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Congratulations!
You've completed the interviewing process and now comes the
hard part...deciding which offer you want to accept!
No
two offers are alike, so there's no "right" way to evaluate
a job offer. Money is only one aspect of your evaluation process.
Even a high-paying job can be less advantageous than you think.
There are many other factors to take into account when making
your decision. It really is important for you to get a clear
understanding of your total compensation package. This means
more than just your base salary. You should weigh other important
factors such as: career advancement, stability of the company,
lifestyle and corporate culture, commute and benefits package.
Keep these points in mind when making your decision.
Company
Growth & Direction
Two
of your most important concerns should be career growth and
stability of employment. When it comes to your future these
concerns are valid. Research the following:
-
Is the company currently pursuing any new endeavors?
- Are
there any plans for mergers or acquisitions on the table?
- What
market does the company anticipate developing?
- What
is the typical career path from your offered position?
- What
about lateral moves into other areas of the business?
Corporate
Culture
Working conditions should be of interest to you. You should
be interested in a company that provides a comfortable and
relaxed working environment. When it comes to corporate culture,
research the following questions when evaluating your job
offer:
- What's
the company's Mission Statement?
- How
does the reporting structure work?
- What
types of community activities is the company involved with?
- Is
the company committed to diversity? Work/Life balance?
- Does
the dress code reflect the company's environment?
Benefits
Package
It
is very important for you to do research on the company's
total benefits package. This will give you an idea of how
valuable the benefits are and knowledge of the benefits options
available. You should also find out how much you will be expected
to pay for these benefits. The following is a listing of the
most commonly available benefits that are important to know
when evaluating your job offer:
- Medical
Insurance
- Life
Insurance
- Short
or long term disability
- 401k
- Sick
Pay
- Vacation
and Holiday Pay
- Dental/Vision
Insurance
- Family
Care Initiatives
- Tuition
Reimbursement
-
Paid/Unpaid Leaves
- Employee
Stock Purchase Plan
- Stock
Options
Questions
To Ask Yourself Before Accepting A Job Offer
- Do
I want to relocate?
- What
level of responsibility will I have?
- Training,
is it initial or is it ongoing?
- What's
the cost of living in the company's geographical location?
- Are
there any "hidden" expenses (i.e., will I have to pay to
park)?
- Will
I fit into the company's culture?
Your
concern with accepting the right offer is understandable.
You have already worked hard to accomplish the challenge of
graduating from college and you should be very proud of yourself.
Once you make your decision, you'll be relieved and excited!
Now you can focus on enjoying the rest of your senior year
and get ready for your new career!!!
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