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golden handcuffs

noun plural

Simple Definition of golden handcuffs

  • : the salary and benefits that stop a highly paid employee from choosing to leave a job

Source: Merriam-Webster's Learner's Dictionary

Full Definition of golden handcuffs

  1. :  special benefits offered to an employee as an inducement to continue service

Did You Know?

Chances are you've heard of a golden handshake, which is a particularly tempting severance agreement offered to an employee in an effort to induce the person to retire early. People started getting golden handshakes (by that name) around 1960; by 1976, English speakers had also coined the accompanying golden handcuffs to describe a situation in which someone is offered a special inducement to stay. The expression turns up often in quasi-literal uses, such as "slapped golden handcuffs on" or "a shiny new set of golden handcuffs."

1976

First Known Use of golden handcuffs

1976


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