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:
“I hope we shall give them a thorough drubbing this summer, and then change our tomahawk into a golden chain of friendship.”
—Thomas Jefferson (1743–1826)
“... 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)