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Forms of Compensation Other Than Salary

Ask also about a cost-of-living differential when you take a job in an area where living costs ire high. If your receipts show that rent in your previous dwelling was low, then your prospective employer may grant you a one-time payment of several thousand doUars. The money, which has an upper limit, represents the difference between your past and present rental costs. [Pg.256]

Before-tax profit increases to 3707 if the average annual price appreciation doubles to 14%. Anyone holding this kind of option stands only to profit, not to lose. If the stock fails to rise beyond the strike price, the options expire unused. [Pg.257]

Some employers operate employee stock ownership plans (esops). They guarantee to sell their own stock to their workers at a substantial discount, which can be as much as 15%. Purchases have a limit of 10% of annual salary. Appendix B notes 23 companies offering stock purchase plans. [Pg.257]

Suppose your spouse or fiance (e) is also a chemist looking or planning to look for a position at the same company where you are interviewing. Then, [Pg.257]

Solicit an exemption to a strict policy once you have a job offer in hand, when your bargaining position reaches its zenith of strength. [Pg.258]


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