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golden handcuffs

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plural noun
  1. a series of raises, bonuses, etc., given at specified intervals or tied to length of employment so as to keep an executive from leaving the company.
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Origin of golden handcuffs

First recorded in 1985–90
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

British Dictionary definitions for golden handcuffs

golden handcuffs

pl n
  1. informal payments deferred over a number of years that induce a person to stay with a particular company or in a particular job
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Idioms and Phrases with golden handcuffs

golden handcuffs

Financial benefits that an employee will lose upon resigning, as in The company's presented all the middle managers with golden handcuffs, so they can't afford to leave. This slangy business expression dates from the 1970s.

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The American Heritage® Idioms Dictionary Copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.