Evaluating A Job Offer

Once you receive a job offer, you are faced with athat are growing rapidly.
difficult decision and must evaluate the offer carefully.Nature of the job. Even if everything else about the
Fortunately, most organizations will not expect youjob is attractive, you will be unhappy if you dislike the
to accept or reject an offer immediately.day-to-day work. Determining in advance whether
There are many issues to consider when assessing ayou will like the work may be difficult. However, the
job offer. Will the organization be a good place tomore you find out about the job before accepting or
work? Will the job be interesting? Are thererejecting the offer, the more likely you are to make
opportunities for advancement? Is the salary fair?the right choice. Actually working in the industry and,
Does the employer offer good benefits? If you haveif possible, for the company would provide
not already figured out exactly what you want, theconsiderable insight. You can gain work experience
following discussion may help you to develop a set ofthrough part-time, temporary, or summer jobs, or
criteria for judging job offers, whether you arethrough internship or work-study programs while in
starting a career, reentering the labor force after aschool, all of which can lead to permanent job offers.
long absence, or planning a career change.Where is the job located?
The organization. Background information on anIf the job is in another section of the country, you
organization can help you to decide whether it is aneed to consider the cost of living, the availability of
good place for you to work. Factors to considerhousing and transportation, and the quality of
include the organizations business or activity, financialeducational and recreational facilities in that section of
condition, age, size, and location.the country. Even if the job location is in your area,
You generally can get background information on anyou should consider the time and expense of
organization, particularly a large organization, on itscommuting.
Internet site or by telephoning its public relationsDoes the work match your interests and make good
office. A public companys annual report to theuse of your skills?
stockholders tells about its corporate philosophy,The duties and responsibilities of the job should be
history, products or services, goals, and financialexplained in enough detail to answer this question.
status. Most government agencies can furnish reportsHow important is the job in this company?
that describe their programs and missions. PressAn explanation of where you fit in the organization
releases, company newsletters or magazines, andand how you are supposed to contribute to its
recruitment brochures also can be useful. Ask theoverall objectives should give you an idea of the jobs
organization for any other items that might interest aimportance.
prospective employee. If possible, speak to currentAre you comfortable with the hours?
or former employees of the organization.Most jobs involve regular hoursfor example, 40 hours
Background information on the organization may bea week, during the day, Monday through Friday.
available at your public or school library. If you cannotOther jobs require night, weekend, or holiday work.
get an annual report, check the library for referenceIn addition, some jobs routinely require overtime to
directories that may provide basic facts about themeet deadlines or sales or production goals, or to
company, such as earnings, products and services,better serve customers. Consider the effect that the
and number of employees. Some directories widelywork hours will have on your personal life.
available in libraries either in print or as onlineHow long do most people who enter this job stay
databases include:with the company?
* Dun & Bradstreets Million Dollar DirectoryHigh turnover can mean dissatisfaction with the
* Standard and Poors Register of Corporationsnature of the work or something else about the job.
* Mergents Industrial Review (formerly MoodysOpportunities offered by employers. A good job
Industrial Manual)offers you opportunities to learn new skills, increase
* Thomas Register of American Manufacturersyour earnings, and rise to positions of greater
* Wards Business Directoryauthority, responsibility, and prestige. A lack of
Stories about an organization in magazines andopportunities can dampen interest in the work and
newspapers can tell a great deal about its successes,result in frustration and boredom.
failures, and plans for the future. You can identifyThe company should have a training plan for you.
articles on a company by looking under its name inWhat valuable new skills does the company plan to
periodical or computerized indexes in libraries.teach you?
However, it probably will not be useful to look backThe employer should give you some idea of
more than 2 or 3 yearspromotion possibilities within the organization. What is
The library also may have government publicationsthe next step on the career ladder? If you have to
that present projections of growth for the industry inwait for a job to become vacant before you can be
which the organization is classified. Long-termpromoted, how long does this usually take? When
projections of employment and output for detailedopportunities for advancement do arise, will you
industries, covering the entire U.S. economy, arecompete with applicants from outside the company?
developed by the Bureau of Labor Statistics andCan you apply for jobs for which you qualify
revised every 2 years. See the November 2005elsewhere within the organization, or is mobility within
Monthly Labor Review for the most recentthe firm limited?
projections, covering the 2004-14 period, on theSalaries and benefits. ait for the employer to
Internet at: Trade magazines also may include articlesintroduce these subjects. Some companies will not
on the trends for specific industries.talk about pay until they have decided to hire you. In
Career centers at colleges and universities oftenorder to know if their offer is reasonable, you need
have information on employers that is not available ina rough estimate of what the job should pay. You
libraries. Ask a career center representative how tomay have to go to several sources for this
find out about a particular organization.information. Try to find family, friends, or
Does the organizations business or activity matchacquaintances who recently were hired in similar jobs.
your own interests and beliefs?Ask your teachers and the staff in placement offices
It is easier to apply yourself to the work if you areabout starting pay for graduates with your
enthusiastic about what the organization does.qualifications. Help-wanted ads in newspapers
How will the size of the organization affect you?sometimes give salary ranges for similar positions.
Large firms generally offer a greater variety ofCheck the library or your schools career center for
training programs and career paths, more managerialsalary surveys such as those conducted by the
levels for advancement, and better employeeNational Association of Colleges and Employers or
benefits than do small firms. Large employers alsovarious professional associations.
may have more advanced technologies. However,If you are considering the salary and benefits for a
many jobs in large firms tend to be highly specialized.job in another geographic area, make allowances for
Jobs in small firms may offer broader authority anddifferences in the cost of living, which may be
responsibility, a closer working relationship with topsignificantly higher in a large metropolitan area than in
management, and a chance to clearly see youra smaller city, town, or rural area.
contribution to the success of the organization.You also should learn the organizations policy
Should you work for a relatively new organization orregarding overtime. Depending on the job, you may
one that is well established?or may not be exempt from laws requiring the
New businesses have a high failure rate, but foremployer to compensate you for overtime. Find out
many people, the excitement of helping to create ahow many hours you will be expected to work each
company and the potential for sharing in its successweek and whether you receive overtime pay or
more than offset the risk of job loss. However, itcompensatory time off for working more than the
may be just as exciting and rewarding to work for aspecified number of hours in a week.
young firm that already has a foothold on success.Also take into account that the starting salary is just
Does it make a difference if the company is privatethatthe start. Your salary should be reviewed on a
or public?regular basis; many organizations do it every year.
An individual or a family may control a privatelyHow much can you expect to earn after 1, 2, or 3 or
owned company and key jobs may be reserved formore years? An employer cannot be specific about
relatives and friends. A board of directors responsiblethe amount of pay if it includes commissions and
to the stockholders controls a publicly ownedbonuses.
company and key jobs usually are open to anyone.Benefits also can add a lot to your base pay, but
Is the organization in an industry with favorablethey vary widely. Find out exactly what the benefit
long-term prospects?package includes and how much of the cost you
The most successful firms tend to be in industriesmust bear.