Golden Handshake

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Description of Golden Handshake. Explanation.

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Definition Golden Handshake. Description.


A Golden Handshake is a form of Employee Benefits, wherein a large payment made by a company to a senior executive is done upon termination of employment (retirement) before his/her contract ends.


It is a clause in an executive employment contract that provides the executive with a lucrative severance package in the event of their termination. May include a continuation of salary, bonus and/or certain benefits and perquisites, pension allowance, as well as accelerated vesting of stock options.


Golden Handshake Forum
  Cases of Golden Handshakes. Examples
Hi, do you know of a remarkable case or famous example in which a golden handshake was promised or actually given to someone?
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Golden Handshake Special Interest Group


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Best Practices - Golden Handshake Premium

Expert Tips - Golden Handshake Premium

Resources - Golden Handshake Premium

Executive Compensation: Risk Factors and Ways to Manage Them

Presentation about CEO compensation with special attention to dealing with risks and its influence on those packages. The presentation includes the fo...
Usage (application): Executive Compensation, Performance Management, Corporate Governance
 
 

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Compare with: Golden Handcuff  |  Golden Hello  |  Golden Parachute  |  Employee Stock Ownership Plan  |  Employee Stock Options  |  Phantom Stock Plan  |  Incentives

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