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Getting what you deserve Negotiating your employment contract/consultancy agreement DEBORAH CASALE ALEX KLEANTHOUS.

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Presentation on theme: "Getting what you deserve Negotiating your employment contract/consultancy agreement DEBORAH CASALE ALEX KLEANTHOUS."— Presentation transcript:

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 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 for further informationwww.gannons.co.uk


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