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:
“The golden mean in ethics, as in physics, is the centre of the system and that about which all revolve, and though to a distant and plodding planet it be an uttermost extreme, yet one day, when that planet’s year is completed, it will be found to be central.”
—Henry David Thoreau (1817–1862)
“... 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)
“The only compensation which war offers for its manifold mischiefs, is in the great personal qualities to which it gives scope and occasion.”
—Ralph Waldo Emerson (1803–1882)