golden handshake Meaning in the Cambridge English Dictionary
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Meaning of “golden handshake” in the English Dictionary

"golden handshake" in British English

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golden handshakenoun [C usually singular]

uk   us   informal
a usually ​largepayment made to ​people when they ​leavetheirjob, either when ​theiremployer has ​asked them to ​leave or when they are ​leaving at the end of ​theirworkinglife, as a ​reward for very ​long or good ​service in ​theirjob
(Definition of golden handshake from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"golden handshake" in Business English

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golden handshakenoun [C]

uk   us   HR
a ​payment made to an ​employee when they ​leave their ​job as a ​reward for very ​long or good ​service: He is to ​leave with a golden ​handshake understood to ​total at least one year's ​salary.
(Definition of golden handshake from the Cambridge Business English Dictionary © Cambridge University Press)
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