n HR Future - What are golden handshakes really paying for? : ethics - in the light

Volume 2015, Issue 08
  • ISSN : 1608-8506


Do not use golden handshakes as a method for removing or replacing people in an organisation. HR professionals are likely to be familiar with the term "golden handshake" as a payment to an employee - mostly at executive level - who retires early or is made redundant, for example, owing to restructuring, a merger or an acquisition. The payment would generally be in terms of the executive's employment contract.

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