It is not all about the Money!April 13, 2015
When you receive a job offer, it’s important to take the time to carefully evaluate the offer so you are making an educated decision to accept, or to reject, the offer. The last thing you want to do is to make a hasty decision that you will regret later.
Consider the entire compensation package – salary, benefits, perks, work environment – not just your paycheck. Weigh the pros and cons and take some time to mull over the offer. It is perfectly acceptable to ask the employer for some time to think it over.
Review Your Employee Benefits Package
In addition to salary, review the benefits and perks offered. An employee benefits package includes all the benefits provided by an employer and sometimes, the benefit package can be as important as what you get in your paycheck. Employers are required by law (federal and state) to provide some types of employee benefits like unemployment, workers compensation and disability.
Whether you are job searching or deciding on a job offer, it is important to review what benefit coverage is provided by the organization and to decide whether the employee benefit package is one that fully meets your needs. It is also important to take full advantage of what the organization provides to employees.
Depending on the employer, additional benefits may include health insurance, dental insurance, vision care, life insurance, paid vacation leave, personal leave, sick leave, child care, fitness, a retirement plan, and other optional benefits offered to employees and their families. If you are not sure about the benefits that are offered, ask for additional information or clarification.
Inquire about how much of the benefits costs are provided by the employer, in full, and how much you are expected to contribute. If there are a variety of options available, request copies of the plan descriptions so you can compare benefit packages.
The bottom line in accepting a job offer is that there really isn’t one! Everyone has a different set of personal circumstances. What might be the perfect job for you could be an awful job for someone else. What is important is that you have all the information you need to make an informed decision rather than a rash one!