EVALUATE THE OFFER
These are the main things to consider when evaluating the job offer.
- Promotion opportunities
- Work schedule/overtime required
- Travel/relocation
- In-person/Remote/Hybrid role
- Training and on-boarding
- Organization’s management style
- Intellectual stimulation
- Diversity and Inclusivity
- Mission and Values
- Organization stability and financial standing
- History and reputation
- Organizational culture
- Community Involvement
- Professional Development
- Cost of living
- Transportation options
- Entertainment
- Safety
- Relocation Expenses/Assistance
- Entertainment
- Commuting time
Consider the benefits package and the salary growth potential within an organization. If the salary is lower than you expected, there may be room to negotiate. It is important not to accept or decline an offer based solely on the salary. Be sure to research the salary rate. CCO staff can help assist you in this process and answer questions you may have about salary negotiation.
Explore healthcare, dental, vision, retirement plans, childcare, and vacation/sick time (Paid Time Off- PTO) options. Make sure that your benefits package has coverage for the items that you need.
It is crucial for you to assess the cost of living for the area where the position is located, whether you can afford to accept a job based on your personal expenses and lifestyle. Identify what your wants are versus your needs. Create a budget that accounts for rent, student loan payments, and other expenses.
Many companies also offer prospective employees' equity as part of their compensation packages. This means having company ownership through stock options, Restrict Stock Units (RSUs) or other equity. If a job offer includes equity, it is important to evaluate this option, and even negotiate. See the following articles on How to Negotiate Equity in 9 Steps and Negotiating More Equity Shares in Lieu of Pay.