“The board has met and we’d like to extend you an offer to join the company. We’ll send you all the details via email. We are excited to have you join us!”
If you get that phone call, what should you be thinking about? I compiled the best resources I found here. This is relevant for any job offer, but I’m particularly focused on offers to C-level executives and board members:
Due Diligence as a Team Member
Ready to join a new management team? Here’s how to do your due diligence first
Due Diligence as an Investor
You’re investing your time, reputation, network, and probably also capital. So I recommend use the framework of an investor:
Venture capital investing checklist
Due Diligence as a Board Member
Diligent.com’s Due Diligence Checklist for a Board of Directors
Due Diligence Check List for Board Directors
Interviewing
How Boards Interview CEO Candidates
Evaluating the Offer
How To Evaluate A Job Offer – Tips For Senior Managers And Executives
The Right Way to Evaluate a Job Offer
The Complete Guide to Evaluating a Job Offer
Negotiating the Offer
Practical Tactics to Negotiating Executive Employment Contracts
How to Negotiate Executive Employment Contracts
15 Rules for Negotiating a Job Offer
How to Evaluate, Accept, Reject, or Negotiate a Job Offer
As a benchmark, one academic study found that, “Outside replacement CEOs are typically paid 36% more than their predecessors”, reflecting the risk of an outsider taking on a new role.
Compensation Structure
Negotiating Key Terms in Your Next Executive Job Offer
Negotiating Employment with a Private Equity Firm – 7 Surprises to Expect
Executive Compensation & Severance
Interim CEO And Turnaround CEO Employment Agreements: Terms And Compensation
How will you be evaluated once on the job?
Assessing the CEO’s Performance
Compensation Benchmarks for Executives
Executive Compensation Benchmarking Tool
ERI’s Executive Compensation Assessor
Background: CEO Compensation Data Spotlight
Compensation Benchmarks for all personnel
Options
Joining An Early Stage Startup? Negotiate Your Equity And Salary With Stock Option Counsel Tips
Here’s How Startup Founders Should Offer Employee Equity
Private company stock option grants: a founder’s guide to who gets what, when
How to assign stock options in early-stage startups
Compensation and Benefits for Startup Companies
Any survey data on stock grants in private companies?
How does a private company decide on the size of a stock grant? Any data on grant sizes
How to Make Startup Stock Options a Better Deal for Employees
Introducing our guide to stock options for European entrepreneurs
A No B.S. Guide to Startup Stock Option Grants
Starting Work
How To Start Your New Job And Not Get Fired
Lastly, your future employer might want to read:
Board best practices in onboarding a new CEO
When Is an Outsider CEO a Good Choice?
Preparing to Fire an Executive (hopefully not with regards to you, but your predecessor)