GOLDENHANDCUFFS

Golden handcuffs

Golden handcuffs are a system of financial incentives designed to keep an employee from leaving the company. These can include employee stock options that will not vest for several years, but are more often contractual obligations to give back lucrative bonuses or other compensation if the employee leaves for another company.

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golden handcuffs

Noun

  1. Any arrangement or agreement designed to provide extremely favorable benefits or pay, so as to discourage a participant from wanting to leave it, especially to retain a choice employee.
    The stock plan really served as golden handcuffs for the executives.


The above text is a snippet from Wiktionary: golden handcuffs
and as such is available under the Creative Commons Attribution/Share-Alike License.

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