The job market is hot. Last week, the Bureau of Labor Statistics released the Job Openings and Labor Turnover Survey (JOLTS) report. In the month of December 2018, 7.3 million jobs were created – the most since the BLS started tracking this figure in 2000. In fact, 3.5 million workers voluntarily left their jobs to find new opportunities.
If you are one of the millions of people taking advantage of this crazy job market, remember this one thing: a job offer is more than a salary. Sure, a pay bump is nice! But there are so many other things to consider before pulling the trigger and accepting another opportunity. Here are three things to contemplate besides salary before accepting that enticing job offer.
Awesome! You received a job offer with an impressive salary. Everything looks great on paper, but have you ever stopped and thought how far that money will go in the city that you work in? The salary may seem beefy on paper, but if the cost of living is really high in your hometown, it may not go as far as you think.
Before accepting a new position, think about the cost of living. If you’re up for a relocation, consider the cost savings of moving to another city or state. Sure, your salary might be lower in a new city, but if the cost of living is substantially lower, you’ll end up with more money in your pocket in the long-run.
Work-life balance is becoming more and more important for many professionals. Many people are willing to sacrifice a larger salary for a better balance between work and life. The salary you are offered might sound fantastic, but if you are sacrificing time away from your family, friends, and yourself, you may want to rethink the opportunity.
Some people don’t mind working long hours or on the weekends. However, many people value their time away from work. Money isn’t always a fair tradeoff from your personal life.
I’m sure you’ve heard the expression “you can’t put a price on happiness.” And as cheesy as it sounds, you simply can’t put a price tag on how well your job fulfills you. Regardless of how much money you make, if you feel that you aren’t a great fit with your co-workers or your employer’s values, you probably won’t be excited to walk into work every day.
If you’re not passionate about your job or the company you work for, no amount of money will make you enjoy your job.
If you’re ready to make the leap, check out our jobs board. We have dozens of opportunities that may be a perfect fit for you!