The first of two guest articles on remuneration from executive recruitment firm Taylor Bennett
As executive search professionals, we regularly discuss remuneration with candidates and clients. A standard package for a head of IR will generally include basic salary, target bonus, pension contribution, private healthcare, holiday (typically 25 days, dependent on location) and a three-month notice period. A car allowance may also feature, but is essentially an addition to basic salary. Deferred compensation in the form of long-term incentives
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