How To Evaluate A New Job Before Accepting It
Okay, guys; let’s do something on jobs today. The fact that we encourage entrepreneurship does not mean that we are foolish enough to think that entrepreneurship is for everybody. Some must, as a matter of fact, work on jobs for other people. They should know how to evaluate a new job before accepting it.
If their jobs click on well because of careful evaluation, they will have to give out when the need for entrepreneurial ventures arise. Or simply put, they can just live a happier life and the society will be better off for it.
The good news is that with the technological improvements and everything that has happened in recent years, evaluating a job offer checklist or deciding between a job offer and the current job has become easier.
Unfortunately, some just don’t get a hang on it. Some come off as desperate and they just accept the offer without necessarily evaluating it.
Well, you just don’t have to that. There are so many things that can help you evaluate a new job offer before accepting it.
In this piece, I will be looking at what to consider before accepting a job offer so that you can be the best of yourself in the job and enjoy maximum utility from the job.
Tips On How To Evaluate A New Job Before Accepting It
Evaluate the compensation plan
You are going to work in a normal organization and not a charity organization. Therefore, you must look at what they are offering. It is not just about the money. Be careful not to be drawn into false conclusions because they are offering a higher amount. Don’t get it twisted, the money has to be good.
However, there are other factors that will make the money worth it. If they are not in place, then you may have a problem on your hands. You need to consider the environment, the working hours and other compensation plan issues before you accept the job.
Look into employee benefits and perks
To evaluate job offer salary, you need to critically look at the benefits accruing to the employees offered by the employers. You will need to analyze their health insurance packages, retirement plans, vacation, sick leave, and very importantly, their life and disability insurance package.
There is no rush. It is better late than never. Take out critically review these packages so that you can make an educated and informed decision.
Analyze their retirement plan
To evaluate a new job before accepting it, you must not forget the place of a good retirement plan in your decision. There are countless retirement plans but not all of them are created equal.
If the retirement is good, it can even be considered ahead of a higher salary. Well, that is if you intend to end your life working for another person. If you have any intentions of starting something for yourself, you may need to look at salary as the paramount thing.
Evaluate their stock options
If you are seeking how to evaluate a job opportunity or how to evaluate a job offer, you must not forget the place of the stock options. When you are considering the stock options, you are looking at the ability to buy shares of company stock by employees.
This is usually open in growth industries and they can be quite lucrative. You will need to understand how stock options work if you are going to consider it as an option in evaluating job offers.
Take more time to consider
Sometimes, you are faced with situations where you may have multiple job offers; you may make mistakes if you rush the decision on which you might want to accept. What you need is to take some to consider the conditions in each offer before you will make any decision.
Evaluate the negotiate salary option
Eventually, everything will come down to the salary. Therefore, you should make sure it is worth it. There are offers that don’t allow you to negotiate salaries and there are others that will you that privilege. Therefore, you should be able to evaluate the offers you are getting and see the one that gives you the option to negotiate your salary.
Evaluate the negotiate a counter offer option
One of the ways to evaluate a job offer before accepting it is to look at the ability to negotiate a counter offer. Some offers don’t give you any chance to negotiate. You are just meant to either accept what is on the table or you walk out of the door.
On the other hand, some will give you the opportunity to negotiate fresh terms and fresh offers.
Evaluate the business travel time needed
Some job offers will come with lots of business travel. Therefore, you must know everything about the business travel time and how convenient that will be for you. This will give you a preplanned job schedule and what to expect from the job before you accept it.
When to down a job offer
There is no law that says you cannot say no. you can turn down job offers if they don’t seem right to you. There are many factors that will affect that decision. It could be the salary, the company’s culture, the compensation plan or the employees’ benefits.
In conclusion, your job is meant to be a stepping stone to your entrepreneurial career and it should also be fulfilling. Make sure you pick the right one by knowing how to evaluate a new job before accepting it.