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Tuesday 06 October 2026 07:27:11 GMT
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None of these executive perks/terms mean what they sound like. Here’s the translation: Severance locked in before day one. Not negotiated on your way out when you have no leverage. A defined number written in while they still want you. At the executive level, commonly twelve to twenty four months of base and target bonus. Narrow Cause. Cause is the list of reasons they can end you and owe you nothing. Written loosely, it can include a missed target. Written narrowly, it covers documented misconduct or a material breach. Read that definition before you read the salary. It decides whether your severance is real. Good Reason. The clause almost nobody outside the C suite knows exists. You resign and still collect full severance if they materially change the job. Cut your pay. Strip your scope. Move who you report to. Without it, they can make the job unlivable until you quit, and quitting pays nothing. Ask for the triggers to be listed. Premiums through the severance window. Severance that ends your health coverage is a countdown. Ask them to carry premiums, or reimburse COBRA, for the full severance period. IP carve out. Standard language can assign the company anything you create while employed, sometimes including work on your own time and equipment. Newsletter, book, podcast, consulting practice. Get it named and excluded in writing. This is the one most people have already lost without knowing. Pre agreed reference. What gets said about you after you leave, agreed while everyone is still friendly. Paired with mutual non disparagement, so it binds them too. One note on timing. Cause, Good Reason, and the IP carve out move far more easily before the offer letter is drafted. Raise those three in the verbal conversation, not when the PDF arrives. #careergoals #careeradvice #careertok #careertips #careermode
None of these executive perks/terms mean what they sound like. Here’s the translation: Severance locked in before day one. Not negotiated on your way out when you have no leverage. A defined number written in while they still want you. At the executive level, commonly twelve to twenty four months of base and target bonus. Narrow Cause. Cause is the list of reasons they can end you and owe you nothing. Written loosely, it can include a missed target. Written narrowly, it covers documented misconduct or a material breach. Read that definition before you read the salary. It decides whether your severance is real. Good Reason. The clause almost nobody outside the C suite knows exists. You resign and still collect full severance if they materially change the job. Cut your pay. Strip your scope. Move who you report to. Without it, they can make the job unlivable until you quit, and quitting pays nothing. Ask for the triggers to be listed. Premiums through the severance window. Severance that ends your health coverage is a countdown. Ask them to carry premiums, or reimburse COBRA, for the full severance period. IP carve out. Standard language can assign the company anything you create while employed, sometimes including work on your own time and equipment. Newsletter, book, podcast, consulting practice. Get it named and excluded in writing. This is the one most people have already lost without knowing. Pre agreed reference. What gets said about you after you leave, agreed while everyone is still friendly. Paired with mutual non disparagement, so it binds them too. One note on timing. Cause, Good Reason, and the IP carve out move far more easily before the offer letter is drafted. Raise those three in the verbal conversation, not when the PDF arrives. #careergoals #careeradvice #careertok #careertips #careermode

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