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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 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 informationwww.gannons.co.uk http://twitter.com/#!/gannons_law


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