Golden Handshake

What is Golden Handshake ?

‘Golden Handshake’ refers to the additional clause of benefits provided by the company to an employee who would lose their job or position in case the company is restructuring or in some cases, even retirement.
Golden handshakes are provided to senior level employees who the company is afraid of losing to competitors. They are also used as an additional incentive to attract talented individuals to take up leadership level roles in the organization.
Some examples of golden handshakes include monetary benefits, providing equities in the company as well as providing stock options for the employee. Similarly, the company might also provide additional incentives like annual international vacation packages or even additional retirement benefits apart from the ones stipulated by law.

More HR Terms


What is Delayering ? ‘Delayering’ refers to the removal of layers of hierarchy between the highest and lowest levels to increase the organization’s efficiency and

Payroll Outsourcing

What is Payroll Outsourcing?   ‘Payroll Outsourcing’ refers to the practice of hiring a third party agency to process the payroll of a company. It

After-acquired Evidence

What is After-acquired Evidence ? ‘After-acquired Evidence’ is the legal term used to describe the evidence that is uncovered after an employee has been terminated,

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’