Negotiating Senior Executive Contracts – Pitfalls And Tips

With bonus season behind us and restrictions beginning to lift, many people are beginning to rethink their career or plan their next job move. We are often approached by clients asking: "how do I negotiate my contract?" or "can I negotiate my contract?". At BDBF, as well as regularly negotiating exits, we are expert in providing bespoke and tailored advice to senior executives at the point of entering new employment contracts. BDBF Partner Paula Chan and Associate Blair Wassman offer some guidance below on negotiating your contract.

The first rule of negotiation: negotiate

Many believe employers will not deviate from their standard form contract, and as a result they simply accept the terms on offer. This can be the case, but it does not reflect our experience across the board. Many employers will welcome proposals and we often successfully negotiate more favourable terms for executives and professionals joining small and large organisations, including listed