For many of us, negotiating our compensation package with a potential new employer can be a scary experience. In fact, almost 20% never negotiate their salaries. Fear and lack of confidence are the main reasons for not asking your real worth. But of the people who overcome their fear and do negotiate, many end up getting a bump close to 10%. So, learning to negotiate your compensation package is an important skill to learn.
In today’s competitive market for talent, many employers are offering attractive compensation and benefits packages. In addition to salary, bonus, and equity compensation, “softer” benefits like expanded maternity leave, flexible schedules, and wellness programs are becoming more common.
Are you planning a career change? Thinking of jumping to a competitor? Has a recruiter contacted you about a new job opportunity? If you answered yes to any of these questions, you will need to have a strategy in place to negotiate the best possible compensation package for yourself.
Today, more women are advancing to senior positions within the life sciences industry. Along with added responsibilities, senior executives usually receive stock options or other forms of equity compensation as part of their compensation packages. In this lunch program, financial advisor Beata Dragovics provides an overview of the various forms of equity compensation, along with current compensation trends within the life sciences industry. Attendees will learn how to optimize their equity compensation packages, with a particular focus on managing concentrated wealth. Other topics include the tax ramifications of exercising stock options, along with tactics for treating equity compensation as a vital piece of your overall financial plan.