golden hello

A payment made to induce an employee to take up employment. The tax treatment depends on the nature of the payment; in some cases the taxpayer has successfully argued that the payment should be tax-free. However, in 1991 the House of Lords ruled that a payment made to a well-known footballer by a football club, as an inducement to join a new club, was taxable.

Accounting dictionary. 2014.

Look at other dictionaries:

  • golden hello — noun (informal) A large sum given to a much wanted new employee on joining a firm • • • Main Entry: ↑golden * * * golden hello UK US noun [countable] [singular golden hello plu …   Useful english dictionary

  • golden hello — golden hellos N COUNT A golden hello is a sum of money that a company offers to a person in order to persuade them to join the company. [BUSINESS] Most people recognise the need to pay a golden hello to attract the best …   English dictionary

  • golden hello — A payment to induce a candidate to join, or an existing employee to remain in, employment. See also golden handcuffs. golden handshake Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Golden Hello — Prime de bienvenue Pour les articles homonymes, voir Hello (homonymie). La prime de bienvenue ou Golden Hello est le pendant, pour les arrivées de cadres dirigeants; du parachute doré (ou Golden parachute), indemnité de départ réservé à ces mêmes …   Wikipédia en Français

  • Golden hello — A Golden hello is a bonus offered by hiring firms if the hired joins the company from a rival firm. It is very similar to the traditional joining bonus offered by firms but will be offered usually for rival firm employees luring them into a… …   Wikipedia

  • Golden Hello — A signing bonus offered to a candidate from a rival company. Unlike a typical signing bonus, a golden hello is specifically designed to entice employees of competing firms to leave. A golden hello is more likely to be extended to executive level… …   Investment dictionary

  • golden hello — A bonus a securities firm pays to attract an employee from a competing firm. Bloomberg Financial Dictionary * * * golden hello ˌgolden helˈlo noun [countable] HUMAN RESOURCES a large amount of money given to an employee by their new employer to… …   Financial and business terms

  • golden hello — UK / US noun [countable] Word forms golden hello : singular golden hello plural golden hellos business a large amount of money given to someone for accepting an important job …   English dictionary

  • golden hello — /goʊldən həˈloʊ/ (say gohlduhn huh loh) noun Colloquial an inducement, usually a substantial increase in salary or other benefits, offered to a senior executive to persuade them to join a company: *In the United States teachers are offered… …   Australian English dictionary

  • golden hello — HR a welcome package for a new employee that may include a bonus and share options. A golden hello is designed as an incentive to attract employees. Some of the contents of the welcome package may be contingent on the performance of the employee …   The ultimate business dictionary

  • golden hello — golden hel lo n BrE informal a large amount of money that is given to a new employee, in order to persuade them not to go to work for another organization ▪ New teachers are given golden hellos …   Dictionary of contemporary English

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