A “golden handshake” is a substantial payment made to an employee when they leave a job, commonly as a reward for long or good service. This guide stays with the current documented meaning and does not assert unsupported origin chronology.
ReviewedEvidence1 sourceSectionPhrases & Idioms
Quick answer
A “golden handshake” is a substantial payment made to an employee when they leave a job, commonly as a reward for long or good service.
Key details
Canonical Formgolden handshake
Core Meaninga usually substantial payment made to an employee when they leave a job, especially after long or good service
Further guidance
History Boundary
Current dictionary-supported meaning is published without claiming an exact inventor, coinage date, or absolute first use.
Meaning
a usually substantial payment made to an employee when they leave a job, especially after long or good service
Usage Boundary
Do not use it as a generic label for every severance payment; the expression conventionally carries the idea of a notable departure payment or reward.
Sources and evidence
Sources are shown with the role they play in this guide. Historical or style-sensitive claims are kept within the evidence boundary described above.
“Golden handcuffs” are valuable payments or benefits intended to make an employee stay rather than leave for another job. This guide stays with the current documented meaning and does not assert unsupported origin chronology.
A “blank check” can literally leave an amount unspecified or figuratively give someone very broad authority or freedom to act. The guide stays with current documented meaning and does not add unsupported origin chronology.
False economy describes a cost-cutting choice whose short-term saving is outweighed by later costs or disadvantages. The phrase is useful when the apparent economy is misleading rather than when something is merely expensive.
To “have skin in the game” is to have a direct personal stake in what happens, often a financial one. The guide keeps current meaning separate from unsupported origin claims.
A “sunk cost” is a cost already incurred that cannot be recovered; it describes the past cost itself, not automatically the mistake of continuing because of it. Do not confuse “sunk cost” with the “sunk-cost fallacy,” which is the separate decision-making error of letting irrecoverable past costs distort a current choice.
Use “white elephant” for a costly possession, project, or facility whose usefulness does not justify its expense or burden. The guide stays with current documented meaning and does not assert unsupported origin chronology.
“Golden goose” describes something that provides a valuable advantage, especially an ongoing financial benefit. The guide explains the current expression without turning the familiar fable association into an unsupported first-use claim.
A “golden parachute” is a large payment or benefit arranged for an important employee or executive if they are forced to leave the company. This guide stays with the current documented meaning and does not assert unsupported origin chronology.
