0 a usually large payment made to people when they leave their job, either when their employer has asked them to leave or when they are leaving at the end of their working life, as a reward for very long or good service in their job --
1 a payment made to an employee when they leave their job as a reward for very long or good service: --
They do not receive redundancy, severance pay or a golden handshake.
Redundancy and severance payments are within the scope of the "golden handshake" legislation, which incorporates an exemption for payments not exceeding £5,000.
That is the integrity of high finance, but when mines are closed down there is no golden handshake for the colliers.
In the meantime the young farmer who has been a tenant for a mere three years leaves the holding with a golden handshake of approximately £33,000.
Does he agree that the existing rail users on the remainder of the service will not regard that as a golden handshake for them?
Would he apply exactly the same principle to a company director who receives a golden handshake?
I would not like to say that the annuities are a "golden handshake".
We are now in a position where almost everyone is looking for a golden handshake.
