goldwatchloop
/ˌɡəʊldˈwɒtʃˌluːp/nounVerified NewThe cycle in which an employee "retires" and is rehired almost immediately as a part-time consultant for the same work.
The farewell cake is barely finished before the contract arrives: the organization needs the knowledge, the retiree needs the income, and only the fiction of retirement is preserved. The loop can run for a decade, one three-month renewal at a time.
Etym. — gold watch (the ceremonial retirement gift) + loop: the gift that comes with a boomerang attached.
Rel. — careeralgia
Novelty check: NEW · checked 2026-11-08
review evidence: wordstoreview/review-batch-3-04-work.md
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