Golden boot compensation, also known as the 'Golden Boot', is an inducement, using maximum incentives and financial benefits, for an older worker to take "voluntary" early retirement.
Famous quotes containing the words golden, boot and/or compensation:
“But when the bowels of the earth were sought,
And men her golden entrails did espy,
This mischief then into the world was brought,
This framed the mint which coined our misery.
...
And thus began th’exordium of our woes,
The fatal dumb-show of our misery;
Here sprang the tree on which our mischief grows,
The dreary subject of world’s tragedy.”
—Michael Drayton (1563–1631)
“... until the shopkeeper plants his boot in our eyes,
and unties our bone and is finished with the case,
and turns to the next customer, forgetting our face
or how we knelt at the yellow bulb with sighs
like moth wings for a short while in a small place.”
—Anne Sexton (1928–1974)
“In compensation for considerable disgust, despondency, and boredom—such as living in solitude without friends, books, duties, or passions necessarily entails—we are given those quarter-hours of deepest communion with ourselves and nature. Those who completely barricade themselves from boredom, barricade themselves from themselves as well: they will never get to drink the most refreshingly potent draught from the their own innermost fountain.”
—Friedrich Nietzsche (1844–1900)