Meaning of “golden handcuffs” in the English Dictionary

british dictionary

(Definition of “golden handcuffs” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"golden handcuffs" in Business English

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golden handcuffsnoun [ plural ]

uk us HR

a payment made to an executive as part of an agreement that they will not leave to work for another company:

In the past, pension schemes were used as golden handcuffs to keep key employees.

(Definition of “golden handcuffs” from the Cambridge Business English Dictionary © Cambridge University Press)