Factors to Consider Before Accepting a Job Offer
Wollborg Michelson Recruiting
A Finance Recruitment Agency Connecting Businesses With Top Talent, and Job Seekers with Cutting-Edge Companies.
So, you have soared through the interviews and are looking at the offer letter. While how much money they are offering is an important factor, you don't want to overlook these considerations:
Salary and Benefits Package
Base pay is typically the primary consideration when evaluating a job offer. But before you jump at the first offer, consider where you live and your overall financial needs. Your expected commute should also be considered. You can negotiate a higher rate if your role is multi-functional and requires quick turnarounds. Added stresses are leverage for negotiating a better?compensation package.
How far is your commute? Is there a reimbursement for transportation? Or if this role will require travel, will there be reimbursement offered or another type of coverage??
Benefits must be assessed as well. Benefits include health insurance, vacation pay, sick pay, floating holidays, bereavement leave, and childcare packages. What benefits matter most for your lifestyle?
Consider Your Lifestyle
Consider your current lifestyle and your desired lifestyle for the next year. Do you want your evenings available for date nights with your spouse? Or maybe you want to keep your weekends open for spontaneous day trips with your friends or volunteer work in your community. Think about your lifestyle and how your vocation will affect your schedule.?Is this a good next step in your career?
Will this job prepare you for your long-term goals? Maybe it's not the high-paying tech job you're working towards, but it's a data entry job that will teach you the basics of SQL or Python. Will this contribute to your overall goal?
Think about the skills you are lacking. Will this role stretch you in those weak areas? Are there software or programs you're interested in mastering? How will you practice in this role?
领英推荐
Related Resource: Workplace Burnout
Company's Reputation
Turnover rate is not exactly a point of discussion the hiring manager will gladly offer up. But there are slick ways of getting that information. A simple company name search on LinkedIn will reveal the current workforce at that company. Browse through the profiles to see what the average seniority rate is. If most of the managers and directors have only been there for 2-3 years, and the individual contributors even less, that's a sign that the company has a revolving door of employees. It could be an economic downturn, unforeseen circumstances(a recent pandemic), or poor management.?Figure out which is the case and make the decision that works for you.
Related Resource:?Creating a Culture of Inclusion
How involved is the company in its community? Do they have any outreach initiatives? Do they participate in any sponsorships? What businesses spend their money on reflects what they value (more than the core principles page on their website). See how their values align with yours.
Related Resource:?Why More people Are Considering Admin Roles During the Recession
Are there networking opportunities? Many companies send their employees to seminars, conferences, and informational interviews or host happy hour meet-ups or ice cream socials for organic connections to form. The best networking is not when you are on the job hunt but when you are not. Networking opportunities may help you:
These are factors to consider before accepting the offer letter. There are more components to an offer letter than the base pay. Think about your lifestyle, career goals, areas of weakness, and networking opportunities. And always remember that negotiating is an option if an aspect of the offer letter needs to be aligned with your needs. You are in the driver's seat.?