Congratulations! You have just been offered the position of your dreams, but don’t forget to take some time to think about the details of the job before accepting the offer. Learning how to analyze job offers and ultimately how to negotiate salary and benefits will help you obtain the best possible opportunity for both you and the employer. What comes to mind when you are analyzing a job offer? Salary? Hours? Healthcare benefits? There are many different things to think about when analyzing a job offer, but this blog is going to focus on responsibilities, income, growth, happiness and teamwork. These steps of a job analysis should help you evaluate various features of the position and whether or not the job suits your lifestyle.
Be sure to review the job description and notes from the interview to see if the job duties are compatible with your personality. If you tend to be the quiet type, you may not want to accept a job that requires you to speak in front of people all day.
If relocation is part of the position, remember to do your research. Before saying ‘yes’ to the relocation, consider the new location’s cost of living, what you will be leaving behind, the cost of the move, the weather, etc.
Explore the financial benefits and expenses. Review the company’s benefits package and the cost of health insurance for yourself and possible your family. Investigate the cost of commuting, buying appropriate clothing for the position, social activity costs and other things that will cost you money.
Meet or connect with the people you will be working with, team members and your potential supervisors. Check out if your personalities will mesh together when working side by side. Imagine working under your supervisor and taking orders from him/her.
So remember, when you receive a job offer, it’s important to take the time to carefully evaluate the offer so you are making an educated decision to accept, or to reject, the offer. The last thing you want to do is to make a hasty decision that you will regret later on.
Also, as a new grad be sure to have a good understanding that you may have fewer opportunities to negotiate due your amount experience. As you gain professional experience and can demonstrate a positive work performance, your abilities to negotiate salary and other portions of a job offer will increase.
For more information and advice on how to analyze a job offer check out Career Services’ latest video blog Analyzing a Job Offer or find the information in the Get Hired Guide.