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Mary K. – $250K Base, $100K Signing Bonus, $200K Exit Bonus From Former Company, $500K Performance Bonus for previous year – Only 36 day Search

Here is a note from Bill Temple, Mary’s Campaign Director. Mary came to us as part of an outplacement package arranged with her current employer. Before she ever started with us, she was in discussions with XXXX for the President position of two different divisions.  Our approach in this instance was to work backwards and determine which offer provided the best opportunity in the short term, while completing the process to ensure that she would be ready for her next move, whether internal or external.

As she discussed these options with Bill, one key condition became clear: one of the positions would require her to start almost immediately.  The other offer would allow her to start at a later date.  This was critical point.  The key here was the severance agreement she had with her former employer. If she took the second offer, not only would she be eligible for her accrued bonuses, but her severance package would be paid out in full. The total additional value of the deferred start date, being offered by the second company, was upwards of $200K!

As the roles and responsibilities were very similar in nature, Mary accepted the offer to run the latter division.  SC&C is pleased to say that Mary also expressed the desire to continue to work with Bill

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