GOLDEN HELLO Meaning and
Definition
-
A "golden hello" refers to a financial incentive or signing bonus offered by an employer to attract and entice a highly skilled or sought-after candidate to join their organization. This term is commonly used in the context of executive and upper-level management positions.
Typically, a golden hello is a significant amount of money, often a sizable portion of the individual's annual salary or a fixed lump sum, which is given upon the candidate accepting the job offer. This monetary reward is intended to serve as a form of appreciation for the candidate's expertise and to encourage them to choose the employer over other potential opportunities.
The golden hello is often negotiated during the recruitment process or included in the initial job offer. It aims to sweeten the deal, providing the candidate with an attractive monetary boost or additional remuneration from the very start of their employment with the company.
This signing bonus is usually subject to specific conditions, such as the new employee remaining with the organization for a predetermined period of time, often referred to as a "clawback period." If the individual leaves the company before completing this duration, they may be required to return a proportion or the full amount of the golden hello.
Overall, the golden hello serves as a powerful tool for employers to attract exceptional talent and secure their commitment to the organization at the onset, while simultaneously providing the newly hired individual with a financial reward.
Common Misspellings for GOLDEN HELLO
- folden hello
- volden hello
- bolden hello
- holden hello
- yolden hello
- tolden hello
- gilden hello
- gklden hello
- gllden hello
- gplden hello
- g0lden hello
- g9lden hello
- gokden hello
- gopden hello
- gooden hello
- golsen hello
- golxen hello
- golcen hello
- golfen hello
- golren hello
Etymology of GOLDEN HELLO
The term "golden hello" originated in the corporate world, specifically in the realm of executive compensation. It is used to refer to a financial incentive offered to a newly hired executive or employee, typically in the form of a substantial cash bonus or stock options.
The word "golden" in this context signifies a valuable or highly desirable opportunity, similar to the way gold is seen as precious. It is often used metaphorically to indicate something of great worth or benefit. In the case of a "golden hello", it denotes the attractive financial package that accompanies a new job or position.
The use of the word "hello" is a metaphorical way of referring to the beginning or the initial stage of a professional relationship. It is comparable to a greeting or introduction when starting a job, thus the term "golden hello" symbolizes the lucrative incentive offered to welcome and entice talented individuals into a new role or organization.
Idioms with the word GOLDEN HELLO
-
a golden hello
The idiom "a golden hello" refers to a substantial amount of money or lucrative offer given to someone as an incentive or reward for starting a new job or venture. It typically involves a sizeable signing bonus or financial package provided to entice and attract talented individuals.
Infographic
Add the infographic to your website:
