You are working as a consultant to Chris, who needs your advice on deciding which of two
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Question:
You are working as a consultant to Chris, who needs your advice on deciding which of two offers to accept. Chris is currently employed as Senior VP, Information Systems, for a mid-size company based in New York City. Chris is looking to move into a CIO role. Chris is married with two children (ages 13 and 16). Chris's spouse is employed as a senior curator of paintings and sculpture at the Museum of Modern Art. Chris has a low- to medium-risk tolerance. Chris prefers a social culture with a focus on collaboration.
Instructions:
- You will use the Total Compensation Calculator website to complete the quiz.
- Enter the data below into the fields provided in the Total Compensation Calculator.
- Identify the total compensation of the two offers using the information provided.
Offer A: Dallas | Offer B: London |
Young company that just completed IPO | Well-established, privately held company |
Innovative culture where creative initiative and deviation from standard procedure are encouraged | Traditional culture with clearly defined roles and relationships among the workers |
Base Salary: 225,000 dollars | Base Salary: 145,000 pounds (assume exchange rate of 1 British Pound =1.55 US Dollar) |
Performance Bonus Opportunity: 60% of base | Performance Bonus Opportunity: 50% of base |
Number of Shares Granted: 5,000 | Number of Shares Granted: 0 |
Preferred Price: $10 | Preferred Price: N/A |
Strike Price of Options: $20 | Strike Price of O |
Question:
How did the two jobs compare?
Which job would you choose and why?
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