When it rains, it pours. Receiving multiple job offers at the same time puts you in a great position. But it also means having to decide which job is the right match for you. And it might not be apparent if you’ve only interviewed at places where you could see yourself building your career.
1. Make a List
Before your job hunt, make a list of non-negotiable items that you need to accept a job offer. This list will give you an opportunity to objectively look back and understand why certain benefits, compensation, or job environment are right for you. In the moment, it can be easy to compromise with an offer in front of you; but there is a reason that these sticking points are important to you.
2. Evaluate the Commute
Are you taking public transportation, riding a bike, or driving? How long are you willing spend on your daily commute? And what are you willing to pay? If your commute has you going in and out of a large city, public transport costs can run several hundred dollars per month. Or, if you’re driving, is parking included, or are you expected to pick up the cost? When all else is equal, factor in the commute to determine how valuable your time is.
3. Compare Health & Retirement Benefits
Don’t be afraid to ask to speak with HR to evaluate the health benefits or retirement plans. Know whether your health plans are paid by you, the company, or both. And evaluate things like deductibles, out-of-pocket costs, and the overall quality of the plans offered. Does the company offer a 401k and match it? Or will you need to put more money away to reach your retirement goals?
4. Company History
Dig into the company’s background to determine the stability and viability of the organization. If they are a startup, what type of funding have they received? How has it been used? The way in which bankruptcies, mergers, or re-organization have been handled can give you a clearer picture of how these events may be dealt with in the future.
5. Learning Opportunities
Is it important in your line of work to know the latest cutting-edge technology? Will you fall behind professionally if you take a higher paying job but aren’t learning new systems or techniques? If you are concerned that a job won’t provide you with the opportunities to learn and stay at the top of your field, add this to your list of must-haves.
6. Growth Opportunities
During the interview process, learn about how individuals have built their career path during their time at the company. Does your growth depend on someone else leaving the organization? What type of system is in place to ensure that you are challenged and working towards your own growth goals?
7. Evaluate the Perks & Benefits
From parental leave to paid vacation, look at your must-haves list to determine how these perks and benefits will impact your work-life balance or bottom line. If you are expected to be at the office late, will the company pay for a car service home? Does the company offer disability insurance or employee wellness benefits? How important are free catered lunches in your decision-making process?
8. Culture & Values
How do your values align with the organization? Do you feel that their mission and vision reflect what you respect and expect from a company? Look at how their mission and vision parallel their core values to decide if it is the right culture fit. Likewise, if you’ve had a chance to interview with your direct manager, consider the rapport that you built with them during that time.
9. Go with Your Gut
Take your time assessing all offers objectively – but also listen to your gut. Take a few days to consider what’s important to you, ask questions, and get clarification on anything in the offer that is nagging at you. Chances are, your gut is right if you have lingering hesitations.