Definition of golden handcuffs in English:

golden handcuffs

plural noun

informal
  • Benefits, typically deferred payments, provided by an employer to discourage an employee from taking employment elsewhere.

    ‘his five-year golden handcuffs are released next year’
    • ‘These days, not unreasonably, he seldom consents to interviews other than to promote the occasional work for RTE to which his golden handcuffs deal commits him.’
    • ‘That is why they are returning to the issue of golden hellos to attract young people to the profession, and golden handcuffs to hold onto its fifty- and sixty-somethings for a little longer.’
    • ‘You'll find these companies have options plans for staff that become a set of golden handcuffs.’
    • ‘He might no longer enjoy a golden handcuffs deal with ITV, but following his recent series Wire In The Blood he's got three other projects in the pipeline.’
    • ‘In 1999, he quit and moved to ITV in a two-year golden handcuffs deal worth a reported £1.2 million.’
    • ‘The slump in the stock markets has sunk many stock options, the golden handcuffs that are supposed to keep employees in place.’
    • ‘That can provide a better incentive than the combination of options, salary, pension and golden handcuffs which are common to stock market companies.’
    • ‘Almost 10 years went by, I was debt-free and I also wanted to be free of those golden handcuffs.’
    • ‘A less ectoplasmic explanation for her departure is that LWT failed to provide a substantial golden handcuffs contract to the hostess of a show with falling figures.’
    • ‘Headteachers said that their staff in tough schools wanted smaller classes and better support instead of extra pay, whether it was called danger money or golden handcuffs.’
    • ‘It is her first venture since the end of her golden handcuffs deal with ITV.’
    • ‘The rewards also function as golden handcuffs, because they cannot be collected until an employee retires after reaching age 65.’
    • ‘Her new job did come with some Microsoft stock options - but not enough to make her feel either destined for riches or trapped by golden handcuffs.’
    • ‘With the golden handcuffs all but gone, retaining employees is ‘more about communicating what the future can bring,’ says Knapp.’
    • ‘One reason is that the high salaries many of our leaders receive, in newsrooms and business offices as well as corporate headquarters, have turned into golden handcuffs.’
    • ‘‘It's almost impossible to recruit people from Comcast because the best executives are tied to the company with golden handcuffs,’ says one former MSO executive.’
    • ‘This year they have to justify their £2m golden handcuffs deal.’
    • ‘So, the incentives act like handcuffs for the employee, albeit golden handcuffs.’
    • ‘Wisely, the BBC has snapped on the golden handcuffs.’
    • ‘I spent 12 years in corporate America wearing the golden handcuffs.’

Pronunciation:

golden handcuffs

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