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Offer Letter: 8 Things to Consider Before Accepting a Job Offer

offer letter

It’s very exciting when you receive an offer letter! Especially after all the hard work you’ve done to get to this point. But… The stress isn’t over with yet. Before accepting a job offer, you want to ensure it’s something that’s good for you and your family, as well as the one you deserve. You worked extremely hard to find a new job that you love and that rewards you. By considering these eight things before you accept an offer, it’ll help you ensure that this is the right move for you!

Job responsibilities and expectations

Make sure you read over what is expected of you. Do you have to work odd hours? Is overtime required? Will your schedule vary? These are all important things to know before accepting an offer that looks great but may end up being more than you bargained for.

Relocation

Do they have a relocation package? If you must relocate, you may receive some sort of a relocation package. If you don’t, that may be a huge decider on whether this is the right position for you. But if they are willing to give you one, this can be a big sigh of relief and help make the transition to a new town a lot easier. This especially comes into play when you have a family. Relocating can be hard. But if you have a great company that is willing to help you through it because they want you as part of their team, it makes it easier.

Employee benefits

Employee benefits are crucial but can also be a place to negotiate if they can’t budge on the salary. Knowing how many days you have off, whether they have sick leave, and what kind of insurance they offer are all important to know before saying yes. This position may have seemed perfect while interviewing but checking it on paper will really prove if it is or not. Good benefits will keep good employees at the company and not make them look for a better one after only a couple of years.

Retirement

Do they have a retirement package? A 401(k) or stocks can be a great advantage to you as an employee because having your company support your retirement during your tenure with them shows their appreciation. If retirement is a needed thing for you, you’ll need to look at this section carefully.

Salary

You can always try and negotiate. Nothing is set in stone until you sign the offer letter. So, if you feel your experience and skills deserve more, ask. The worst thing they can say is no but they most likely will try and work with you to see what else they can do to make you 100 percent on board with their offer.

Counteroffer?

What to do when you receive a counteroffer from your current employer can sometimes be difficult. If it’s only about the money for you then you’ll probably take it. But if you were looking for a job for genuine reasons, it will be an easy decision. You started looking because you wanted a change. The reason for that may be amicable or not, but now is your time to choose what you really want to do. Look deep into why you started to look for a new job in the first place. It’s important to be respectful, but if you’re looking for something different than your current company, a counteroffer won’t change that.

Culture Fit

Before diving in and signing your offer letter, think back to your interview. Did you feel good there? Was it an experience that may have been hard, but you felt accepted and a part of the team? Culture fit is essential when considering an offer letter. If you don’t like the people, the atmosphere, or your higher-ups, you may not be the right fit for the job, even if you like the position.

Now it’s time to accept or decline the offer

Depending on these topics we discussed above, it’s now time to determine whether you’re ready to accept or decline. After going through these points, it will be clearer on which route you’re ready to take. In other words, this will help you not regret your decision later. Again, receiving a job offer is amazing, but make sure you’re taking the right one for you.

You’ll always be able to find another position, even if that means you must be on the job market a little longer than you’d like. Don’t accept an offer that you aren’t fully on board with because you’ll only end up back on the job market sooner than later. And by going through these steps, you’ll be able to ensure if accepting this offer is the right career move!

offer letter

How to Prevent Your Offer Letter from Getting Pulled

offer letter

You’ve worked effortlessly in order to take the next step in your career. You polished your resume, interviewed until your brain melted and face hurt from smiling, and finally received the offer letter you have been waiting for. Now you can let down your hair and just bide time until the start date that you agreed upon, right? Not so fast!

No matter how hard you work for a career opportunity, there are some things that could tank your plans. Of all of them, one often overlooked item that trickles to the top of the list is your activity on social media. Yes, there is a thing called free speech, but there is also a thing called culture fit in an organization. And if an employer gets the impression that you could be a train wreck, you may find that your ‘candid’ posts could result in an employer saying never mind.

