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What does 'Golden handshake' mean?
A large sum of money given to an employee, usually as a severance package when they retire or are laid off.
What is the origion of 'Golden handshake'?
First appearing in print in Britain the 1960s, the term was coined by the city editor of the Daily Express, Frederick Ellis. It describes the generous severance packages offered to executives and employees upon leaving a company.
Emoji meanings
- represents 'handshake'
symbolizing an agreement or farewell
represents 'golden'indicating a significant financial reward or severance
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