Money on the table: Why executives in transition should think twice before accepting their next job

Executive Financial Coach Chuck Steege and Executive Employment Agreement Specialist Tony Koester show job changers how to avoid becoming a case history gone wrong in a new webinar scheduled for July 21, 2010.
By: John Drachman, Advisolocity
 
July 16, 2010 - PRLog -- DOYLESTOWN, PA (May 6, 2010) From health care and manufacturing to finance and retail, pockets of senior executive hiring activity are being seen around the Northeast, according to Charles "Chuck" Steege, CFP®, executive financial coach.

“For executives who had been lying low during the retrenchment and layoffs of 2009, 2010 may represent a chance to better their position if they have been feeling stuck,” Mr. Steege said recently.

Psychologically, the lure of the new for a senior executive is powerful, he noted. “A bigger salary, a higher position and new reporting relationship,” he continued, “may offer powerful draws to an executive who has been frustrated and restless.”

Faced with all of these incentives to move, Mr. Steege’s clients are being told that they should, well, take a deep breath and think. “Here’s why,” he added. “While the heart may be shouting ‘move now,’ it is important to make sure the head is also asking ‘how good a deal is this new job, really?’”

With colleague Tony Koester, employment agreement specialist, Mr. Steege is taking a message of caution to eager, job-changing senior executives in their first webinar together:  “Congratulations on your new job (…And why you should think twice before leaving your old job)” on July 21.

“I have seen too many situations that went south,” Mr. Koester said. “Senior executives on the move put their careers in potential peril if they neglect asking questions like these: ‘Are my job responsibilities and reporting relationship reflected in my new contract? Does my new employer face regulatory, shareholder and compensation committee constraints that could affect my decision to accept?’”

Executives who wish to never leave money "on the table" again are invited to participate in Mr. Steege’s and Mr. Koester’s webinar, “Congratulations on your new job (…And why you should think twice before leaving your old job).”

Interested individuals are invited to sign up for the noon, half-hour event on July 21 @ https://www1.gotomeeting.com/register/146688105
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Source:John Drachman, Advisolocity
Email:***@advisolocity.com Email Verified
Tags:Executive Compensation, Performance Shares, Chuck Steege, Financial Plan
Industry:Services, Research
Location:Framingham - Massachusetts - United States
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