A job offer is generally good news–and can appear especially enticing in a tight job market. But it is important to look beyond dollars and give careful thought and consideration to several factors before getting to “yes.”
Sharon Klopner, senior consultant at The Banker’s Group, a Chicago executive search firm, advises candidates to take a holistic approach to evaluating a potential opportunity. Her philosophy encompasses five key points:
“First, look at the organization itself. Is it successful? Can you buy into the company’s business model in terms of past performance and future plans?” Answers often can be gleaned from annual reports, news releases or the company’s Web site.
Second, investigate the potential for management mentoring. “Individuals who succeed within an organization have tended to benefit from quality management if not formal mentorship,” Klopner said.
During interviews with a potential supervisor, consider whether the individual is someone with whom you can develop a good work rapport. Further, is the person well-positioned within the organization, so that working with him or her can benefit your own career aspirations?
Naturally, it is important to analyze the position. Are the job responsibilities substantive enough to be rewarding? Will the move enhance your existing credentials and experience? Focus not only on the present opportunity but also the potential for growth and advancement.
Next, look at the culture of the organization. Consider the structure, work environment, hours, communication styles, even the organization’s industry and mission. Is the culture consistent with your values? Ask people at the company what attracted them to the organization and what challenges they’ve faced.
Finally, assuming the non-monetary aspects of the opportunity are acceptable, review the proposed salary and benefits. You want to be paid fairly, yet you also want to be realistic in your expectations, considering the economy and the type of organization.
Also ask about the frequency of salary reviews. Internet sites such as www.salary.com provide salary information for several professions.
Do not underestimate the value of benefits. Medical insurance and retirement plans add significant value to your base salary and also offer potential tax advantages.
Other valuable perks include bonuses, paid time off, tuition assistance, childcare facilities and flexible work schedules.
So yes, do look at the dollars. After all, jobs aren’t universally plentiful right now and we all have bills to pay. But also thoroughly assess whether an opportunity offers a good fit for you, your values and your career goals.
You spend a lot of time in your work environment. Why not do what you can to choose the right one?
