sign of cessation of hostilities and a commitment to the establishment of a peaceful future.
The old man did not mince words, 'You would never initiate a handshake. We always have to stretch out our hands first to have a handshake with you.'
Wamalwa said the handshake by various leaders who had political differences in the country is healthy and ushers in peace.
A poorly executed handshake, or worse, none at all, can erode trust or convey a lack of ability on your part.
The handshake is a cross-body exercise, during which each leader extends their right arm over their left and shakes the opposite hands of those next to him.
He tweeted: "If a baker deserves a handshake, that's exactly what they'll get.
The team found that, compared with East Asians, Western participants had more positive evaluations of social interactions involving handshakes. The team also saw that Western men and women evaluated the situations differently.
Research supports the idea that a simple handshake reveals certain elements of our personalities.
TEHRAN (FNA)- For all its popularity, the handshake is not well understood.
To conduct the experiment, a study participant immersed a gloved hand into a container of germs and exchanged a variety of handshakes, fist bumps or high-fives with a sterile-gloved participant.
* Dominant handshakes (when you try to get your hand on top) are bad form.
The Premier League intend to go ahead with pre-match handshakes when QPR host Chelsea on Saturday.
Summary: There are handshakes, and then there are handshakes.