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:
“How doth the little crocodile
Improve his shining tale,
And pour the waters of the Nile
On every golden scale!”
—Lewis Carroll [Charles Lutwidge Dodgson] (1832–1898)
“... 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)
“Many old people receive pensions for no other reason, it seems to me, but as a compensation for having lived a long time ago.”
—Henry David Thoreau (1817–1862)