Tag: executive contract negotiation

How to Manage Multiple C-Level Executive Job Offers

Ten days ago, on Friday November 4, 2022, CEOWorld magazine published an article I wrote on “How to Manage Multiple C-Level Executive Job Offers”

This new article is designed for CEOs,  CFOs, COOs, and other C-level and senior executives, who currently have or expect to soon have multiple job offers, each job offer presenting an attractive opportunity, and where you as C-level executive, seek guidance of how to manage these offers for best effect financially, and for your families and your career.

This article discusses the art of managing multiple executive job offers to get the best results for yourself, including

  • How to evaluate multiple job offers, 
  • How to manage the process and in doing so manage expectations of the parties, 
  • What executive contract terms to seek from each company,
  • How to negotiate for the best terms from those available and still position yourself well for future opportunities,
  • How to navigate this process while maintaining your current position. 

Finally, the article discusses planning your exit to do so on good terms that enhance your reputation.

To see my full CEOWORLD magazine. article, go to LINK: https://ceoworld.biz/2022/11/04/how-to-manage-multiple-c-level-executive-job-offers/

Or on my website at https://www.executiveemploymentattorney.com/how-to-manage-multiple-c-level-executive-job-offers/

This was my 39th article published in CEOWORLD since 2016.  Previously, the editor advised that I can use “Featured in the CEOWORLD magazine” and the CEOWORLD “Logo” on my website and add CEOWORLD magazine in my LinkedIn profile’s “Experience Section” as an “Opinion Columnist.” and authority in the field.  

On its own initiative, CEOWORLD magazine created on their website a library of Robert Adelson published articles.   You can peruse this library and/or read as many of my 39 published articles as you wish.  See https://ceoworld.biz/author/robert-adelson/

CEOworld Magazine logo

With more than 12.4+ million-page views, CEOWORLD magazine is the world’s leading business magazine written strictly for CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide. https://www.linkedin.com/company/ceomagazine/

Tweeting My new CEOWorld article on “How to Manage Multiple C-Level Executive Job Offers”

If you tweet and would like to tweet my article, here is my four (4) tweets to retweet or to use in your own tweet –

11/4/22 article @ceoworld by @attorneyadelson for #CEOs #CLevel #seniorexecutives on “#Managing #Multiple #CLevelExecutive #JobOffers” including #comparative #evaluation of #companyculture #totalcompensationpackage #worklifebalance

https://ceoworld.biz/2022/11/04/how-to-manage-multiple-c-level-executive-job-offers/ via @CEOWORLD magazine

11/4/22 article @ceoworld by @attorneyadelson for #CLevel #seniorexecutives on “#Managing #Multiple #JobOffers” to #resist #recruiter #lowballoffers, #match #yourneeds to #suitorgoals, bring #bothoffers to #credibility then #runoff https://ceoworld.biz/2022/11/04/how-to-manage-multiple-c-level-executive-job-offers/ via @CEOWORLD magazine

11/4/22 article @ceoworld by @attorneyadelson for #CLevel #seniorexecutives on “#Managing #Multiple #CLevelExecutive #JobOffers” for #meaningfulequitystake #taxfavoredequity #neededsigningbonus #severancetriggers #robustprotections https://ceoworld.biz/2022/11/04/how-to-manage-multiple-c-level-executive-job-offers/ via @CEOWORLD magazine

11/4/22 article @ceoworld by @attorneyadelson for #CEOs #CLevel #seniorexecutives on “#Managing #Multiple #CLevelExecutive #JobOffers” to #getbestterms from #twojoboffers with #fulltimepostion for one #remoteconsulting for other https://ceoworld.biz/2022/11/04/how-to-manage-multiple-c-level-executive-job-offers/ via @CEOWORLD magazine

It is my hope that this article will be of benefit to CEOs, C-level and senior executives to offer them insights and guidance to make the most of the opportunity when you are being courted and …more than one suitor company is vying for your services for you to accept their job offer for next executive position.

 Feel free to tweet or share this article. If you or any colleague of yours has a need in this area, please do reach out to me @ 617-875-8665 or rob@attorneyadelson.com .

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Executive Relocation Risks, Mitigation Strategies and Terms to Seek in Your Relocation Package

Nine days ago, on Sunday February 20, 2021, CEOWorld magazine published an article I wrote on “Executive Relocation Risks, Mitigation Strategies and Terms to Seek in Your Relocation Package.”

