What Are The Most Important Factors You Will Use To Decide Which Job You Accept

8 Criteria for Evaluating a Job Offer - Look Before You Leap

Carefully weigh upwardly whether to accept a new job offering.

Congratulations – you got the job! Yous feel excited, relieved and proud of yourself. And so yous should. You've been offered a task that y'all really wanted.

But before you phone call to accept, accept a minute to re-read the offer alphabetic character. This time you discover that, although the salary is satisfactory, the company's pension contributions are lower than you first idea. You'll as well be expected to travel overseas for "8 or more than days per calendar month" – more than yous had predictable. And yous notice out that your line director will be the one person who y'all didn't "connect" with during your interview.

Later that twenty-four hour period, you lot see on the news that the company's share prices have dropped. Suddenly, you lot experience uncertainty creeping in. Maybe it's not the job for you later all.

The proficient news is that you stopped to think nearly your job offer earlier y'all accepted it. Non everyone does!

According to recent information compiled by the U.S. government, the boilerplate baby boomer changes jobs 11.seven times during his or her career – that's a lot of chore offers. Despite this, author John Lees found that many people spend longer researching their vacations than they practice evaluating their job offers.

For many of usa, a task isn't just a chore – information technology's our career. It's where we spend most of our time and, if we're lucky, it'southward our passion. So, it makes sense to objectively evaluate whatever chore offers that we receive, even if our initial reaction is to reach for the phone and gleefully have.

This commodity will explore the eight key criteria that you should consider when evaluating a chore offer.

Why You lot Should Look Before Y'all Spring

Any your circumstances, and however desperate or excited you may feel, it pays to resist the urge to take the first chore offer that comes your way. You should consider whatsoever propositions that you lot receive carefully.

Many important things rely on yous securing the right job – your happiness, relationships, career prospects and progression, self-confidence, well-existence, and health, to proper name just a few. What if you lot make the incorrect selection? You might become stuck in a chore that you don't really want, regretting that you never took the time to consider it properly.

Requite yourself time to evaluate a chore offering objectively and thoroughly, and politely request a minimum of two days to decide whether it'south actually the chore for you. At the same fourth dimension, recall to be realistic – the offering may not be perfect, and y'all may have to compromise on sure elements of the chore – but your ultimate goal is to progress, and improve on your current position.

A good starting point is to evaluate your job offering against these 8 criteria:

i. Research Your Prospective Employer

Your prospective employer has worked hard to assess your suitability for the job. But have you thought about whether information technology is suitable for you lot?

Take some time to "play detective" earlier y'all accept the offering, and investigate whether the organization is the correct fit for you. Social media is an excellent source of data, specially if yous want to appraise public opinion of the organization. Read comments about the company on social networking sites or check out any current news stories about information technology. Meliorate still, talk to someone who already works at that place.

Endeavor to gather as much data as you can about the organization's people, its reputation, values, working environment, and culture, and about your potential boss'southward direction style. Could you lot fit in seamlessly or would it exist a culture daze? Would you exist proud to say that you piece of work there?

Some other skilful place to look is the company's near recent almanac report or its quarterly SEC filing. Hither yous can find a wealth of information virtually its activities – from current projects and profiles of its directors, to corporate values and financial accounts. Scan through the company's financial reports from the last few years, paying detail attention to its revenue and profitability, to guess whether it's nether whatsoever financial force per unit area or if layoffs may exist imminent.

Try to observe out how stable the company is, what its market position is, and what its hereafter prospects are. You may not accept a crystal ball, only you'll want to feel confident that the organization you lot're joining isn't nigh to go bust.

2. Salary

Many people see bacon as the fundamental factor when they're deciding whether to accept a job offer.

Merely yous need to evaluate how much your skills and feel are really worth before you take the salary that you've been offered. Websites such as vault and glassdoor can give you a good idea of the boilerplate salary bands within your industry, position, location, and company.

