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Evaluating Job Offers
You've just been offered a job, now what? Evaluating an offer to make sure it is the right job for you is important. Besides the salary, there are many things to consider before you accept a job offer, such as career growth, networking and gaining experience. Remember that one job can lead to another opportunity in the future.
What to consider when evaluating an offer:
- is the job content or nature of work something you want to do
- is the work environment and location acceptable to you
- does the salary and benefits (medical, dental, retirement, vacation, etc.) meet your needs
- is the typical work week and hours per day acceptable to you
- does the employer offer training or tuition assistance programs to employees
- does the employer offer opportunities to advance on the job
- are there employee groups at work that you may be interested in joining
Tips to remember:
- know what the typical salary range is for the job (salary range information is available through the internet, Bureau of Labor Statistics, trade magazines)
- develop a monthly budget listing all of your real and anticipated expenses to figure out what your salary requirement is
- benefits an employer offers can add as much as 30-40% to your actual salary
- you do not need to accept any offer immediately, you can ask the employer for a little time to carefully think about the offer before you make your decision
In addition to salary, an employer may offer:
- medical insurance
- dental insurance
- retirement plan, pension, 401K
- tuition assistance
- vacation, holiday, personal time off
- sick leave
- relocation expenses
- company car
- stock purchases
- bonus
- flexible work schedule
- child care reimbursement or service
- membership in professional associations and related travel