Sunday, February 25

Evaluating the Offer on the Table

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In today’s competitive job market getting noticed by the employer or organization to warrant an interview call and then subsequently clearing the interview, resulting in an offer from the company should leave you elated. But beware that the first offer that you receive might not be the right one for you. You have to ensure that you fully understand the details of the contract before signing on the dotted line.

First thing to consider is whether the salary meets your expectations or not. If not, is it negotiable? Maybe the salary might not be negotiable but the perks that accompany the salary might be negotiable. Benefits such as starting date, vacation days, health allowance etc. might be negotiable. Therefore, it is extremely important that you have a clear understanding of what can be negotiated and what can’t be.

The second thing to consider is whether the company can offer you opportunities to advance in your line of work. The need to understand company’s policy on promotions and their criteria for raise has to be clearly understood only then will you be able to contemplate whether the offer on the table is worthwhile or not? It is very easy to lose sight of these variables as the initial euphoria of getting an offer often masks the need to address these questions.

You also need to consider the amount of travel involved from your home to the work place. What if you have to work from the client’s office? If extensive travelling is involved will you be given a travel allowance or not. Are you mentally prepared for such an arrangement or do you have something else in mind. Is this arrangement negotiable or not?

The need to understand all the variables before signing the contract is crucial to your chances of success in your job. Therefore, one must take their time in not only evaluating the offer on the table but also the far reaching implications the job might have on your career ahead. Once this is sorted out only then can you make the crucial decision of accepting the offer on the table.

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Editor-in-Chief|Business Analyst|Beta Gamma Sigma Member (An International Honour Society that recognizes those who distinguish themselves academically as the "Best in Business").

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