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	Golden handshake - Wikipedia, the free encyclopedia
		A golden handshake is a clause in an executive employment contract that provides the executive with a significant severance package in the case that the executive loses their job through firing, restructuring, or even scheduled retirement.
		Typically, "golden handshakes" are offered only to high-ranking executives by major corporations and may entail a value measured in millions of dollars.
		Golden handshakes are given to offset the risk inherent in taking the new job, since high-ranking executives have a high likelihood of being fired and since a company requiring an outsider to come in at such a high level may be in a precarious financial position.
	en.wikipedia.org /wiki/Golden_handshake (184 words)

	Handshake - Wikipedia, the free encyclopedia
		A handshake is a short ritual in which two people grasp their right or left hands, often accompanied by a brief shake of the grasped hands.
		This is usually a three move procedure, beginning with a traditional, palm-to-palm clasp, followed in quick succession by a clasping at the hilt of the thumbs, and finally, by a hooked clasp of only the fingers, in the manner of railroad couplers.
		Handshakes are a major route for the transmission of common cold viruses.
	en.wikipedia.org /wiki/Handshake (430 words)

	Moukawsher and Walsh, LLC Pension and Employee Benefit Law
		While the proceedings of the Golden Handshake Subcommittee were kept confidential, the possibility of a golden handshake was not kept secret from the EB workforce, as Joe Quattrimoni testified that he told inquiring MTC members that a golden handshake was under discussion, but that nothing was decided.
		According to Pardo, she understood the answer to MTC members to be "we may or may not have a golden handshake; it is subject to negotiations," and she instructed the clerks and benefits counselors in her office to answer questions accordingly.
		Barlow made his inquiries, however, [101] extending the golden handshake** retirement [*259] incentive to salaried employees was not under serious consideration by EB, and to the extent his pension would have been affected by the collective bargaining negotiations, discussions with the MTC had not yet reached the point of serious consideration.
	www.benefitlawyers.com /hudson-trialop-connops.htm (15451 words)

	Handshake not 'Golden'
		While departmental downsizing may be its most tangible legacy, the Golden Handshake was designed for - and largely achieved - a more immediate effect: sparing the jobs of non-tenured faculty.
		First used in the 1988-89 school year, the Golden Handshake became the California State University system's prime defense against repeated threats of widespread faculty layoffs in the face of shrinking budgets.
		In the meantime, flexibility afforded by the Golden Handshake has had to follow student demand for classes, she said.
	www.csulb.edu /~d49er/Issue1/1ngolden.html (997 words)

	[No title]
		Contact Us To restructure the organisations, a number of banks, financial institutions and public and private sector corporations and companies are offering golden handshake to their employees.
		A question has arisen whether the entire amount of golden handshake be accounted for as a period cost or be treated as a deferred cost.
		Expenses mean the liability relating to golden handshake offer accepted by the employees or the mandatory golden handshake announced by the management as on the close of financial year.
	www.icap.org.pk /TRs/TR-28.htm (481 words)

	Controversy over tax on payments under golden handshake schemes -DAWN - Business; March 4, 2002
		This well-recognised proposition vis-a-vis taxation of receipts on account of golden handshake scheme, which are surely in the nature of compensation for loss of employment, was not argued before the Lahore High Court.
		The “cessation of service” under golden handshake schemes cannot be equated with the expression “termination of employment” under the said provision.
		It is confirmed from the fact that the legislature has specifically mentioned Golden Handshake receipts (of capital nature) as taxable in the Income Tax Ordinance 2001, which will come into force from 1st July 2002.
	www.dawn.com /2002/03/04/ebr16.htm (2127 words)

	32. Downsizing the Civil Service in Developing Countries: The Golden Handshake Option Revisited.
		When considering golden handshake options, one has to remember that it is not only the money the civil servants will ultimately consider, but also security; this may, ultimately, be the more important factor.
		Should the golden handshake or economic jumpstart be given as an option or should it dismiss civil servants regardless of their wishing to join voluntarily -or should it use a combination of both approaches?
		Details on whether the golden handshake will be a one time lump sum payment only or a percentage of the employee's salary to be paid over X number of months, and details on whether to include a balloon payment at all will be highly country-specific.
	www.humaninfo.org /aviva/ch33.htm (7997 words)

