BUSINESSWEEK ONLINE : APRIL 19, 1999 ISSUE
COVER STORY

A Negotiator's View


Arthur Andersen consultant James Reda on how to hire a CEO:

-- Money is important, but it's not everything. The ideal candidate must have another reason to switch jobs. Be patient.

-- When bringing in a new hire, link the pay that mirrors what the exec is leaving behind--the ''make-whole''--to the achievement of specific goals. It's not a giveaway.



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