Meaning of the word "golden handcuffs" in English

What does "golden handcuffs" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

golden handcuffs

US /ˈɡoʊldən ˈhændˌkʌfs/

UK /ˈɡoʊldən ˈhændˌkʌfs/

financial incentives and benefits that discourage employees from leaving a company, even if they are unhappy with their job

Example:

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Many executives are tied to their companies by golden handcuffs, making it hard for them to leave.

•

The generous stock options acted as golden handcuffs, keeping her at the firm for years.

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