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Day: September 4, 2016

HR Word of The Day 0

HR Word:Golden Parachute

​Golden Parachute definition Golden parachutes refer to contractual clauses that provide significant severance packages should the employment relationship be terminated. Traditionally golden parachutes refer to termination as a result of mergers and acquisitions, although recently the term has come to mean termination for any reason, which has historically referred to golden handshakes.  Proponents of golden parachutes and golden handcuffs say they […]