Things to Consider Before Accepting a Job Offer

Landing a job that fits your style and is compatible with your values starts with a resume that effectively translates your skills and qualifications into writing. By possessing the right resume , you will attract the right employers suited for the career you are gunning for.

Crafting the right resume is not an easy undertaking, but with the proper guidance, it becomes effortless. But if you’re starting out your career, you need to start with a good resume too.  

Securing a job is one of the most significant accomplishments in the life of an adult. It gives the job seeker feelings of achievement, confidence, and value when you get that email saying, “Congratulations!” with a job offer attached, listing what you get in exchange for your services. 

Salary is the number one factor that candidates focus on when deciding whether they will accept a job offer. Fair enough. However, while one’s annual wage covers the basic expenses and bills, consider other factors that are equally as important before saying “yes” to the offer.

Baggage

Regardless of the job level or the industry your career is in, no job is perfect. All jobs come with baggage that can significantly affect your work performance and your life outside of it. Before jumping at the opportunity to accept the job offer, make sure you have a clear understanding of what the job comes with. You can 

Will you be working on the weekends? Are long work hours expected even though the job description states a 9–5 schedule? Will you be on-call 24/7? Will you be working with a department, or are you expected to tackle these responsibilities as a one-person entity? 

For finance positions, the main baggage is that you’re never fully off-duty. As an executive, being “on” 24/7, attending spur-of-the-moment meetings, answering off-duty phone calls, or even coming in to work last minute is a given. These are the heavier pieces of baggage; check what yours will entail. 

Clarity

Are the job responsibilities and expectations a good fit for you? Transparent and clear-cut standards expected in your new role should be defined before you sign on for that job offer. The last thing you need is an unexpected role or duty that wasn’t a part of what you signed up forliterally. Some job offers or descriptions may have a vague task such as “additional responsibilities as needed.” Get clarification on this and ask the hiring manager to spell it out for you in writing.

Environment & Culture

According to the Harvard Business Review, one of the main reasons for employee turnover is its environment and culture. Suppose there is a disconnect between the company’s work ethics, culture, and goals, and its employees’ beliefs and values. In that case, there’s a higher chance for a turnover or resignation from employees due to this incompatibility. 

Before you say “yes” to the offer, take the time to dig deep into the company’s environment and work culture. While you may have grazed the topic during your initial research for your job interview, revisit it more deeply before committing to the position. Try reaching out to a current employee to see if you can inquire about what it’s like working with that company, over coffee. 

Lifestyle Changes

Consider what responsibilities accompany the salary, especially if that number is six figures. Most applicants will think about how much they can do with that much income; however, the more money you’re offered, the more work you are likely to have.

With that responsibility, do a quick run-through of your life now and where you see yourself in five years: adopting a dog, getting married, having a family, travelling abroad two to three times a year? 

One of the most flexible and freeing jobs is a career in data science and programming. Individuals who pursue careers in this field are generally happier and satisfied due to its excellent pay, flexibility, level of autonomy, and ability to have a pretty solid work-life balance. 

These are pretty relevant factors in overall job satisfaction. Take these into consideration before you accept a job offer. Consider whether the new role will drastically hinder your current or planned lifestyle. Are you ready to make over your current situation to cater to your new job? Or will your new job keep you from fulfilling your lifestyle goals? 

Perks & Benefits

An employee’s motivating factor and a key to job satisfaction and employee retention involves the perks and added benefits provided by the company. Holidays? Overtime pay? Health insurance? Does the company offer duty meals or an office pantry with free coffee? It may seem trivial, but perks, incentives, and benefits help boost work morale, increase job satisfaction, and enable you to save hundreds of dollars yearly from buying coffee at the local coffee shop. Yes, even as something as simple as free-flowing coffee at work is a welcome perk! 

Stability

With today’s unemployment rate at an all-time high in decades, another factor to consider is whether the job and company are stable. 

A career in finance, such as accountancy, is proven to be a stable career path regardless of the career trends or economic situation. According to the Bureau of Labor Statistics, this career path’s unemployment rate is only at 1.4% compared to the service industry at a whopping 12%. The latter statistic is directly connected to the current pandemic, which has heavily affected the service and tourism industry. 

It may be too late to evaluate whether the path you have chosen is stable if there’s a job offer on the table. Instead, probe into the company’s stability. By checking its employee turnover rate and average tenure, you can get a good idea of the organisation’s stability. 

In essence, before you accept the job offer, get clear on whether you are willing to put yourself through the job expectations and demands in exchange for the offer they have laid out for you. Try not to focus on the salary alone, but instead look at the overall working package for that specific organisation. If this doesn’t work out for you, you can maintain professional friends for referrals to other jobs.  

If the above is still unclear, and the job is still a “yes” for you, except for one or two factors that you need to mull over, you can always negotiate and prepare a counteroffer.

Spread the love
  • 1
    Share

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.