	Asia Times: High price for a golden handshake
		And on May 28, the federal government once again offered a similar "voluntarily early retirement scheme" to 40,000 of its employees or nearly 12 percent of its 3.5 million-strong federal bureaucracy, which is considered too large for a developing country.
		Its previous Golden Handshake Scheme was discontinued because of opposition.
		While in Pakistan the government rapidly initiated a downsizing exercise involving a review of the rationale for the existence and staffing of government agencies, the resulting recommendations were not implemented due to concerns about the large numbers of public sector employees that would be rendered redundant.
	www.atimes.com /ind-pak/CF06Df03.html (727 words)

	The Golden Link
		The handshake sculpture was conceived by William Fili, one of a group of World War II prisoners of war who gathered at Valley Forge in Pennsylvania in August of 1976 to participate in the celebration of our nation's 200th birthday.
		To trace the origin of the handshake, it is necessary to consider the aggressive, hostile world that existed when man first stood erect.
		Today, the handshake has become so universally a sign of mutual respect, that it is considered a personal insult to refuse an extended hand when greeted or introduced.
	the-golden-link.com (1330 words)

	Erthley Golden Retrievers
		Golden Retrievers are not only a great family pet but they are also used in many fields from Drug Detection, Search and Rescue to Aged Care.
		Below are just a few articles I have found, where Golden Retriever's have excelled in unusual situations.
		In times of stress and strain, Nikie the golden retriever is the best friend the workers at Ground Zero have.
	www.erthley.net /Goldens_Handshake.htm (332 words)

	iafrica.com \| news \| sa news Zille denies Mgoqi’s golden handshake
		Especially pre-arranged and pre-engineered golden handshakes, because Dr (Wallace) Mgoqi never had any intention of working with us from the beginning.
		Zille said during the past few weeks of negotiations it was clear that Mgoqi's "primary interest" was securing the golden handshake, comprising, among other benefits, a full nine months' pay plus salary increase, amounting to over R700 000 and a performance bonus of R250 000.
		Zille said the city had offered Mgoqi a final offer of a new three-month contract starting from the date his previous contract expired, February 28 this year, but this was turned down.
	iafrica.com /news/sa/187043.htm (528 words)

	Re: Give him the golden handshake
		Now here I have a notion of the right answer but unfortunately in explanation of the phrase 'to give someone a Golden Handshake'.
		Secondly we have 'Golden Handcuffs' - once more a sum of money whose payment depends on the employee remaining with the company for a fixed period.
		Thirdly (here we come to your query) 'The Golden Handshake' - a sum of money paid to an employee as compensation for foreshortened career prospect on the occasion of the employee's enforced departure form the company usually due to redundancy/downsizing/pushing out useless employees with a smile etc.
	www.phrases.org.uk /bulletin_board/3/messages/502.html (193 words)

	Golden handshake scheme in KPM from today
		All dues to the existing staff members and workers of Rajshahi Textile Mills (RTM) is scheduled to be paid under a golden handshake programme from today.
		Official sources said here on Sunday that around Taka 15 crore would be required to pay all dues under the programme to a total 535 workers and 91 staff members including 14 officers of the mill up to June 30 this year.
		They said the golden handshake programme was expected to be completed by the end of this month.
	nation.ittefaq.com /artman/exec/view.cgi/8/3294 (270 words)

	Trustees, though part-time, can get their golden handshake - The Boston Globe (via CobWeb/3.1 planetlab2.isi.jhu.edu) (Site not responding. Last check: 2007-11-05)
		Trustees, though part-time, can get their golden handshake
		At the end of 2000, six trustees of the Liberty funds group agreed to retire, to help slim down the board when Liberty's Colonial and Stein Roe brands merged.
		Avery, the Bell, Boyd and Lloyd lawyer, said: ''It was economically beneficial to the funds, as well as to the adviser, to reduce the board and to consolidate the board."
	www.boston.com.cob-web.org:8888 /news/nation/articles/2004/07/18/trustees_though_part_time_can_get_their_golden_handshake (826 words)

