Have you landed your dream job? Are you all set to sign the dotted lines? Hold on for just a minute. You need to think beyond the salary package. While there is no doubt that salary is important, there are a few things that matter as much as, if not more, than how much you're going to earn.
Try to think beyond paying your monthly bills because the other aspects of your compensation package are important too. From employee benefits and perks to the non-tangible things, here are five things you should consider before accepting a job offer.
Working for a multi-national corporation is a lot different from working at a startup, just as working at a startup is a far cry from working at a non-profit organization. They have distinct environments and you need to decide which one you'd be comfortable in and where you'd be able to thrive. You don't want to be part of an environment that will make you miserable.
Having a great benefits package is more important than you think. Before signing your offer letter, enquire if your company offers dental, health, retirement and other benefits. Does your company have flexible spending plans? If they do, it means they are doing well financially. If a company doesn't offer a benefits package, more often than not it means that the company isn't doing well.
You'll be surprised how many new employees are declared redundant only a few weeks after they've been on the job. Before accepting a new position, ensure you are financially and contractually secure. Several industries are prone to making forced lay-offs because of which no job is 100 per cent secure. Take into consideration the state of the current economy and do some research into the financial wellness of the firm before accepting the offer.
Your dream job should not only entail a fabulous pay package, but also challenges that will stimulate your mind. If your dream job is to get money for sitting with your legs on your desk for the better part of the day, then this point is redundant. However, if you're looking for a job that will improve your professional skills and abilities, you need to consider if the job is challenging enough for you.
After you've taken into consideration all the above mentioned factors, take time to listen to what your gut is telling you. Ask yourself if the timing is right to take a new job. Reflect to find out what you felt like when you walked into the interview room. Were the people warm? Was it a friendly environment? Say yes to the opportunity only after your gut has given you the go ahead.
Consider these points to make a well-informed decision. If you're turning down an offer, do it gracefully so you don't burn bridges with a prospective employer.