While anyone fortunate enough to receive multiple job offers definitely has a good reason to smile, this situation still comes with its own set of challenges. This is your career you’re talking about, and the idea you made a wrong decision and missed out on the other opportunity can haunt you for years.
If you’re weighing two or more job offers, the best way to make an objective choice is to use a checklist that lets you compare the pros and cons of each offer.
Your decision will probably start with the biggest factor on the table: salary. By the time you have your job offers, you should already know exactly how much each company will be paying you.
Some things to remember:
Before you even get an offer, be sure to prepare a personal budget to ensure any salary figure you can expect to receive will actually let you meet your living expenses.
Make sure you know the average salary for the job you’re applying for. Sites like PayScale generate free salary range reports, which factor in your skills, experience and education.
2. Bonuses and Incentives
Aside from salary, some companies offer bonuses and perks as part of their compensation packages. Compare each employer’s offered incentives and bonuses to see which ones match your preferences and needs.
For example, while an employer offering a bonus of a few hundred dollars to your monthly salary may seem attractive, flextime or telecommuting might be more important, especially if you value spending more time with your family.
3. Regular Benefits
Standard benefits like health insurance, retirement plans, and dental and vision comprise a significant part of your compensation package. Regardless of whether a potential employer provides a total compensation statement to break down your benefits, you should still estimate their real-world value by looking at your possible monthly contribution relative to the benefits you get.
Perhaps one company’s health insurance plan lets you keep your doctor, while the other doesn’t. Likewise, one employer may offer better dental and vision benefits compared to the rest.
4. Corporate Culture
Given the amount of time we spend at work, it makes perfect sense to spend that time in a place you actually like. This is where corporate culture comes in.
Which company has a culture you actually believe in?
Which company’s mission and vision match your personal values?
How does each company define success?
What is the company’s management style?
There are no right or wrong answers here. After all, your ideal corporate culture depends entirely on your beliefs and needs.
Find Your Next Job With The Patriot Group
If you need further assistance in your job search, take advantage of The Patriot Group’s high-quality professional recruiting and placement services. Contact one of our top professional recruiters to learn more about how we can help you and your jobs search.