How to compare job offers that you have?

This could look like a wonderful issue to have from the outside. It’s a privilege to have many job opportunities to choose from, no matter what the job market looks like. However as you fret about the deals, zooming in on the specifics that don’t matter and feeling the urgency to act quickly, it can not seem that way to you.

Your first step is to get all deals in writing, if you have not already done so. It will base your next steps on how to choose between work opportunities and provide you with the data you need to make a decision. Here are a couple of steps to take to organize your thoughts and help you avoid making a decision you might regret once you have the offer documents.

1. Salary and Benefits
Money is definitely not your career’s be-all-end-all but you need to be honest with yourself about the kind of lifestyle you want to maintain in the long run. In reviewing all the elements of your work offer, be extremely thorough. To compare benefits such as phone subsidies, free dinners, holiday days, and pre-tax accounts, look beyond your base salary. These little things can seem small, but over time, they can add up to enormous amounts.

The one pit I see several individuals fall into is leaving for a marginal wage increase. These are all expenses that add up whether you have unpaid transition time, need a physical transfer or a longer commute, or have to work twice as hard to prove yourself.

2. Potential for Career Development
If in a couple of years you don’t want to look for a job again it’s important to consider the potential for future careers. To what degree does the organization seem interested in supporting your career growth? For instance, does it offer tuition reimbursement or opportunities for in-house training? Are there clear career paths for you to progress downwards?

Robust systems for career training say a lot about the ability of an employer to invest in you. It demonstrates that they see you as an asset and want you to be successful. This could carry more weight with you if you are starting a new career. Exposure to additional certifications and experience will easily track your career possibilities.

3. Learning and Development
Many individuals do not leave their jobs because they dislike them or because they want more money, but rather because of boredom, as seen in a recent Korn Ferry survey. It might be time for a change when your everyday life feels like “deja vu” and you have stopped learning something new. For many, this implies searching for a new job; it doesn’t have to, though. An honest conversation will help you find space for growth with your boss.

What’s crucial, even if it changes, is for you to have a career plan. In 10 years, where do you want to be and what are the talents and experiences that will help you get there? When you know that to achieve certain objectives, you will decide which alternative provides the path of least resistance.

4. Purpose and Culture Fit
You need a job you’re related to and to be a part of a culture where you feel secure bringing your entire self to work in order to be at your personal and professional best. I have found that in the tiniest items, cultures and ideals are best observed. The dress code, email etiquette, guest policies, or noise level of the company can seem trivial, but can also be clear indicators of whether you are correct about the company culture.

Writing or describing out the perfect work environment is the easiest way to test this. From there by recognizing the deal-breakers, nice-to-haves, and non-factors, break it down. Then use this to compare your current job situation and contrast it with your bid.

5. Balance
Although the balance between work and life is a work in progress for all of us, it is important to take a holistic view of your objectives. What else do you think is important? It is important to think about how your work fits in, whether it’s health and wellbeing, relationships, writing, hobbies, you name it. Will your current position provide you with ample room and time for the other areas that matter to you? Can you patch it if not, or is another work the better solution?

The real trick is to be entirely honest with yourself. Being convinced by what you can do or what people expect you to do is simple. So either, take stock of which of the above considerations matter most to you, and use that to maximize your option. The devil is in the details, really. Don’t forget to think about it carefully and in depth. Before you leap into a decision, think about the time to travel, the proximity to your interests and the time to prove yourself to a new group of people. You’ll make the right decision if you take your time and be intentional.

Check out my related post: Should you quit your job without a backup plan?

 

Interesting reads:

https://hbr.org/2017/04/a-scorecard-to-help-you-compare-two-jobs

https://www.glassdoor.com/blog/choosing-between-2-job-offers/

https://www.topresume.com/career-advice/how-to-choose-between-job-offers-the-essential-guide

How to Compare Competing Job Offers

https://www.kasasa.com/blog/work-life/comparing-two-job-offers

https://www.monster.com/career-advice/article/how-to-choose-between-two-jobs-0517

https://www.themuse.com/advice/how-to-compare-great-job-offer-with-your-current-job

https://www.mindtools.com/pages/article/evaluating-job-offer.htm


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