How To Evaluate a Job Offer

5 Mar

Article Title: How To Evaluate a Job Offer
Author Byline: Anna Mathieu. Anna Mathieu’s experience as a recruiter and as a seasoned sales & marketing professional give her a winning perspective on communicating Redfish’s specialized recruiting services. Her evangelization and branding continue to drive bottom line results.
Author Website: http://www.redfishtech.com/about_us/anna_mathieu.php

Congratulations! You’ve received a job offer. Now what?

First of all, ask yourself if you want this job. Hopefully you spent the time up front to evaluate the company and the position prior to pursuing it. Sometimes things happen faster than you expect and you haven’t fully explored the opportunity. There are a lot of important aspects to research and consider when you are evaluating an employment opportunity. The more you know before the offer, the better position you’ll be in.

A company’s values, vision and corporate culture are going to fundamentally affect you on a daily basis. Does the company you are evaluating motivate and speak to you? Do you feel like it will be a fit with your personality and work style? Just as dating someone with a fundamentally different belief system would be a great challenge, so will working for a company where you do not buy into the mission and vision.

What about the size and hierarchy of the company? Are you more apt to want to wear several hats and take broad responsibilities? Do you want a close working relationship with top management and the ability to see the impacts of your personal contribution? If so, a smaller company may offer you the best fit. Are you focused on training or mentoring programs and a clear career path? Do you have specialized skills that you want to focus on specific endeavors? If so, a larger company may be for you.

Location, hours, and flexibility are also important considerations. If you have to relocate, you’ll want to evaluate the area, cost of living, housing options, and community amenities. Will you need to commute? If so what are the costs and time required? Is there flexibility in terms of hours worked in order to avoid traffic? Can you work remotely for some portion of the week? Will the position require travel?

The company’s background and tenure can be discovered via press releases, newsletters, and annual reports. Take the time to inquire about the company by tapping into professional networks, alumni career offices, current employees, and even competitors. Conduct a search on the internet or pick up the phone and ask the front desk who you might speak with. You’ll want to consider the company’s products & services, market position, industry, age, size, employee turnover, and financial condition.

Now back to that offer you received, is the compensation package in line with expectations? Is the salary competitive? What is the overtime or compensated time off policy? What are the benefits? What does the overall package entail? How does the compensation package compare to the industry? Again, the more research you’ve done upfront, the better you can evaluate the terms you are being offered.

The bottom line probably does not boil down to one number. Salaries may be structured to offer an equity piece or bonuses. Flexibility, training programs, promotion opportunities, salary/performance review, vacation, insurance and other perks are an important part of the overall remuneration you will be receiving.

If you choose to negotiate the pay or benefits, the more research you have done, the better you can present your case. There are many sources for salary information by industry and role such as salary surveys by professional associations, the National Association of Colleges, and websites like Indeed and Monster, or the Bureau of Labor Statistics. Speaking with people in your professional network within the industry, consulting employment ads, and discussions with external recruiters can give you a lot of insight into the current compensation trends.

Finally, remember that a written offer letter is often regarded as a contract from a legal standpoint. It is important then that this offer covers any aspects that are important to you and reflects the conversations that lead up to it. If official company policies are codified, ask for a copy to review.

Typically you only have a couple days to review and accept a job offer. Be prepared, know what is realistic as well as what you want and where you have room to negotiate. Good luck in your new job!

Article courtesy of the Recruiting Blogswap, a content exchange service sponsored by CollegeRecruiter.com, a leading site for college students looking for internships and recent graduates searching for entry level jobs and other career opportunities.

Hunt or be Hunted – The Job Search Jungle

27 Feb

Article Title: Hunt or be Hunted – The Job Search Jungle
Author Byline: CareerAlley
Author Website: http://CareerAlley.com

The person who gets the farthest is generally the one who is willing to do and dare. The sure-thing boat never gets far from shore.” – Dale Carnegie

You are out for a walk in a National Park and suddenly you realize you are being stalked by an animal. You hear the sounds of branches snapping, some guttural growls but you don’t really see what is hunting you. Sounds ominous, but it is a jungle out there (although you are not likely to be eaten in a job hunt). And, you’ve probably been on both sides of the job hunt (hunting and hunted). Being hunted is a nice position to be in, where people are seeking you while you are not seriously looking for a job. My rule of thumb, even if I’m not looking for a job, is to always listen to the opportunity and, if you are interested, take it to it’s logical conclusion. You never know who you will meet and you never know how it will turn out. Of course, when you are on the job hunt, you are in control but you never know when you will land your trophy job. Today’s post is all about being hunted, what you need to consider and how you should respond (scared yet?).

  • Being Headhunted: 5 Ways to Cope with Being Approached by Other Employers – If you’ve ever wondered how to cope with being “hunted”, this article gives a good overview of what you should consider. All of the suggestions are worth reading, but “Do not be flattered” is really important. If you decide to make a job move as a result of being “hunted”, make sure you’ve considered everything (and read this article).
  • Has Your Head Been Hunted Lately? Working with Recruiters in Your Job Search – This article is from career-magic.com and focuses on the recruiter side of the equation. The article describes different types of recruiters (including reputable recruiters). The old “80/20” rule is mentioned (that is, only 20% of jobs are placed via recruiters) and the article suggests that you should work with several recruiters given the limited number of jobs any one recruiter may have.
  • 10 Secrets to Getting Yourself Headhunted – Sometimes you are hunted “out of the blue” and sometimes you want to be hunted. This article, from theundercoverrecruiter.com, covers 10 tips for “getting yourself hunted”. Some good tips, many of which you would use if you are actively looking for a job. There is a subtle difference between actively looking and “making yourself available”, this article focuses on the later. Whatever your preference, this article is worth a read.
  • Nine ways recruiters find you – Posted on the Microsoftjobsblog.com, this article is chock filled with great advice and related embedded links. Not surprisingly, the first tip is using the Microsoft Corporate job site and this is a great place to start. Other tips cover the usual time tested techniques (such as social networking) but also provides additional information (such as checking your privacy settings) to help in your search.
  • Want To Be Recruited Through LinkedIn? Don’t Make These Profile ErrorsLinkedIn has changed the job search (and job hunt) game. If you are not already on LinkedIn, what are you waiting for? If you want to be job hunted, this article will help you leverage LinkedIn in the right way. There is some really good advice in this article, from “brand-focusing” yourself to balancing how much of your resume is listed in your profile. While you are on the site, take a look at some of the other resources.

Good luck in your search.

Article courtesy of the Recruiting Blogswap, a content exchange service sponsored by CollegeRecruiter.com, a leading site for college students looking for internships and recent graduates searching for entry level jobs and other career opportunities.