Golden boot compensation explained

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.

See also

• Compromise agreement
• Golden handcuffs
• Golden parachute
• Layoff
• Restructuring
• Severance package
• Voluntary Redundancy

External links

• http://www.investopedia.com/terms/g/goldenboot.asp - Golden Boot Investopedia