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You’ve done it! Well, not quite. You’re received the job offer you
wanted, or even several job offers that you had set your heart on
but the task in hand is only half completed. Now you have to weigh
up the pros and cons and decide what’s right for you.
This is a difficult
decision and you must evaluate the offer very carefully. Most companies
will give you time to consider their offer, so time is on your hands.
There is no need to rush into any hasty decisions that you might
regret.
At this stage
you have several issues to consider. Probably the best place to
start is with the basics. Is it a good place to work? Is it the
job you were after, and will it be fulfilling? Are there any opportunities
for promotion and personal development? Does the salary match your
expectations? Are there any perks to the job?
Especially when
considering a number of job offers the following guide will inform
you of the criteria by which you must judge the offers you have,
at any stage of your career.
What is the
company like, will you fit in?
It makes sense
to find out as much information about the company as you can. You
will have already researched the company to a certain degree when
preparing for your interviews. Now you need to delve a little deeper
and consider several important factors.
The criteria should
incorporate the company’s financial situation, age, size, history,
corporate philosophy and goals.
The best ways
of doing this would be to either contact the company direct, and
maybe speak with their public relations office, or go to the company’s
website where a lot of the information will be available.
Ideally you should
try and get a copy of the company’s annual report, any press releases,
and company publications.
It would also
be wise to search for any recent news or feature articles on the
company.
The next sensible
step would be to speak to any past, or most ideally present employees
of the company, who can tell you more about what it is really like
to work there.
Once you feel
satisfied that you have thoroughly researched the company you should
ask yourself the following questions:
- Does the
company’s philosophy and business interests match my own?
It will be far
easier to dedicate yourself to your position at the new company
if you are enthusiastic about the organisation and where it is heading.
- Will I feel
cocooned and overwhelmed by the size of the company?
There are benefits
for working for a smaller company and there are benefits for working
for a larger company. In the larger firms you will generally feel
like a small piece in a large puzzle but you will also be given
a far wider level of training and development programs, a more determined
career path, better employee benefits and probably better technology
due to size and spend.
However in a smaller
company you are more likely to be given greater responsibility faster,
you will have far more exposure and day-to-day dealings with senior
management, and you will be able to see your results far quicker.
- But I have
2 offers, one from a large but relatively new firm and one from
a large well-established corporate?
It is no secret
that many new businesses have a high burn-rate and therefore fail.
But getting involved in something new is always a challenge and
certainly will provide you with the experience that you crave for.
But remember that there are also younger companies that have already
had success out there.
- What is
the state of the industry I am choosing?
Think hard if you
are entering a different industry. By now you really should have
your finger on the pulse of the climate of that industry and if
it is struggling then it might be time to rethink.
- What about
the job itself?
The day-to-day
nature of our jobs is crucial to whether we succeed or fail. If
you think that you would struggle or be bored then stop and rethink.
However, the more
you find out about the job before accepting or rejecting the offer,
the more likely you are to make the right choice.
- Will I be
required to relocate?
If the job requires you to move to another part of the country then
there are so many things that you need to be considering at this
stage.
What about the change in the cost of living,
the cost and time of travel/public transport, the house prices,
and the choice of schools and recreational facilities.
- Does the work match my interests
and make good use of my current skills?
The duties and responsibilities of the job should be explained in
enough detail to answer this question. Will you be bored? Are you
basically overqualified for the position?
- Will this position make me more or
less important than the job I held in my last company?
This is something that you will have to discuss with
the company, they should gladly ask any queries relating to this.
- Will the hours be something that
I am used to?
Most jobs involve regular hours—for example, 9am to
5.30/6pm, Monday to Friday. Some jobs will need to you to work weekends
and will not offer as much holiday time as you may have been used
to. Some jobs will require you to work nights in order to meet deadlines.
You will have to think carefully whether
the change in hours is going to have a detrimental effect on your
life orr even your family life.
- Who did the job before me?
Why did they leave?
Maybe this is a redundant role and turnover has been
exceptionally high, if so, why?
- What does the offer really
hold for me?
Ideally the position should offer you the
chance to improve your skills, better pay, chance to enter management
opportunities. Think hard about these factors, because the chances
are that if these are not offered you will soon become bored disheartened
or find yourself looking for a new job.
Enquire about the training plan that the
company has in place for you, if it doesn’t then when can you expect
to have one. What are the skills that you will learn?
Some idea of your progression within the
company should have been indicated to you at interview. Has this
changed? Where do you stand? How long before you can see yourself
on a higher rung on the career ladder?
How does this process work within the company?
- What about my salary, my pension,
my healthcare, my car?
By the time you have the job offer on the
table you should really know what salary you can expect. You should
really do some research into what people in similar sized companies,
in the same area and in similar positions are earning.
The best way to do this is too look at
jobs that are advertised on Jobsite or in the employment pages
of local and national newspapers.
Are you moving to a different area of the
country? If this is the case then you should then bear in mind living
and travel costs.
Bear in mind that you will get pay reviews.
But how often? And how is that reviewed? Also bear in mind what
perks you have and then bear in mind which costs come back to you
and what are the tax issues involved?
Accepting the offer is something that you
should not rush into, but there is one thing worth considering at
this point. Why not ask to see them again? This will enable you
to iron out any problems that you have at this stage and it also
allows them to answer any questions that you have that need clearing
up.
FINAL CHECKLISTS:
The starting salary
Review times for salary
Start date
Do you have any holiday outstanding at
your previous position?
Benefits such as: private health insurance,
pension contribution, season ticket loan, and company car.
Where do you fit in? Who do you report
to? How much freedom will you be entitled to?
(ALL OF THESE SHOULD BE OPEN TO NEGOTIATION)
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