Senior management who weathered the recession are now in high demand. While their loyalty has been rewarded by continued employment, they should consider if now is the time for a new opportunity. When evaluating options, they should consider short-term incentives like salary and bonuses, long-term incentives like share options, and how their compensation compares to similar roles at other companies. Properly assessing all factors will help them determine if they should stay or pursue new opportunities using their experience and skills.

1. �50 insider OCTOBER 2015
Y
ou are a senior member of the man­
agement team and have weathered
the recession. Your loyalty and the
hours you have put in when times have got
tough have meant that your company has
invested in you and your development.
This, when combined with your experience
of bringing a company through the toughest
business environment on record, means you
are in a fantastic position. But should you
stay, or is now the time to go?
offering to entice you away from the comc=­
ny that has kept you on during recession?
Paul Turner, professor of management
practice at Leeds Beckett University, sug­
gests three things that should be consids-=-­
short-term incentives. long-term incentive;,
and external benchmarking. Salary come;,
first for short term, with bonuses also take­
as short term - while share options are
that must be considered longer term.
"The challenge is there are numerous
Demand for staff is growing; companies and numerous things to consider,"Turne·
need experienced people to take their says. "Whatever the consideration, indus:-_
business to the next level. So, as a valued benchmarking must underpin it"
employee what should your new employer be So for the individual and the company