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golden hello

British

noun

informal a payment made to a sought-after recruit on signing a contract of employment with a company

"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

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golden hello

It is not unusual for schools to offer cash lump sums as a "golden hello" to recruit maths teachers, and they sometimes get poached by other schools for higher salaries.

From BBC ● Mar. 19, 2024

There will be "golden hello" cash incentives for dentists to work in areas which are under-served, with 240 offered £20,000 later this year to work in parts of England with the fewest dentists.

From BBC ● Feb. 6, 2024

However, local newspaper La Depeche, which first reported the story, said the golden hello may come with a sting.

From BBC ● Nov. 22, 2016

Sir Stuart Rose, when he agreed to become chairman of Ocado in January, was given 452,000 shares as a golden hello.

From The Guardian ● May 10, 2013

Wilson will not receive any buyout compensation for previous arrangements, known as a "golden hello".

From The Guardian ● Nov. 20, 2012

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023