	TO: All Unit 3 Faculty
		The 2004 Golden Handshake provides eligible faculty (Unit 3) employees with two additional years of CalPERS service credit in accordance with provisions of Government Code Section 20901.
		CSU, Sacramento is distributing this information to ALL (UNIT 3) faculty regardless of their eligibility to ensure that all individuals who may be eligible receive timely notification.
		Should you have any additional questions regarding the 2004 Golden Handshake, contact the Benefits Office at extension 86213.
	www.csus.edu /fas/benefits/GoldenHandshake.htm (222 words)

	Latham slams Cicutto's golden handshake - www.smh.com.au (Site not responding. Last check: 2007-11-05)
		No-one deserved as big a golden handshake as Frank Cicutto, and failure should not be rewarded at such a cost, Labor leader Mark Latham said today.
		He was commenting after the former National Australia Bank chief executive yesterday fell on his sword over a $360 million currency trading scandal, walking away with a termination payout of $3.27 million, plus millions of dollars in other entitlements.
		Mr Latham said a federal Labor government would force corporates to be more prudent with golden handshakes, by capping at $1 million the tax deductibility of such payouts.
	www.smh.com.au /articles/2004/02/03/1075570389776.html?from=storyrhs (248 words)

	[No title]
		The District may purchase two years of service credit at no cost to the employee.
		The effective retirement date cannot be the first day of the designated period.
		The District reserves the right to implement the PERS Golden Handshake option at its discretion and the right to terminate this benefit without notice.
	www.siskiyous.edu /policies/personnel/BP5.7.1persgoldenhandshake.DOC (165 words)

	The Oakland Press: Local News: The man behind the Golden Handshake
		If someone had told Don Carn in 1987 that he'd spend the next 17 years as an integral part of a club for General Motors Corp. retirees, he would have called them a liar.
		Even as he prepares to bow out of his current position as chairman of GM's Golden Handshake Club, he plans to stick around long enough to initiate new members and help those who will assume his role.
		Shortly after retiring, Carn, along with 11 fellow GM Truck & Bus group retirees, established the Golden Handshake Club as a social setting for all GM retirees and their spouses to keep in contact with their GM family.
	www.theoaklandpress.com /stories/012305/loc_20050123003.shtml (698 words)

	Golden handshake could turn silver
		For this reason alone, the employer should pay the entire compensation in one shot in the same financial year in which he sanctions it.
		One may say that this regime is too rigid for employers, as it indirectly pressures them into golden handshake arrangements involving one-shot payment.
		The law perhaps could be amended to allow payments in instalments.
	www.thehindubusinessline.com /2001/02/03/stories/040364sm.htm (874 words)

	Scoop: First Golden-Handshake Of Health Reforms Revealed (Site not responding. Last check: 2007-11-05)
		The first massive golden handshake of Annette King's health reforms has been revealed - with the former Healthlink South boss being paid out $265,000 for quitting her job, National Health spokesperson Wyatt Creech said today.
		"Annette King promised in February there would be no golden handshakes from her health reforms.
		"She must front up and explain why this has happened, and how many more golden handshakes are in the wind as people lose their jobs in the widespread health restructuring.
	www.scoop.co.nz /stories/PA0008/S00499.htm (512 words)

	BBC News \| MUSIC \| Mariah's '£35m golden handshake'
		Her first major film, also called Glitter, had to be postponed until she was well enough to promote it, but damaging reviews ensured it did not recoup its money at the box office.
		EMI has now offered the sizeable golden handshake deal in order to offload Carey and her expensive contract from its artists' roster, the New York Post has reported.
		Glitter the album has had worldwide sales of two million, compared to 20 million for her 1993 release Music Box.
	news.bbc.co.uk /1/hi/entertainment/music/1739043.stm (358 words)

	Q & A: Golden Handshake from a Bank
		Q & A: Golden Handshake from a Bank
		Q.) One of my relative who was working in a non Islamic bank has got Golden handshake and earned money around 20 lacs (2 million).
		The audio files may be copied to tapes, etc. for your listening convenience.
	www.albalagh.net /qa/golden_handshake_bank.shtml (298 words)

