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This climate is a salary negotiation game changer. Countering salary offers won't nearly be as effective as it once was. Savvy executives now need to pursue long-term value over short-term income to achieve meaningful negotiations.
Benefits that leverage or protect income can be more valuable than the salary itself. Leverage in this case means indirect or non-cash compensation nike air force1 foamposite womens , for example: employer matching for 401K, life insurance coverage or non-cash perquisites like a company car or country club allowance.
Executives should be mindful of the following:
k options. Stock options authorize the purchase of stock in the employer company over a set period of time for a designated price. Job candidates should research the details of the stock option grant and specific stock option plan. The candidate should request options under the most favorable exercise terms available. Also, ask for an accelerated vesting schedule. Vesting is the rate at which you are entitled to a larger percentage of those benefits when you leave the company (e.g., vest over 5 years, or 20% per year).
ions or retirement plans. Push for greater employer contributions or accelerated vesting adjustments to qualify for a pension. Older professionals should think about early retirement options in case a company reorganizes, downsizes, or goes through a merger or acquisition.
-compete clauses. These can restrict you from working for a competitor or company in a certain industry. Instead of a non-compete clause, professionals should ask whether a nondisclosure or non-solicitation clause will be enough. A nondisclosure forbids employees from divulging proprietary information to a third party without permission. A non-solicitation clause restricts employees from soliciting customers or employees from a former employer. Clarke says, "Focus on narrowing the scope of whatever you sign." Try to limit the agreement terms in length, geographic reach, definition of industry, work role, and prohibited work responsibilities. Consider consulting an attorney to know what you are signing.
rance packages. Most packages are given when an employee is let go (unless terminated "for cause", but professionals should negotiate for this compensation if they resign after a certain tenure of service or after a change in management because of an acquisition, merger, or divestiture ("change of control"). One should consider the importance of negotiating the severance amount, extended health benefits (COBRA), the payout of commissions, bonuses and vacation time, post-employment exercise period extensions for stock, or pension-vesting modifications.
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All businesses have to process payments to their vendors and suppliers.. The company has to look into the fact that high risk merchant account is being maintained and is being accessed properly so that there is no rise of problems. However, there are a few suggestions as to how you will maintain the payment processing of those accounts.
A few suggestions for high risk merchant account
You ought to start by monitoring an average amount of payment processed every month.. In case, you feel that there might be chances for you to exceed the processing limits, then call up the acquiring bank and inform them everything that they want to know.
There are companies, which are into processing good volumes of payments that are linked with multiple merchant accounts. This procedure actually brings an element of security to the process. .
If you wish to make any sudden change then the bank has to be intimated about it. .. If there are no such surprises, your payment processing will be conducted smoothly.
To avoid charge backs, ensure that you provide with great customer services. The idea is to build up good customer loyalty. Remember, everyone likes being treated well..
Make sure that you have copied the customer service number besides the name of the company on the billing descriptor. Now when a customer checks the credit card statements you would like that specific customer to call you with a question. Always make sure that you ought to make it smooth for your customers so that they feel at ease so that they can contact you anytime and work out a refund.
It is also easy to access offshore merchan
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