What does golden hello mean?
Definitions for golden hello
gold·en hel·lo
This dictionary definitions page includes all the possible meanings, example usage and translations of the word golden hello.
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Wiktionary
golden hellonoun
A payment offered to an employee as an inducement to join, especially if currently working for a competitor.
Wikidata
Golden hello
A Golden hello is a signing bonus offered to an employee of a rival firm, usually an executive. The term is also sometimes used more generally to refer to a signing bonus paid to a sought-after recruit. In the UK a 'golden hello' is a bonus or financial incentive, not for executives, but "to encourage graduates to enter the teaching profession and teach priority secondary subjects in maintained schools". The value varies according to the subject with Science and Maths attracting £5000 whereas music is offered £2500. The incentive is paid by the TDA teacher development agency. In the United States, golden hellos are typically offered to high-ranking executives by major corporations and may be valued in the millions of dollars. They are said to have become "larger and more common" starting around the mid 1990s. Insurance/finance company Conseco paid Gary Wendt $45 million when he joined as CEO in June 2000. Kmart promised $10 million to Thomas Conaway as CEO. Global Crossing gave Robert Annunziata a $10 million signing bonus in 1999, but he held his post as CEO for only 13 months, and was not required to return any of the $10 million.
Numerology
Chaldean Numerology
The numerical value of golden hello in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of golden hello in Pythagorean Numerology is: 1
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"golden hello." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/golden+hello>.
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