	TIME.com: A Golden Handshake -- Mar. 15, 1976 -- Page 1 (Site not responding. Last check: 2007-11-05)
		TIME has learned that as of Jan. 1, 1976—the day after his resignation took effect—Sarnoff became a consultant to RCA at an annual retainer of $75,000.
		The company's explanation is that Sarnoff s advice is needed by RCA on matters with which he is familiar "by reason of his former employment." The company's gesture seems to be a "golden handshake," a generous farewell present designed to discourage any public recriminations.
		The expensive practice was widespread in the business world until the mid-1960s, but since then, largely because of stockholders' opposition, it has been rather rare.
	www.time.com /time/magazine/article/0,9171,945570,00.html (541 words)

	Lennon suspends Butler's golden handshake. 17/08/2004. ABC News Online
		Tasmania's Premier Paul Lennon has suspended former governor Richard Butler's $650,000 golden handshake until the auditor-general hands down his report into the legality and propriety of the pay out.
		Mr Butler today moved out of Government House, a precondition of receiving the payment.
		After a week of pressure over the $650,000 payout to Tasmania's departing Governor Richard Butler, the State Government has now suspended the golden handshake.
	www.abc.net.au /news/newsitems/200408/s1178565.htm (212 words)

	Australian Labor Party: Farmer posting a 'golden handshake'
		Australian Labor Party: Farmer posting a 'golden handshake'
		Home > News > Farmer posting a 'golden handshake'
		Rather than holding to account a Department with massive administrative and cultural problems, the Howard Government's response to the damning Palmer Inquiry Report has been to offer its permanent Secretary a 'golden handshake'.
	www.alp.org.au /media/0705/mspa110.php (296 words)

	Time to give Srinath, Prasad the golden handshake: Dungarpur : Cricket News : IndiaExpress.Com
		Former Cricket Board chief Raj Singh Dungarpur has described India’s lugubrious litany of losses in final matches as a ‘crisis of character'.
		He also said it was time to give a 'golden handshake' to veteran speedsters Javagal Srinath and Venkatesh Prasad.
		"The time has come for Prasad and Srinath to either take a long rest or they need a golden handshake before retirement," Dungarpur was quoted as saying by the Gulf News.
	www.indiaexpress.com /news/sports/cricket/20011028-0.html (385 words)

	Re: The golden handshake (Site not responding. Last check: 2007-11-05)
		In Reply to: Re: Give him the golden handshake posted by A. Kasmani on September 02, 2001
		: : What does it mean to "give someone the golden handshake"?
		1960 in OEDS: There is little public sympathy for the tycoon who retires with a golden handshake to the hobby farm." From the "Random House Historical Dictionary of American Slang, Volume 1, A-G" by J.E. Lighter, Random House, New York, 1994.
	www.phrases.org.uk /bulletin_board/10/messages/557.html (103 words)

	Scoop: Another golden handshake is confirmed (Site not responding. Last check: 2007-11-05)
		National Party Families spokeswoman Judith Collins says the Ministry of Social Development annual report confirms the golden handshake given to former Families Commission chief executive Claire Austin.
		“Rajen Prasad broke the rules when he offered Ms Austin a golden handshake, and he has never faced any action for this breach.
		“Worse still, Steve Maharey knew about the breakdown of relations between Claire Austin and the commission – yet chose not to intervene and reiterate Labour’s policy on golden handshakes.
	www.scoop.co.nz /stories/PA0511/S00051.htm (538 words)

	TIME.com: The Golden Handshake -- Dec. 24, 1965 -- Page 1 (Site not responding. Last check: 2007-11-05)
		The company will also fork over $1.5 million in pension-fund contributions.
		The settlement, tied to a new one-year contract, was sealed by U.A.W. Secretary-Treasurer Emil Mazey and Kohler Vice President Lyman C. Conger with a handshake.
		Despite the most extensive boycott campaign ever mounted by organized labor, the effect of the long dispute on the company was hardly shattering; Kohler today is still a leader in the industry, ranks third nationwide in annual sales.
	www.time.com /time/magazine/article/0,9171,834841,00.html (540 words)

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