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 if that Golden Age would come again,
And Charles here rule as he before did reign;”
—Robert Herrick (1591–1674)
“... 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)
“Senators and presidents have climbed so high with pain enough, not because they think the place specially agreeable, but as an apology for real worth, and to vindicate their manhood in our eyes. This conspicuous chair is their compensation to themselves for being of a poor, cold, hard nature.”
—Ralph Waldo Emerson (1803–1882)