Information technology's also important to consider your future prospects. The salary on offer might be suitable for now but, without guaranteed annual cost-of-living increases, your income could diminish in real terms over time. If you've been offered a commission-based bacon, are the bonus structures realistic? Information technology might exist worth request your prospective employer how ofttimes people reach their targets, or whether there are whatever clauses relating to the bonus construction.

3. Benefits and Perks

Benefits can make upwards a substantial clamper of your bounty package then it'southward worth assessing this function of your contract advisedly, every bit their value is often less obvious than the value of the salary.

The bacon that you've been offered might exist higher than your current one, only if your employer'due south retirement plan contributions are lower, you could be worse off in the long term. On the flip-side, a generous benefits package and retirement plan tin can brand up for a lower salary.

Benefits and perks differ from company to company so, if details of your package aren't included in your offer letter of the alphabet, enquire to encounter a full listing of the contract terms. Find out what benefits you'll exist eligible for (and when), and assess their value for you.

You lot might want to consider the following questions when assessing the value of your benefits package:

Exit – What's the vacation and sickness allowance?
Health Saving Account contributions – What are the premiums? Is dental and ophthalmic cover included? When will y'all be eligible?
Stock – What stock options are available? Are stock units given as part of a bonus or practice you have to exist working at the organization for a certain length of time before you are eligible?
Tuition reimbursement – Volition the employer cover your tuition fees if you decide to enroll on relevant paid educational courses?
Incentives – Is the incentive scheme based on personal achievements or the company's wider performance?
Insurance – What insurance plans are offered? How much will they cost?
Pension – What contributions volition the company brand?
Profit sharing – Is there a program to give employees a share of the company's profits?
Use of a company car, cellphone or figurer – Are these provided? If and then, will these expenses be tax refundable?
Other perks – Are any additional benefits offered, for example gym membership, daycare, travel costs, sabbaticals, etc?

four. Savings and Expenses

1 of the biggest expenses to consider when evaluating a job offer is your commute. Will your travel costs increase or decrease?

If the position isn't flexible, your new task might require y'all to movement business firm. If this is the case, you lot'll need to take relocation costs, changes to your property and taxes, and changes to your insurance rates into business relationship.

Sometimes we forget virtually the subconscious costs of a new chore offering – a new wardrobe, for example, or insurance cover (if you lot aren't yet eligible for the company insurance program). If you're working from dwelling, volition the organization provide y'all with decent equipment?

v. Time

The amount of time that your new job will take up (across core hours) can be hard to judge. It might be worth talking to someone who has a similar function in the visitor to try to understand what workload y'all may exist expected to have on or how much overtime you may take to work.

If you're paid past the 60 minutes, you might welcome the opportunity to work extra time. Merely if you receive a salary, yous may end upward resenting working for a company that expects you to put in 12 hours a day merely only pays you lot for eight. If overtime is a regular expectation, it could fifty-fifty mean that you end upwardly getting paid less per hour than you do in your current chore.

The time it takes to travel to your new task is as well an of import consideration, particularly if it's a long or difficult commute. How much of the 24-hour interval volition your new journey take up? How reliable is the transport that yous'll employ? Remember that a lengthy commute might be bearable when you're 25, just it can become a burden when you're 60.

half-dozen. Career Path

Getting a new task might be your priority right now, but you even so demand to think carefully about how it will impact your long-term career prospects.

If you accept a job offer on impulse and it doesn't work out, you might end upwardly desperate to leave. Repeat the same mistake again, and you could observe that your résumé becomes littered with several curt-lived jobs. This could make y'all look unreliable to potential employers, leading y'all even further away from your chosen career path.

If information technology's the piece of work itself or the potential career progression on offer that appeals to you – rather than the bacon or the benefits – and so information technology's especially of import to consider how the job will serve you and bring you closer to achieving your career goals. Ask yourself whether information technology volition challenge you, expose y'all to new experiences, and enable you to grow.

seven. Research the Office

Read the job description and person specification once more. You need to feel confident that the work itself is something that you lot desire to do, and that it will give yous satisfaction.

