golden hello: Idiom Meaning and Origin
What does ‘golden hello’ mean?
A'golden hello' is a financial incentive offered to a new employee as a way to attract and secure their services. It usually comes in the form of a large sum of money or other valuable benefits given upon joining a new company.
Idiom Explorer
The idiom "hit the jackpot" means to achieve a great success or obtain an unexpected, significant gain, often in a financial sense.
"Hit the big time" is an idiom that means achieving great success or fame, often referring to someone who becomes very successful in their career or achieves a high level of recognition. It implies reaching a significant, noteworthy position or achieving a major breakthrough in one's life or profession.
When someone "hits paydirt," they have unexpectedly or successfully found something valuable or profitable.
The idiom "heart of gold" refers to a person who is exceptionally kind, generous, and compassionate. They possess a warm and selfless nature, always willing to help others without expecting anything in return.
A "green handshake" refers to a financial agreement or deal, often occurring in business settings, where a substantial amount of money is paid upfront as a sign of trust or commitment.
A grease payment is a bribe or illegal payment made to someone in power in order to gain an advantage or get something done, often used in official or bureaucratic situations.
The idiom "gold mine" refers to a valuable or profitable resource or opportunity that can lead to great riches or success.
The idiom "gold in them thar hills" refers to the belief or hope of finding something valuable or profitable in a situation or place. It implies the existence of hidden or untapped resources that could bring great rewards.
The idiom "golden years" refers to the time in a person's life when they are retired and able to enjoy leisure activities, usually associated with financial security and freedom from work obligations.
Untangling the Enigma
Golden hello is an idiom that originated in the UK during the 1980s. It is commonly used in the corporate world to refer to a sign-on bonus or special financial incentive given to a new employee as an enticement to join a company. The idea behind a golden hello is to sweeten the deal for a prospective employee by offering them a substantial sum of money upfront.
Golden hello packages can vary widely depending on the industry, job level, and the company's financial resources. These packages often include cash bonuses, stock options, or other forms of financial incentives. The amount offered as a golden hello can range from a few thousand dollars to millions of dollars, especially for top-level executives.
One downside to the golden hello is that it can create unrealistic financial expectations for new employees. If an employee joins a company primarily for the bonus and later realizes that the job itself does not meet their expectations, it can lead to dissatisfaction and high turnover. However, offering financial incentives as part of the hiring process can be an effective way to attract and retain talented individuals.
Related to the concept of golden hello are three other idioms: golden handshake, golden parachute, and golden opportunity.
Golden handshake is an idiom that refers to a substantial severance package or financial arrangement offered to an employee upon their departure from a company, usually due to retirement or downsizing. It is often used to provide financial security and a smooth transition for the departing employee. While the golden hello focuses on attracting new talent, the golden handshake is intended to reward and support long-term employees.
Golden parachute is another idiom related to the golden hello. It refers to a financial arrangement that guarantees a substantial payout for a top executive if they are terminated or experience a change in control of the company. Like the golden hello, the golden parachute is designed to provide a financial incentive and attract highly skilled individuals to top-level positions.
Golden opportunity is the third idiom related to the concept of golden hello. It refers to a chance or occasion that is extremely advantageous or favorable. While golden hello focuses on the financial aspect of attracting new employees, golden opportunity highlights the broader benefits and possibilities that can arise from seizing a favorable moment or situation.
The golden hello is an idiom that describes a sign-on bonus or financial incentive given to a new employee to entice them to join a company. It is most commonly used in the corporate world and originated in the UK during the 1980s. Golden hello packages can vary widely in value and form, ranging from a few thousand dollars to millions of dollars. While it can be an effective tool for attracting talent, there is a risk of creating unrealistic financial expectations and prioritizing money over other aspects of the job. Additionally, the related idioms of golden handshake, golden parachute, and golden opportunity provide further context and understanding of the financial incentives and opportunities that can arise in the business world.
Example usage
Examples of how the idiom *golden hello* can be used in a sentence:
- She was offered a generous golden hello to join the new company.
- The company used a golden hello to entice top talent to their organization.
- After receiving a substantial golden hello, he was motivated to perform well in his new role.