Selective Bargaining For the Executive

The season and setting are the same, a fine springmost certainly be a substantial salary hike for him,
evening outside the door of Mr. Young Executive'splus certain other unnamed benefits that they could
house. The time is different, however, and so is"work out" if Mr. Key were interested.
Young Executive. He is fifteen years older and fifteenHe doesn't realize it, but the advent of the
years wiser. His salary is now $180,000 a year.headhunter, her offer, and all that it implies, has just
The main change in Young Executive, however, isopened the door to a fruitful estate-building
that his name is different. In corporate circles he isopportunity for him.
known as Mr. Key Executive, a person whoseMr. Key is now in a bargaining position. Both
business acumen and devotion to his company makecompanies want him, and are willing to negotiate with
him a valued asset. As Mr. Key, he is no longerhim for additional benefits that will secure his services
merely a hired man. He has become a valued partnerand his loyalties. Most corporations regard these
in the corporation, in spirit if not in fact. He is aadditional benefits as inducements and incentives for
decision maker, a planner, and a member of thekey employees. They realize that people like Mr. Key
corporate management team, performing many ofare hard to come by, that they devote all their time
the functions that the old-time individual businessand energy to their work, often to the neglect of
owner used to perform.their own financial problems. They know that they
Corporation Americana wants to hang on to its Mr.must help Mr. Key make up for that neglect by
Key. He is one of the important people on the teamoffering special opportunities to ensure the financial
that makes the profits. They would like to build asecurity of Mr. Key and his family. They know an
fence around him, if that were possible, to keep himunworried executive can concentrate on the
from straying down the street to a competitor.company's needs instead of diverting his time and
By a not-so-odd coincidence, this is exactly what Mr.attention to his own financial concerns.
Key is thinking of doing on this very spring evening.These additional benefits, if Mr. Key bargains well and
He is returning from a most interesting meeting withwisely for them, will provide him with a custom-made
a person known in the higher-echelon circles heprogram of capital accumulation that can be keyed to
frequents as a headhunter, a person who specializesthe rest of his estate plan and to his regular
in finding top executives for her corporate clients.compensation package. Its long-range benefits may
The most likely place to find such top executives is inbe worth far more than a mere salary raise.
other corporations.The companies will make offers, undoubtedly. But if
This particular "headhunter" has just "found" Mr. Key.Mr. Key is to drive a good bargain, he must not only
The client in question is Corporation GlobalBiz:listen to offers; he should also make proposals of his
powerful, big and successful, just like Mr. Key's ownown. To do that, he needs to analyze two important
Corporation Americana. Mr. Key got the idea, althoughfactors: his own needs and the range of possible
no precise terms were discussed, that there wouldbenefits open to him.