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Job decisions, mutual commitment, and golden parachutes
Subject:Job decisions, mutual commitment, and golden parachutes From:Mark Dempsey <mxd2 -at- osi -dot- com> To:"TECHWR-L, a list for all technical communication issues" <techwr-l -at- lists -dot- raycomm -dot- com> Date:Sat, 15 Apr 2000 06:40:31 -0700
I'm wondering what kinds of guarantees others have extorted..er, of
course I mean *requested* from employers. I'm considering accepting a
job that would require a move. Moving my family is not a trivial
exercise, and I'd like to ask for some kind of "buy-out" if things don't
work out. It's common for executives to have golden parachutes. It's
equally common for company acquisitions to wreak havoc with mere
employees.
Given that kind of uncertainty, and the difficulty of making this move,
what should I ask for? One suggestion I've heard is a guarantee of the
remainder of three years salary if I'm laid off during that period.
Should I have a similar penalty (or should my options just not vest)?
I welcome your suggestions...
Regards,
--
--Mark Dempsey
--Objective Systems Integrators Technical Publications
--110 Woodmere Rd. Folsom, CA 95630
--916.353.2400
