Employment

Executive Jobs: Executive Employment Contracts

June 23, 2008 – 12:02 pm
The competition between companies looking to hire talented executives is becoming fierce making the need for executive employment contracts critical. Executive employment contracts are agreements between the employer and employee stating exactly what kind of compensation the employee shall receive upon employment. Everything from stock option to tenure is stated in the contract.Historically there was never such a great need for the implementation of executive employment contracts. With little more than a handshake and a good luck sign, the fates of top-executives were sealed. In recent years, however, with the growing popularity of acquisitions and mergers, job security is becoming more and more a phenomenon. That is where executive employment contracts come in.A legally binding agreement will provide employees with peace of mind knowing that if they are laid off, they will be provided for with severance pay, stock options or other agreed upon compensation ...

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Executive Jobs: Executive Stock Options

June 22, 2008 – 12:02 pm
Whether offered in way of a golden parachute or as an incentive, executive stock options are commonly used as compensation and given to corporate executives. Historically, executive stock options were primarily offered to executives but over the years have transcended the ranks and are typically offered to other professionals within the company.When an executive is offered stock, it generally means that he or she has the opportunity to essentially own a piece of the company. By owning a bit of the company, executives can begin to feel as if they are a real part of the companys future and can be an active part in its success--they can see the fruits of their labor. Many times, when executives retire or are laid off, they have the option of selling the stock or keeping it.Executive Stock Options and FluctuationStock options are a great opportunity for executives and employees ...

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Executive Jobs: Chief Executive Job Descriptions

June 21, 2008 – 12:02 pm
Chief executive job descriptions should be taken very seriously. Leading the entire company, the Chief Executive Officer, also known as the CEO, is responsible for leading his or her team down the rocky path to financial success. For a qualified individual searching for a CEO position, paying close attention to Chief Executive job descriptions will indicate whether or not that person possesses the right qualities and experience needed for the job.Chief executive job descriptions vary. For a casino, the job description for the CEO may be vastly different from that of a CEO needed in the medical field. The distinction between the two could be minute or great. To better grasp the differences, it may be smart to solicit the help of a search firm. Instead of trying to figure out what an individual is qualified for, a recruiter can do all of the ...

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Executive Jobs: Executive Committee

June 20, 2008 – 12:02 pm
An executive committee is an elected committee put into place to oversee the practices and performance of a certain entity. To assure that a company and the individuals running it are doing so in an ethical and profitable manner, an executive committee will often meet throughout the year to assess performance of the executive staff as well as the company as a whole. Members of the committee can be selected several ways, but are typically chosen by the shareholders of a company or the companys executives.An executive committee will have the power to address problems within a company and suggest methods of securing a resolution. Committees will typically have a chairman or director who will dictate the meeting schedule and oversee the committee as a whole. Committees discuss a wide variety of issues concerning the company. Items on the agenda may be upcoming mergers or acquisitions. ...

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Executive Jobs: Executive Search Committee

June 19, 2008 – 12:02 pm
An executive search committee is a group of members formed to search for and recommend qualified individuals for open positions within a company. Positions that typically call for an executive search committee are that of Vice President, Director, President, and Dean. Because each of the positions holds such a high ranking and can influence the entire direction and vision of a company, its critical to have a search committee made up of executives with varying perspectives. Companies searching for lower level employees typically do not enlist a search committee but rather a recruiter.An executive search committee will normally consist of three to 10 members. The members will then interview qualified candidates, later deliberate with the entire committee to determine which individual fits their needs and requirements most perfectly and then make a recommendation to the specific department.Responsibilities of an Executive Search CommitteeThe executive search committee is ...

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