"Golden handshake" refers to the generous financial package or benefits that are given to an employee when they retire or leave a company, often as a form of gratitude or compensation for their service. Full definition
Arsenal have always seen to that with golden handshakes! (justarsenal.com)
And that adds insult to injury after justifying Stronach's golden handshake as the cost of making Magna an investor - friendly company. (canadianbusiness.com)
I think that in four months time it will have to be time for the board to golden handshake Wenger. (justarsenal.com)