Financial Post: How to negotiate your top executive’s salary, pay package, benefits and more from your bank, brokerage, brokerage bank and insurance company.
The article’s headline is “The Best and Worst Paying Practices for Executives” and the article is about executive salaries.
The article is in two parts.
Part 1 explains how to negotiate the salary for an executive and includes the steps for how to get it.
Part 2 provides the details of the salary and the best and worst ways to negotiate it.
Here’s the article in full:The Best Practices for Executive Salaries”Part 1 of the Best Practices articleHow to negotiate executive salaries”Part 2 of the best practices for executive salariesThe first section is about how to approach the executive.
“The first step is to understand what it is you want to achieve with the executive,” says the article.
It includes a list of the executive’s objectives.
“If you’re looking for a high paying, highly sought-after position, this is not the way to start.
However, if you are an experienced executive who is looking for an opportunity to grow your company and build upon your experience, this section will help you determine if there is an opportunity for you to succeed.”
Part 2 lists the key elements of an executive’s pay package and what the compensation is for.
It also lists the steps you need to take to negotiate a better executive salary.
“The first thing you should consider is whether your executive is worth the money you’re asking for,” says a paragraph in the section titled “What You Should Consider When You Negotiate an Executive’s Pay Package.”
“It is important to consider the potential for a pay cut as well.
It is always worth looking at your executive’s compensation in light of the type of compensation you’re seeking.
There are two ways you can determine if you’re getting the best value for your money: First, if your executive makes less than what you’re paying, then you can look at the compensation that your company pays your senior executives and compare that with the compensation you are paying your top executives.”
The second option is to look at what you can negotiate for.
“Look at your senior executive’s base salary and see if it is a reasonable amount,” says part 1.
“Next, look at your other executives’ base salaries.
You can find out how much you can expect to make from your other senior executives.”
To understand the executive salary you should negotiate, you need “to know what the executive does, and what your executive does.
That means understanding how much money the executive earns per year, how much that money is distributed among his senior executives, and how the executive contributes to your company’s bottom line.”
The article also provides some guidelines for how you can get an executive to accept a higher salary.
“Consider whether it is fair to the executive if he is asked to work longer hours,” says Part 2.
“For example, if an executive is asked not to work fewer hours per week, it could mean less money for the executive.”
“You can negotiate lower salary offers for your executive.
If you are asking for a higher base salary than your executive would like, negotiate a pay package that is less than the executive would be willing to accept.
You might get an offer to reduce the salary that you’re demanding, or you might not.
It’s not always worth it to negotiate for less than you would accept.
However you go about it, remember that an executive will generally consider the compensation offered to him or her a lower price than the compensation they would be able to earn if they were able to work more hours per year.”
“If you are negotiating on an hourly basis, look for ways to reduce your base salary.
If it is an hourly base salary, the executive will likely negotiate on a salary basis,” says section 2.
“You might have an executive who would love to be working 20 hours per day.
You could negotiate on an annual basis, or on a monthly basis.
Or you might be looking for something in the range of a $25,000 to $35,000 annual salary,” says this section.
You might want to “consider the level of leverage” between you and the executive, says part 2.
You should also consider how your executive can make the decision whether or not to accept the offer.
If the executive has a long career, you might negotiate for an extra month to two years of the offer than you might want.
The executive may decide to accept your offer and then ask for a lower pay package.
This can be a good thing, because it gives you more leverage to negotiate on the salary, says this paragraph.
If you can’t find the executive you want on a list that has a high salary, you can still negotiate.
“A good strategy for negotiations is to ask a number of questions about the executive that will give you the feeling that the executive is a willing, willing and able