This new article is designed for CEOs, C-level and senior executives, who at some point are presented with an attractive career opportunity, where the new position is in a geographic location that is not near home, and would necessitate some form of relocation or adjustments away from working from your current location at or near your permanent residence. 

My article does not discourage relocation and points out many benefits that can arise, including career and professional benefits, if you are willing to relocate.  However, the article does not take this relocation issue lightly and raises the important issues that permanent relocation can pose to your spouse and family.  Furthermore, the article balances benefits with many professional risks you also face in relocation. 

Thus, at its core, the article generally advises caution and suggests use of a mitigation strategy with focus on temporary relocation that includes these key elements:  

  • Temporary Residence – with the company providing a suitable allowance for a furnished apartment or other residence,
  • Transportation – local car rental and air transportation to and from your permanent residence.
  • Commuting – allowance for sufficient periodic visits home,
  • Remote Service – allowance for services to be performed from a home office in or near your permanent residence,
  • Tax Structure or Gross-up – utilization of IRC Section 119 and other provisions of the tax code to structure temporary residence as company lodging so that it is non-taxable or otherwise providing you a tax gross-up, so you have zero net new taxes for company relocation.

My article concludes with discussion and listing of important executive contract terms to seek with your permanent relocation package if, after consideration and perhaps use of the mitigation strategy, you do determine that the position is long-term, or the new locale is advantageous or otherwise  the family decision in favor of permanent relocation.

To see my full CEOWorld magazine. article, go to LINK: https://ceoworld.biz/2022/02/20/executive-relocation-risks-mitigation-strategies-and-terms-to-seek-in-your-relocation-package/

 Or on my website at https://www.executiveemploymentattorney.com/executive-relocation-risks-mitigation-strategies-and-terms-to-seek-in-your-relocation-package/

This was my 36th article published in CEOWORLD since 2016.  Previously, the editor advised that I can use “Featured in the CEOWORLD magazine” and the CEOWORLD “Logo” on my website and add CEOWORLD magazine in my LinkedIn profile’s “Experience Section” as an “Opinion Columnist.” and authority in the field.  

On its own initiative, CEOWOLRD magazine created on their website a library of Robert Adelson published articles.   You can peruse this library and/or read as many of my 36 published articles as you wish.  See https://ceoworld.biz/author/robert-adelson/

CEOworld Magazine logo

With more than 12.4+ million-page views, CEOWORLD magazine is the world’s leading business magazine written strictly for CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide.

https://www.linkedin.com/company/ceomagazine/

Tweeting My new CEOWorld article on “Executive Relocation Risks, Mitigation Strategies and Terms to Seek in Your Relocation Package”

If you tweet and would like to Tweet my article, here is my four (4) tweets to retweet or to use in your own tweet –

It is my hope that this article will be of benefit to CEOs, C-level and senior executives who, at some point in your career, are considering relocation to pursue an opportunity for significant financial gain or to advance your career.. Feel free to tweet or share this article. If you or any colleague of yours has a need in this area, please do reach out to me.

Executive Contract Terms to Negotiate with Your Prospective Employer

On Tuesday June 22, 2021, the website Ivy Exec published under “Career Advice” an article I wrote on “Executive Contract Terms to Negotiate with Your Prospective Employer”. 

This article is designed for CEOs, C-level and senior executives, who are sometimes neglectful of their own interests and might be tempted to accept the assurance from a prospective employer that the job offer terms are just standard.  But executive contract terms are not standard.

My article discusses critical contract terms that, as a senior executive, you should consider negotiable to assure you are receiving fair financial treatment and to provide important protections to your career path and reputation.  I suggest negotiation strategies for key contract terms including: 

  • Signing Bonus – to make you whole for what you are giving up from your job and also compensate you for the risks you are taking going into a new situation where you will have to prove yourself yet again,
  • Meaningful Equity – giving you a stake in the company sufficient in size and upside potential to justify the move.
  • Tax-favored Equity – with my structuring suggestions to maximize your take-home pay.
  • Restrictive covenants – NDAs limited to not bar you from future utilization of  your prior knowledge and connections, Non-competes limited so no significant detour is created to the expected path for your future career growth,
  • Severance triggers – to allow you to quit for good reason if the company fails to live up to promises you relied on accepting the offer;  
  • Robust severance terms – with not only severance pay but continuation of health benefits, prorated bonus and equity acceleration.

My article then concludes with a discussion of other non-contract factors that go into the decision to accept a job offer such as compatibility with company, fit of skills and personality, and your belief in company prospects.  

