• Golden handcuffs are financial incentives for employees so that they do not leave the company.

  • Employers offer incentives to retain individuals who perform well in the company or who have exceptional or irreplaceable skills.
  • A negative connotation is often associated with golden handcuffs, as they prevent people from leaving jobs they would otherwise be freed from, but do not do so because the financial loss would be great.
  • Incentives that can be considered golden handcuffs include big bonuses, school allowances, stock options, and a company car.
  • These incentives are accompanied by agreements that provide that the employee will receive them only after a certain period of work or will have to return them if he leaves before a certain date.