Golden Hello

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Description of Golden Hello. Explanation.

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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.

 

This welcome arrangement could be in cash or in shares or in options.


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.


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Hi, do you know of a remarkable case or famous example in which a golden hello was promised or actually given to someone?
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Compare with: Golden Handcuff  |  Golden Handshake  |  Golden Parachute  |  Employee Stock Ownership Plan  |  Employee Stock Options  |  Phantom Stock Plan  |  Employee Benefits

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