A good example of this is Harvard University recently reported having pulled at least 10 offer letters for would-be students activity on social media. While this may not have been a job offer, it certainly has a big impact on future career plans and a great example at a national level.

Preventing your offer letter from getting pulled

Misrepresenting yourself on your resume or application

A 2017 study reported that 85 percent of all applicants lie on resumes. That is a staggering number, and since employers are aware of this, it means they will certainly check.

Keep your nose clean

It goes without saying that if you have pending criminal charges or a reportable conviction in your past, it will get discovered in the background check. If there is an issue, be forthcoming. It may be looked down upon by some; however, it’s better to not get called in for an interview than get your offer pulled out from under you. And besides, the market is so hot, some employers are willing to overlook minor criminal charges. And please don’t act surprised when it is discovered and act like you were unaware. It just adds foolish to the dishonest label.

Delaying your start date

If you agree on a start date, find a way to show up on that date. If you delay it, especially with our current hot job market, it could send the message that another employment option may have presented itself and you are waiting for that answer before you commit.

Know what your references are going to say

I cannot stress this enough! Many organizations check the references after the offer has been accepted, so they don’t waste staff resources on someone who is not going to accept an offer. Once they make an offer, if they get a negative review, they likely will pull the offer.

At JSG, we continually check references, and more often than it should happen, we call a reference and the person on the other end of the phone does not report glowing things about the candidate’s past performance. People – a reference is someone who should be able to say good things about you. Not someone who says you received a paycheck from them and they are sorry you did. If they aren’t a good reference, they should not be used as a reference. And always call your references and ask for permission beforehand. Don’t catch anyone off guard!

Most employers are still drug testing

Don’t celebrate with an element that is contrary to their substance abuse or nicotine policy. According to a 2018 survey, drug testing is now required by fifty-six percent of US employers. If you can’t pass a drug test, you will likely get your offer letter pulled. And companies do not have to adopt the same legal attitude among substances that your state of residence does.

Above all, use common sense when you’re seeking a new position. You’ve probably heard this rhetorical question: ‘Why is it called common sense when it’s not that common?’ So, let’s all agree to be professionals in the professional world and get your career path continuing on the road to future success.

How To Hack Your Job Offer & Get What You're Really Worth, job, job search, polite, accurate, compensation, money, salary, bonus,

How To Hack Your Job Offer & Get What You’re Really Worth

When you’re searching for your next career step, one obstacle that always comes up is the awkward subject of compensation. There is no foolproof way to conquer this topic, and there is never a guarantee that you will get everything you want out of a job offer. There are some basic rules, however, that if followed can lead to a much more successful conclusion without either party being offended or confused.

Understand that the salary negotiation begins prior to the first interview.

In fact, it begins with the compensation you are currently receiving. Asking for a 25% raise because you know the wage band and you meet all the qualifications, is not the best way to begin the discussion. Now, if you are being grossly underpaid or moving to a much higher cost of living community, or you recently finished an advanced degree and the new role has substantially more responsibility, this can be a different subject. But a ‘next step’ role does not typically allow for a huge salary hike.

Be polite, be accurate, be truthful, know the boundaries, and remember that your interview statements could come back to bite you.

For example, if you are relocating and you continue to express concern about housing throughout the interview process, they may offer less in the first-year’s salary in exchange for putting you in corporate housing. You might not have wanted to spend that kind of money in temporary housing, but your attitude and concerns dictated the terms of your offer without even realizing it.

When you complete an application, filling in the ‘desired salary’ line does not mean that this will be the offer.

This is typically used as a way for a company to rule out those candidates that are way out of budget range.

Asking for 5% to 10% more than your current salary is very appropriate unless there are extenuating circumstances such as above.

If you want the job, you must be reasonable.

If you are moving to a much lower cost of living community, be prepared for a salary decrease.

Your standard of living may increase, but the number printed on your annual W-2 could be less, and sometimes substantially.

