A signing bonus offered to a candidate from a rival company. Unlike a typical signing bonus, a golden hello is specifically designed to entice employees of competing firms to leave. A golden hello is more likely to be extended to executive-level employees than to lower-level employees.
A golden hello signing bonus may run into the millions of dollars. This is a calculated risk by the hiring company, as they hope that the value and knowledge that the poached executive brings will exceed the cost of the bonus. Following the financial crisis of 2008-2009, such compensation methods have become controversial.
Investment dictionary. Academic. 2012.
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golden hello — noun (informal) A large sum given to a much wanted new employee on joining a firm • • • Main Entry: ↑golden * * * golden hello UK US noun [countable] [singular golden hello plu … Useful english dictionary
golden hello — golden hellos N COUNT A golden hello is a sum of money that a company offers to a person in order to persuade them to join the company. [BUSINESS] Most people recognise the need to pay a golden hello to attract the best … English dictionary
golden hello — A payment to induce a candidate to join, or an existing employee to remain in, employment. See also golden handcuffs. golden handshake Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
Golden Hello — Prime de bienvenue Pour les articles homonymes, voir Hello (homonymie). La prime de bienvenue ou Golden Hello est le pendant, pour les arrivées de cadres dirigeants; du parachute doré (ou Golden parachute), indemnité de départ réservé à ces mêmes … Wikipédia en Français
Golden hello — A Golden hello is a bonus offered by hiring firms if the hired joins the company from a rival firm. It is very similar to the traditional joining bonus offered by firms but will be offered usually for rival firm employees luring them into a… … Wikipedia
golden hello — A bonus a securities firm pays to attract an employee from a competing firm. Bloomberg Financial Dictionary * * * golden hello ˌgolden helˈlo noun [countable] HUMAN RESOURCES a large amount of money given to an employee by their new employer to… … Financial and business terms
golden hello — UK / US noun [countable] Word forms golden hello : singular golden hello plural golden hellos business a large amount of money given to someone for accepting an important job … English dictionary
golden hello — /goʊldən həˈloʊ/ (say gohlduhn huh loh) noun Colloquial an inducement, usually a substantial increase in salary or other benefits, offered to a senior executive to persuade them to join a company: *In the United States teachers are offered… … Australian English dictionary
golden hello — HR a welcome package for a new employee that may include a bonus and share options. A golden hello is designed as an incentive to attract employees. Some of the contents of the welcome package may be contingent on the performance of the employee … The ultimate business dictionary
golden hello — golden hel lo n BrE informal a large amount of money that is given to a new employee, in order to persuade them not to go to work for another organization ▪ New teachers are given golden hellos … Dictionary of contemporary English