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Golden Parachute Meaning In Bengali
Golden Parachute শব্দের বাংলা অর্থ কি: গোল্ডেন প্যারাশুট
Golden Parachute
Definition
1) A golden parachute is a financial arrangement in an employment contract that provides a top executive with substantial benefits if they are terminated from their position, typically due to a merger or takeover.
2) It refers to a generous severance package that may include cash bonuses, stock options, pension benefits, and other perks designed to soften the blow of losing their job.
3) A golden parachute is intended to incentivize executives to stay with a company even in uncertain times, knowing that they will be financially protected if they are forced to leave their position.
Examples
Golden Parachute Example in a sentence
1) The CEO negotiated a generous golden parachute in case of an unexpected termination.
2) The executives were offered golden parachutes as part of their employment contracts.
3) The company's financial troubles led to the implementation of golden parachute agreements for key employees.
4) The golden parachute provided a safety net for the departing executive to transition to a new role.
5) The golden parachute ensured that the departing executive would receive a substantial severance package.
6) The board of directors approved golden parachutes for top management to secure talent retention.
7) In the event of a merger, the company's executives would receive golden parachutes.
8) The golden parachute clause in the employment contract guaranteed the CEO a substantial payout upon departure.
9) The golden parachute was seen as a way to incentivize executives to stay with the company during uncertain times.
10) The outgoing CFO received a multimillion-dollar golden parachute after resigning from the company.
Synonyms
Encyclopedia
A golden parachute is a financial arrangement in an employment contract that provides a top executive with substantial benefits if they are terminated from their position, typically due to a merger or takeover.
It refers to a generous severance package that may include cash bonuses, stock options, pension benefits, and other perks designed to soften the blow of losing their job.
A golden parachute is intended to incentivize executives to stay with a company even in uncertain times, knowing that they will be financially protected if they are forced to leave their position.
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