Golden handcuffs are a system of financial incentives designed to keep an employee from leaving the company. These can include employee stock options which will not vest for several years but are more often contractual obligations to give back lucrative bonuses or other compensation if the employee leaves for another company.

In Business

Golden handcuffs are a response by the companies in industries where it is common for highly compensated employees to frequently move from one firm to another, often before the company feels that it has earned a return on the investment in the employee.

Some US courts have held such plans to violate the Employee Retirement Income Security Act (ERISA) by failing to vest benefits.

  • Serio v. Wachovia 2007 Lexis 63341 (D. N.J. 2007)
  • Holzer v. Prudential 458 F. Supp. 2d 587 (N.D. Ill. 2006) 2006 Lexis 73049
  • McKinsey v. Sentry 986 F. 2d 401 (10th Cir. 1993) 1993 Lexis 2865
  • Holansky v. Prudential 2004 Lexis 1419 (N.D. Ill. 2004)

In television, if a host has signed the 'golden handcuffs' deal with the network, it means they cannot appear on any other rival channel. An example of this would be British television hosts Ant & Dec.

More broadly, the term can also refer to any kind of situation in which a generous salary is used to keep an important employee from looking for a more desirable but less certain position.

From Wikipedia under the GNU Free Documentation License
Sat Jul 31 09:25:54 2010

IFAD Chief lambasts mercenary staff
italianinsider.it
IFAD Chief lambasts mercenary staff

John Phillips

Fri, 30 Jul 2010 08:48:22 GM

At FAO there is too often the tendency for people to accept . golden handcuffs. , said one diplomat. People are allowed to remain in well-paid jobs on the unwritten condition that they never ever question management decisions. ...

From Google Blog Search: "Golden handcuffs"
Mon Aug 30 14:45:52 2010

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next door clinging on suckered feet and I now believe they were geckos but my father used to call them salamanders They took refuge in the cliffs above the city This is pre linguistic unrepresentable memory This narrator isn t and is in the story or it could be my mother I don t know I m tired and I want to go to sleep This the

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From Yahoo Image Search: "Golden handcuffs"
Tue Apr 6 10:17:41 2010

Golden Handcuffs or Disrespecting?
Q. I'm 35 years old and I've worked for a huge company for 3 years as a secretary and they just majorly downsized. It's been over three weeks and everyone that's left has been placed in their new position and knows who their new manager is but me. The first week I figured, I would not say anything because no one knew what was going on with anyone. By the 2nd week, everyone had pretty much figured out where they were in the organization and by now, people are actually settling in. During the second week, I started asking my old manager who my new manager was going to be and he kept saying he had no idea. I contacted HR and the director of HR said she didn't know and that someone would tell me. I asked both of those people two more times and… [cont.]
Asked by Anne K - Mon Oct 27 20:50:52 2008 - - 2 Answers - 0 Comments
This is a funny joke...?
Q. While walking through Golden Gate Park in San Francisco, a man came upon another man hugging a tree with his ear firmly against the tree. Seeing this he inquired, 'Just out of curiosity, what the heck are you doing?' 'I'm listening to the music of the tree, the other man replied. 'You've gotta be kiddin' me.' 'No, would you like to give it a try?' Understandably curious, the man says, 'Well, OK...' So he wrapped his arms around the tree and pressed his ear up against it. At that time this the other guy slapped a pair of handcuffs on him, took his wallet, jewelry, car keys, then stripped him naked and left. Two hours later another nature lover strolled by, saw the man handcuffed to the tree stark naked, and asked, 'What the heck… [cont.]
Asked by she_sucks@life - Fri Oct 5 15:16:30 2007 - - 12 Answers - 0 Comments

A. I dont care what other people said. I thought that was really funny. I am sending it to my friends as we speak!
Answered by Sexy_FarmGirl - Fri Oct 5 16:06:49 2007

What can I do to make my deck better? (revised)?
Q. I have a Dragon deck that i do not or plan to use for tournaments, which is why I still have some forbidden/limited cards like "Pot of Greed" and "Monster Reborn". The cards I have are as followings: Trap Cards: 1. Radiant Mirror Force (Trap) 2. Trap Jammer (Trap) 3. Divine Wrath (Trap) 4. Dragon's Rage (Trap) 5. Sakuretsu Armor (Trap) 6. Magic Cylinder (Trap) 7. Call of the Haunted (Trap) 8. Negate Attack (Trap) 9. Draining Shield (Trap) 10. Magic Jammer (Trap) 11. Shadow Spell (Trap) Spells: 12. Different Dimension Capsule (Spell) 13. Stamping Destruction (Spell) 14. Mystical Space Typhoon (Spell) 15. Heavy Storm (Spell) 16. Monster Reborn (Spell) 17. Card Trader (Spell) 18. Dragon's Mirror (Spell) 19. Pot of Greed (Spell) 20.… [cont.]
Asked by Lucifer - Sun Dec 13 14:00:16 2009 - - 1 Answers - 0 Comments

A. seriously add rageki if you aren't playing in tournaments
Answered by Game Master - Sun Dec 13 16:24:17 2009

From Yahoo Answer Search: "Golden handcuffs"
Sun Apr 11 12:28:46 2010