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getting what you deserve Negotiating your employment contract/consultancy agreement DEBORAH CASALE

getting what you deserve Negotiating your employment contract/consultancy agreement DEBORAH CASALE ALEX KLEANTHOUS. What we are covering. Background Negotiating salary – practical tips Benefits Clauses to look out for in employment contracts Consultancy agreements Employment status

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getting what you deserve Negotiating your employment contract/consultancy agreement DEBORAH CASALE

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  1. getting what you deserve • Negotiating your employment contract/consultancy agreement • DEBORAH CASALE • ALEX KLEANTHOUS

  2. What we are covering • Background • Negotiating salary – practical tips • Benefits • Clauses to look out for in employment contracts • Consultancy agreements • Employment status • IR35

  3. Latest figures – The High Pay Commission • The gap between the average worker's wage and company directors has widened over the last three decades - some chief executive roles increasing by 4,000 per cent, while increase in wages for the average worker over the same period is only 300 per cent. • In 1979-1980 the boss of Barclays bank could expect to earn around £87,000, sixteen times what the average worker earned at the time. • Today, the CEO of Barclays earns nearly £4.5 million, over 160 times the average worker's salary. • The share of national income that the top 0.1 per cent earners take home each year is also rising, currently at 6 per cent. • This measure is predicted to rise to 14 per cent by 2035, a level not seen since the reign of Queen Victoria.

  4. Negotiating your salary –what are you worth? Do your research Determine your bottom line Negotiate upfront

  5. Benefits Bonuses – contractual or discretionary? Share plans and pensions are tax efficient benefits

  6. Typical terms to look out for • Notice provisions • Duties and job descriptions • Reporting lines • Mobility clauses

  7. Typical terms to look out for • Confidentiality • Intellectual property • Post-termination restrictions and enforceability • Jurisdiction

  8. Consultancy/contractor agreements • Employment status • Service companies • IR35

  9. Consultancy/contractor agreements • Fixed term contracts • Insurance policies • Intellectual property

  10. Consultancy/contractor agreements • Payment terms • Post-termination restrictions • Notice periods

  11. Visit www.gannons.co.uk for further information http://twitter.com/#!/gannons_law

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