Employment Law Blog
8 Tips for C-Suite Contract Negotiations
C-suite contract negotiations determine the quality of your tenure in a position. Whether it’s time for a raise or a new position, follow these tips to build a stronger case. A company’s success or failure depends on its executive leadership team, which is why successful firms pay their executives well. The salary varies based on […]
Can Officers & Directors Be Held Personally Liable?
Can officers and directors be held personally liable? While they have some protections, they are not invincible. Officers and directors are the management tier of a corporation. While the directors manage high-level business matters, officers oversee the day-to-day operation of the company. Moreover, these positions can be shareholders, employees, appointed individuals paid for consulting, or […]
Executive Retention Packages: Negotiate Terms That Work For You
Executive retention packages serve the purpose of keeping you in a position that benefits you. As an executive, it’s likely that a lucrative job offer might cross your desk. Alternatively, your employer may agree to a merger or acquisition. When the new company owners want to keep key executives in place, they may offer a […]
Executive Sign-On Bonus: Terms & Negotiations
From the executive sign-on bonus to the retention bonus, bonuses are a major factor in the average executive compensation package. Whether you want to negotiate a signing bonus, performance bonus, or a retention bonus, the point is to keep the position valuable for you. Often, there’s more room to negotiate bonuses than your base salary. […]
Executive Severance Compensation When You Choose to Leave
Executive severance compensation is often quite lucrative when you have the option to attain it. While there are many reasons people leave C-suite or senior executive positions, it usually boils down to the employee or employer moving on. When it comes time to negotiate an executive employment contract, many higher-ups focus on the former. However, […]
Executive Termination: Do You Have a Wrongful Termination Case?
In the face of executive termination, it’s common to wonder whether you have a case for wrongful termination. Whether you are in a hostile work environment, already fired, or placed on a “performance plan,” it’s essential to understand your rights. Generally speaking, even executives are “at-will” employees in Texas. This means a company can let […]