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golden handcuffs
[ gohl-duhn hand-kuhfs ]
plural noun
- incentives like bonuses, raises, insurance plans, and flexible hours that discourage employees from leaving a company:
She wasn’t especially happy in her job, but the healthcare benefits were the golden handcuffs that kept her from looking elsewhere.
golden handcuffs
plural noun
- informal.payments deferred over a number of years that induce a person to stay with a particular company or in a particular job
Word History and Origins
Origin of golden handcuffs1
Idioms and Phrases
Financial benefits that an employee will lose upon resigning, as in The company's presented all the middle managers with golden handcuffs, so they can't afford to leave . This slangy business expression dates from the 1970s.Example Sentences
“Because of high interest rates,” he said, “there’s no mobility out of rental situations to buy homes. Everyone is stuck — homeowners with golden handcuffs, renters basically with unadorned handcuffs.”
"Buyers are jumping back in the fray as the new normal of rates are setting in. Homeowners who would typically sell their home, however, have the golden handcuffs of yesterday's rates making it much more attractive to stay put," says Rachel Mehmedagic, owner of Windermere Real Estate's office on Mercer Island in the Seattle region.
Advisers had counseled him that a possible indictment by a Manhattan grand jury involving hush-money payments to an adult-film star would not come for some time — if at all — and Trump had even begun joking about “golden handcuffs,” said one person who spoke with him in recent days.
Trump ahead of the indictment had been joking about "golden handcuffs," according to The Washington Post, but did not expect the news to land this week.
Some workers may now, post-layoff and with their golden handcuffs snipped, take the chance to find jobs more aligned with their values.
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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
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