Tips to Evaluate, Accept, Or Reject A Job Offer

Tips to Evaluate
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Congratulations! You have landed the job. Now what? This is a dilemma that every candidate faces, whether to accept the job offer or not. There are a lot of things that come to a person’s mind when they have a job offer such as-

Are they compensating me well-enough?

Are there any other incentives or perks involved?

How is it going to help in my growth?

Can I get a better job?

If yes, then how should I decline the current offer?

If an employer has given you the job offer, he/she obviously liked you, and thus you have the upper hand. You can try to mold your job role and ask for more salary or benefits. There are certain steps involved when you get a job offer, you don’t automatically accept it within a fraction of seconds. The key steps to keep in mind are-

What to do when you have an offer?

When you have landed the job role you applied for, needless to say, you are over the moon. Having said that, you don’t want to say yes right away as there are many things to consider before you commit to the offer. Even if you know you are going to end up taking that job, still, the first thing you should is- evaluate.

Also read – 6 Key Stages of Employee Life Cycle

You have to be certain that the job role is perfect for you, otherwise, you will end up getting bored and leave the company within no time. Another important thing to factor-in is the compensation that they are offering. At the end of the day, all the efforts that you are putting into your job should be worth it.

If it’s not, you can always try to negotiate and ask them to raise the salary to your expectations. If they really want you, they will accept it. If not, you can always politely decline the offer. You should learn the art of handling multiple job offers, and then accepting what’s best for you.

Take time to evaluate

As soon as you have the offer on the table, don’t right away accept it. Ask them for some time to through the details and tell them your decision. Having said that, don’t act ungrateful. Let them know how obliged you are with the offer and ask them if there is any deadline till when you have to make your decision. If you think they are putting you in a spot by asking you to make the decision really soon, you can always ask them for more time.

However, do not take a long amount of time to make a decision, otherwise, they will feel that you are not interested, and ultimately the company itself will end up rescinding the job offer, which is even worse. While evaluating, take into account various important factors such as work-timings, perks provided, traveling time, etc.

Additionally, if it’s a new company or a company that you haven’t heard of, make sure to do a background check on its reviews and credibility. You don’t want to work for a company that doesn’t provide you security and stability. It doesn’t make sense to accept an offer you didn’t want in the first place. Thus, make sure that you have considered all your priorities before accepting or rejecting any job offer.

Power of negotiation

If the compensation that the company is not even remotely near to what you were hoping for, you can always make a counter-offer, or probably decline it. But if you feel that apart from the compensation, all the other pointers on your evaluation lists are checked, you might want to try and negotiate a bit harder.

There are a number of things to take into consideration when it comes to negotiating. First and foremost, do market research and compare all the companies with your job position and how much they are offering.

This will give you an idea of what you are worth. If they are hesitant to increase the salary, you can try and talk them into increasing other perks such as extra paid leaves, or fewer working hours, etc. Once you have factored-in everything, place an e-mail regarding the negotiation and let the counter-offers begin.

Accepting or Declining

If the job has everything you could have asked for, obviously you will accept the offer. Even if you are accepting the offer in-person or on the phone, you should still draft an e-mail knowing telling how grateful you are for the offer.

On the other hand, even if you are in desperate need of a job, but you know that the offer you have on the table is not for you, you should always consider declining the offer as job satisfaction is a must. You should draft an e-mail for this too, politely declining the offer, and if possible, giving them a valid reason as to why you took that decision. You never know, the reason for which you are declining, the company might be able to provide you with.

Takeaway

Keep these pointers in mind when you have landed an offer. Also, once you have decided whether you are going to accept it or reject it, don’t waste any time and let the company know immediately.

To learn more about recruitment, read up our blogs on the Pocket HRMS website.

 

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