Golden Hello

Description of Golden Hello. Explanation.

Definition Golden Hello. Description.

A Golden Hello is a signing bonus that refers to a situation where a person is induced to leave a previous employment in order to take up a new employment by the payment of a large sum of money or other considerable remuneration.

The firm offering the Golden Hello hopes the executive of the competing company will be persuaded to leave his or her existing employer and join the firm giving the offer.

Compare with: Golden Handcuff  |  Golden Handshake  |  Golden Parachute  |  Employee Stock Ownership Plan  |  Employee Stock Options  |  Phantom Stock Plan  |  Employee Benefits

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End of description Golden Hello. An explanation.