If you want the job and you think the offer is fair, don’t be greedy.

Many candidates mistakenly think that everything is negotiable and that first offers are always low. There is a significant benefit to working with a recruiter with great client relationships like those at Johnson Search Group, as we will know where there may be some wiggle room in an offer.

Comparing apples to apples is vital.

Base, bonus, benefits, housing, relocation, career advancement, location, etc. are all part of the compensation package. Truly understanding the total value is key in negotiation.

Ask yourself, “Do I really want the job and what is it worth to me?”

Take a breath and a pause before responding to any offer.

You do not want to overlook something and then have to come back and ask for more after you have accepted an offer.

Most importantly, remember that any representative that the company selects to use for this purpose will be a colleague in the future if you accept the position.

Avoid the temptation to be abrasive if you are not getting your way. You may get the job, but starting out on the wrong foot by showing a poor attitude is always a bad idea. “You can catch more flies with honey than you can with vinegar” is a very appropriate thought process when negotiating salary, and is the ultimate ingredient to a successful outcome.

Don’t assume if the answer comes back quickly that you did not ask for enough.

There are many factors involved in this, it may simply be that you hit the magic top of the range and the hiring manager thinks you’re worth it and can make it work. If you still are a fit in that top range, they may dislike negotiating as much as you do and it just happened to work. If you had asked for more, you may have had the offer withdrawn.

Countering The Need To Accept A Counteroffer, career tips, counteroffer, recruiter, recruiting, career help, career, job search, new job, raise, salary, management,

Countering The Need To Accept A Counteroffer

Countering The Need To Accept A Counteroffer

You have been miserable at your current position for a long time. You feel unappreciated; especially, having just found out your counterpart is making $5K more a year than you are. You are now seething internally. The solution is to find another job; a company that will appreciate your talents, see your worth and treat you with the respect you deserve.  It must be fate, because the next day a recruiter calls you out of the blue and tells you about this incredible opportunity that seems to have been created, just for you!  You are excited! This is what you have wanted! You ace the interview and receive a letter of offer from the company. The offer is $8K more a year and you have finally gotten that management position you have always wanted. Can things get any better?

You sign on the dotted line, ace the background check and your references come back glowing. You are now free to give notice to your current employer and you just can’t wait. You will show them! You type up your resignation letter and let them know that it’s been great, but they can’t provide a career path and company “B” not only has made you a manager, they gave you a $8K raise! It felt so good to throw the raise and promotion in their face; albeit, in a professional manner.

You float into work the next day – letter in hand – strolling into your boss’s office and asking if you can talk. Door closed, palms sweating, heart pounding; the feeling of apprehension and giddiness, simultaneously flooding your body, you present your letter of resignation. Done!  Or is it?  He reads your letter, removes his glasses, and looks you in the eyes. He then tells you that he doesn’t want you to leave. That you were going to be getting a promotion once the dust settled from the layoff that just occurred. Two managers were let go and now they are considering you, to oversee both departments.  While they can’t give you the $8K the other company did, they can give you an additional $5K, with a management title. Before he accepts your resignation, he asks you to think about it and let him know the next day.

What a day! It just can’t get any better! You feel important, valued; finally, someone at your company has noticed!  Or have they?  In this scenario, you are just filling an immediate need they have.  You are a temporary solution and by accepting the counter, you will burn a bridge with Company “B”.

Counteroffers rarely work out.  Accepting a counter is easy to do; it doesn’t take you out of your comfort zone, it offers an incredible boost to your ego and it gives you a false sense of reality.  But here’s the reality check, per a Wall Street Journal Survey:

 

Countering The Need To Accept A Counteroffer

Source: Survey by the Wall Street Journal

You wanted to leave for a reason and those reasons are still there. Once the euphoria fades, the ego deflates and reality hits home, you are back to where you were; only now, the recruiter is gone, that incredible opportunity is gone.

If you want a true partner in your job search, contact Johnson Search Group.