But remember, even where you see a good fit going in, things can change: so, having a good contract is an important protection against your champion leaving or other unforeseen developments.

To see my full article, as published in the “Career Advice” section of the Ivy Exec website, go to LINK: https://www.ivyexec.com/career-advice/2021/executive-contract-terms-to-negotiate-with-your-prospective-employer/

 Or on my website at https://www.executiveemploymentattorney.com/articles-section/executive-contract-terms/

IvyExec hosts articles and webinars from experts in the career, leadership, and business spaces who wish to share their knowledge with our audience.  In April 2021, I was invited to write for IvyExec since it seeks original content on the topics of career development, leadership, and business strategy as it applies to senior-level and C-Suite professionals.  IvyExec blog posts and webinars are shared with its community of more than 2 million members on its website, in its newsletter, and on its social media channels.  https://www.ivyexec.com/career-advice/write-for-us/

Tweeting my IvyExec article on “Executive Contract Terms to Negotiate with Your Prospective Employer”.

If you tweet and would like to tweet my article, here is my four (4) tweets to retweet or to use in your own tweet –

It is my hope that this article will be of benefit to CEOs, C-level and senior executives who are contemplating a new job offer or employment contract and want to assure the key need financial terms and career protections are in place.  This article suggests to you what is negotiable and that it may be wise to seek these items even when you feel confident the job is a good fit for you.  Because sometimes, your champion may leave or other things might happen – so that, at that point, it might be comforting to you to know you have in writing critical contractual protections.

So, my hope is that this article will offer insights on these important matters. Feel free to tweet or share this article. If you or any colleague of yours has a need in this area, please do reach out to me.

Using Career Advancement Covenants to Safeguard Non-Financial Executive Pay

Last Wednesday, on May 26, 2021, CEOWorld magazine published an article I wrote on “Using Career Advancement Covenants to Safeguard Non-Financial Executive Pay”. 

This new article is designed for CEOs, C-level and senior executives, who, on occasion, may accept less in salary, bonus and equity in favor of non-financial compensation that is sometimes more important. Some of the examples of such non-financial compensation listed in the my article are: 

  • Assignments in a new field where you have little prior experience,
  • Face time with valued contacts,
  • Exposure for your work, showcasing your skills in your industry,
  • Basing your work in a desired location,
  • Access to technology or markets, back license of technology.  

The article then highlights two  examples of C-level and senior executive clients of mine, who in recent representations chose non-financial compensation to advance their careers, building their resumes for future rewards, the first becoming CFO and Chief Accounting Officer for a company to go public, the other for my client to become a first time CEO.

Finally, my article discusses how, in each case, special covenants and agreement terms were included and are mentioned in my article to assure my clients that either they got the experience or resume value they were seeking or could resign for good reason and trigger severance.   

To see my full CEOWorld magazine. article, go to LINK: https://ceoworld.biz/2021/05/26/using-career-advancement-covenants-to-safeguard-non-financial-executive-pay/

 Or on my website at https://www.executiveemploymentattorney.com/using-career-advancement-covenants-to-safeguard-non-financial-executive-pay/

This was my 34th article published in CEOWORLD since 2016.  Previously, the editor advised that I can use “Featured in the CEOWORLD magazine” and the CEOWORLD “Logo” on my website and add CEOWORLD magazine in my LinkedIn profile’s “Experience Section” as an “Opinion Columnist.” and authority in the field.  

On its own initiative, CEOWOLRD magazine created on their website a library of Robert Adelson published articles.   You can peruse this library and/or read as many of my 34 published articles as you wish.  See https://ceoworld.biz/author/robert-adelson/

CEOworld Magazine logo

With more than 12.4+ million-page views, CEOWORLD magazine is the world’s leading business magazine written strictly for CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide.

https://www.linkedin.com/company/ceomagazine/

Tweeting My new CEOWorld article on “Using Career Advancement Covenants to Safeguard Non-Financial Executive Pay”

If you tweet and would like to Tweet my article, here is my three (3) tweets to retweet or to use in your own tweet –

It is my hope that this article will be of benefit to CEOs, C-level and senior executives who at some point in their career might be considering an opportunity to advance their career that might involve financial sacrifice or other risks and may want to consider review of their executive employment contract to give the best assurance of gaining those career  for which a price will be paid.  So, my hope is that this article will offer insights on these important matters. Feel free to tweet or share this article. If you or any colleague of yours has a need in this area, please do reach out to me at rob@attorneyadelson.com.