When considering a job offer, it’s understandable that the starting salary usually gets top billing. Money matters, so make sure the offer is what you expected. It’s important to research salary ranges for the position you’re interviewing for so you’ll know an appropriate offer when you receive it.
But when weighing a job offer’s pros and cons, avoid focusing solely on the paycheck. Other factors should also be considered.
Health insurance is a hot topic these days and for good reason. A company’s health care package (out of pocket expenses, deductibles, etc.) can be just as important as the salary. What type of life insurance is offered? Find out details about retirement packages; even if you’re years away from the retirement age, planning starts now. More immediate information to consider might be the company’s vacation and sick time policies.
If you’ll be driving to work and travelling a long distance, a big chunk of your paycheck will go to the gas tank. Additionally, how bad is traffic during the hours you’ll be driving to and from work? If you are relying on public transportation, can you easily get to work or will you be required to change multiple bus routes?
How long is a typical work week? The job description may state 40 hours per week, but is it realistically 50 hours? If so, is overtime offered? An additional 10 hours per week may not look like much on paper, but can feel much longer each week in the office.
Perhaps the initial offer is slightly below your professional expectations. But is there opportunity to grow within this company? Are new hires promoted quickly? Have employees been with the company for a long time? Will you have the chance to attend seminars, conferences or continuing education events? A “yes” answer to any or all of these questions indicates the company’s commitment to its employees’ career development.
Fitting a square peg in a round hole is tough. If this analogy applies to how you might feel working in the company’s environment, give it serious thought. The flexibility and newness of a startup company, for example, is very different than the established procedures of a Fortune 500 company. If your previous office employed 10, how will you respond to now being one of 100? Take time to evaluate how the company culture fits your personality and preferences and what changes you’ll have to make – and are willing to make – to succeed.
Compatibility with your supervisor
Consider it a red flag if you aren’t given the chance to meet your prospective supervisor during the interview. If you’ll be working closely with this person, it’s important to learn if his or her managerial approach works with your work style.
Rapport with coworkers
You usually spend more time with coworkers than family. While you needn’t become best friends, you need to be able to work together to achieve workplace goals.
Receiving a job offer is exciting and wanting to accept the offer right away is normal. It’s important to fight that feeling and give the job offer serious consideration. Otherwise, you may likely find yourself job hunting again sooner rather than later if the new job isn’t a good fit.