It'due south besides important to be sure of exactly what will be expected of you, and that those expectations are realistic. If the job specification seems too long or too short, or if it doesn't friction match up to the job championship, you might need to become back to the HR section for further clarification.

Tip:

If you're concerned that your skills might not match those listed on the job specification, it might be worth conveying out a Personal SWOT Assay to assess how well your cognition and experience align with the role requirements. If you feel that y'all oversold your abilities in the interview, yous could current of air up disappointing your boss, missing targets and feeling stressed. Conversely, if you've undersold them, you could become bored and frustrated.

8. Your Values

Take some time to recollect virtually your personal values and those of the arrangement. What qualities are of import to you lot in a prospective employer? Do your values align with the company's? Perhaps you believe passionately in working for a company that has a good ecology record or that works closely with certain charities. Is your prospective employer active in supporting the causes that matter most to you?

Nigh companies provide data nigh their vision, values and principles on their website. It might too be a good idea to check out the organization's corporate social responsibility (CSR) report, which outlines what it's doing to maintain its values. Y'all can unremarkably download these from companies' websites.

If you nevertheless have any questions concerning the visitor'southward values later receiving a job offer, now'southward the time to raise them with HR.

Making Your Decision

One time you've finished evaluating your chore offer, information technology's time to brand your decision.

Some offers are simply too proficient to refuse. The pros outweigh the cons, and the new role volition provide career progression in the areas that matter to yous. If this is the case for yous, accepting the task might but be the right way to go.

Sometimes, even so, the role might feel like the right fit, but the offer isn't what you'd hoped for, or a few of the contract terms business organization you lot. In this case, some negotiation might exist in order. People tin often be put off negotiating because they fear that their job offer will be retracted but, if your request is reasonable and the visitor has room for maneuver, yous could find yourself in a meliorate position than you were originally.

If, afterwards weighing everything up, the offer still doesn't match your expectations, the best decision is probably to turn information technology down. Remember to exercise so politely. It's always a good idea to stay on proficient terms – another chore might come up with the system in the future that is correct for you.

Sometimes, all the same, you might not have the luxury of existence able to say no. If this is the case, consider seeking out alternative options, such as temporary work, or accepting the job while you go on to expect for a function that better suits your long-term career goals.

Tip one:

Beware of "playing hard ball" with a potential employer. Although negotiation can ofttimes be productive, request for too much can backfire if yous aren't conscientious. Make sure that your requests are reasonable, particularly when it comes to your salary expectations.

Tip ii:

Keep the viii evaluation criteria covered in this article in mind equally you go through the interview process. Be observant when y'all're on the company's bounds, and so that you tin can gauge the "mood" of the people who you meet, and whether you'd piece of work well with them. Ask intelligent questions about the eight criteria listed above at appropriate times during the interview process (although questions almost the packet might exist best kept until afterward – yous don't desire to seem as if yous are simply interested in the coin).

Key Points

The excitement and relief that we feel when nosotros receive a job offer can mean that nosotros are often also quick to accept. But the risks of proverb "yes" to a chore that yous're not suited to, or that could end up serving you lot desperately, might result in you lot straying from your chosen career path.

It'due south wise to take the fourth dimension to objectively assess a job offering, and whether information technology really suits you and your long-term career goals. Remember to wait beyond the salary, check through the terms of the offer thoroughly, and appraise how the job will touch your life beyond work. Also consider the company's civilisation and its values.

Once you've evaluated your job offer thoroughly, you will exist in a much ameliorate position to judge whether you should accept the job, try to negotiate a better bargain, or reject the offering completely.

What Are The Most Important Factors You Will Use To Decide Which Job You Accept,

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What Are The Most Important Factors You Will Use To Decide Which Job You Accept