How to succeed in your career


Evaluating A Job Offer

Once you receive a job offer, you are facedfavorable  long-term  prospects?
with a difficult decision and must evaluate
the offer carefully. Fortunately, mostThe most successful firms tend to be in
organizations will not expect you to acceptindustries  that  are  growing  rapidly.
or  reject  an  offer  immediately.
Nature of the job. Even if everything else
There are many issues to consider whenabout the job is attractive, you will be
assessing a job offer. Will the organizationunhappy if you dislike the day-to-day work.
be a good place to work? Will the job beDetermining in advance whether you will like
interesting? Are there opportunities forthe work may be difficult. However, the more
advancement? Is the salary fair? Does theyou find out about the job before accepting
employer offer good benefits? If you have notor rejecting the offer, the more likely you
already figured out exactly what you want,are to make the right choice. Actually
the following discussion may help you toworking in the industry and, if possible, for
develop a set of criteria for judging jobthe company would provide considerable
offers, whether you are starting a career,insight. You can gain work experience through
reentering the labor force after a longpart-time, temporary, or summer jobs, or
absence,  or  planning  a  career  change.through internship or work-study programs
while in school, all of which can lead to
The organization. Background information onpermanent  job  offers.
an organization can help you to decide
whether it is a good place for you to work.Where  is  the  job  located?
Factors to consider include the organizations
business or activity, financial condition,If the job is in another section of the
age,  size,  and  location.country, you need to consider the cost of
living, the availability of housing and
You generally can get background informationtransportation, and the quality of
on an organization, particularly a largeeducational and recreational facilities in
organization, on its Internet site or bythat section of the country. Even if the job
telephoning its public relations office. Alocation is in your area, you should consider
public companys annual report to thethe  time  and  expense  of  commuting.
stockholders tells about its corporate
philosophy, history, products or services,Does the work match your interests and make
goals, and financial status. Most governmentgood  use  of  your  skills?
agencies can furnish reports that describe
their programs and missions. Press releases,The duties and responsibilities of the job
company newsletters or magazines, andshould be explained in enough detail to
recruitment brochures also can be useful. Askanswer  this  question.
the organization for any other items that
might interest a prospective employee. IfHow  important  is  the  job in this company?
possible, speak to current or former
employees  of  the  organization.An explanation of where you fit in the
organization and how you are supposed to
Background information on the organizationcontribute to its overall objectives should
may be available at your public or schoolgive  you  an  idea  of  the jobs importance.
library. If you cannot get an annual report,
check the library for reference directoriesAre  you  comfortable  with  the  hours?
that may provide basic facts about the
company, such as earnings, products andMost jobs involve regular hoursfor example,
services, and number of employees. Some40 hours a week, during the day, Monday
directories widely available in librariesthrough Friday. Other jobs require night,
either in print or as online databasesweekend, or holiday work. In addition, some
include:jobs routinely require overtime to meet
deadlines or sales or production goals, or to
*  Dun & Bradstreets Million Dollar Directorybetter serve customers. Consider the effect
that the work hours will have on your
* Standard and Poors Register of Corporationspersonal  life.
* Mergents Industrial Review (formerly MoodysHow long do most people who enter this job
Industrial  Manual)stay  with  the  company?
*  Thomas  Register of American ManufacturersHigh turnover can mean dissatisfaction with
the nature of the work or something else
*  Wards  Business  Directoryabout  the  job.
Stories about an organization in magazinesOpportunities offered by employers. A good
and newspapers can tell a great deal aboutjob offers you opportunities to learn new
its successes, failures, and plans for theskills, increase your earnings, and rise to
future. You can identify articles on apositions of greater authority,
company by looking under its name inresponsibility, and prestige. A lack of
periodical or computerized indexes inopportunities can dampen interest in the work
libraries. However, it probably will not beand  result  in  frustration  and  boredom.
useful  to  look  back more than 2 or 3 years
The company should have a training plan for
The library also may have governmentyou. What valuable new skills does the
publications that present projections ofcompany  plan  to  teach  you?
growth for the industry in which the
organization is classified. Long-termThe employer should give you some idea of
projections of employment and output forpromotion possibilities within the
detailed industries, covering the entire U.S.organization. What is the next step on the
economy, are developed by the Bureau of Laborcareer ladder? If you have to wait for a job
Statistics and revised every 2 years. See theto become vacant before you can be promoted,
November 2005 Monthly Labor Review for thehow long does this usually take? When
most recent projections, covering the 2004-14opportunities for advancement do arise, will
period, on the Internet at: Trade magazinesyou compete with applicants from outside the
also may include articles on the trends forcompany? Can you apply for jobs for which you
specific  industries.qualify elsewhere within the organization, or
is  mobility  within  the  firm  limited?
Career centers at colleges and universities
often have information on employers that isSalaries and benefits. ait for the employer
not available in libraries. Ask a careerto introduce these subjects. Some companies
center representative how to find out about awill not talk about pay until they have
particular  organization.decided to hire you. In order to know if
their offer is reasonable, you need a rough
Does the organizations business or activityestimate of what the job should pay. You may
match  your  own  interests  and  beliefs?have to go to several sources for this
information. Try to find family, friends, or
It is easier to apply yourself to the work ifacquaintances who recently were hired in
you are enthusiastic about what thesimilar jobs. Ask your teachers and the staff
organization  does.in placement offices about starting pay for
graduates with your qualifications.
How will the size of the organization affectHelp-wanted ads in newspapers sometimes give
you?salary ranges for similar positions. Check
the library or your schools career center for
Large firms generally offer a greater varietysalary surveys such as those conducted by the
of training programs and career paths, moreNational Association of Colleges and
managerial levels for advancement, and betterEmployers or various professional
employee benefits than do small firms. Largeassociations.
employers also may have more advanced
technologies. However, many jobs in largeIf you are considering the salary and
firms  tend  to  be  highly  specialized.benefits for a job in another geographic
area, make allowances for differences in the
Jobs in small firms may offer broadercost of living, which may be significantly
authority and responsibility, a closerhigher in a large metropolitan area than in a
working relationship with top management, andsmaller  city,  town,  or  rural  area.
a chance to clearly see your contribution to
the  success  of  the  organization.You also should learn the organizations
policy regarding overtime. Depending on the
Should you work for a relatively newjob, you may or may not be exempt from laws
organization or one that is well established?requiring the employer to compensate you for
overtime. Find out how many hours you will be
New businesses have a high failure rate, butexpected to work each week and whether you
for many people, the excitement of helping toreceive overtime pay or compensatory time off
create a company and the potential forfor working more than the specified number of
sharing in its success more than offset thehours  in  a  week.
risk of job loss. However, it may be just as
exciting and rewarding to work for a youngAlso take into account that the starting
firm  that already has a foothold on success.salary is just thatthe start. Your salary
should be reviewed on a regular basis; many
Does it make a difference if the company isorganizations do it every year. How much can
private  or  public?you expect to earn after 1, 2, or 3 or more
years? An employer cannot be specific about
An individual or a family may control athe amount of pay if it includes commissions
privately owned company and key jobs may beand  bonuses.
reserved for relatives and friends. A board
of directors responsible to the stockholdersBenefits also can add a lot to your base pay,
controls a publicly owned company and keybut they vary widely. Find out exactly what
jobs  usually  are  open  to  anyone.the benefit package includes and how much of
the cost you must bear.
Is the organization in an industry with



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