Pink slip refers to the American practice, by a personnel department, of including a discharge notice in an employee's pay envelope to notify the worker of his or her termination of employment or layoff. Receiving a "pink slip" has become a metaphor for the termination of employment in general. According to an article in The New York Times, the editors of the Random House Dictionary have dated the term to at least as early as 1910.
Pink slips came back into the news circa 2009, with the layoffs following the Wall Street crash. The origin of the phrase is undetermined, and there is no evidence that termination notices are, or ever were, conventionally printed on pink-colored paper. In the UK and Ireland the equivalent of a pink slip is a P45; in Belgium the equivalent is known as a C4.
The term pink slip may also relate to the fact that many applications (including termination papers) are done in triplicate form, with the dismissed employee receiving the pink copy (hence the pink slip).
Famous quotes containing the words pink and/or slip:
“Then, bringing me the joy we feel when wee see a work by our favorite painter which differs from any other that we know, or if we are led before a painting of which we have until then only seen a pencil sketch, if a musical piece heard only on the piano appears before us clothed in the colors of the orchestra, my grandfather called me the [hawthorn] hedge at Tansonville, saying, “You who are so fond of hawthorns, look at this pink thorn, isn’t it lovely?””
—Marcel Proust (1871–1922)
“All generous minds have a horror of what are commonly called “facts.” They are the brute beasts of the intellectual domain. Who does not know fellows that always have an ill-conditioned fact or two that they lead after them into decent company like so many bull-dogs, ready to let them slip at every ingenious suggestion, or convenient generalization, or pleasant fancy? I allow no “facts” at this table.”
—Oliver Wendell Holmes, Sr. (1809–1894)