Employment Offers & Salary
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Career Exploration and Development
261 Schwartz Center
330-672-2360
www.kent.edu/career
Congratulations! Through successful interviewing, you have been offered a position. Now what? Do you want the position? Remember, YOU interviewed the company at the same time they were interviewing you! The following seven factors should be considered as you evaluate whether or not to accept a position.
SEVEN FACTORS TO CONSIDER
1) Responsibilities
No matter whether the position is a lateral move or a promotion, its content is most important. Ask yourself ...
鈥 Are the employment duties and responsibilities interesting to me? Do they match my values, interests and skills?
鈥 Am I proud of the product services of the employer and the reputation of the organization?
鈥 Will I be expected to travel and how often?
鈥 Does this position fit into my long-range career plans and personal goals?
2) Your Boss
鈥 Can I work and get along with this person?
鈥 Am I comfortable with his/her interpersonal and management style?
鈥 Does this person seem willing to serve as a mentor to help me learn and succeed?
3) Salary and Benefits
鈥 Is the salary at market level? (Research salaries on the internet.)
鈥 Would taking this position create an economic hardship? Is the organization/division stable? Is the position secure?
鈥 How are pay increases determined (performance, position level, length of service, etc)?
鈥 How are salary reviews and promotions handled?
鈥 Is training and continuing education provided?
Your potential for salary growth quickly becomes more important than your starting salary. Don鈥檛 think of salary as the only compensation you will receive 鈥 think also of the benefits package. Remember, people working solely for money eventually feel unfulfilled.
4) Your Co-Workers
鈥 Will I fit into the corporate culture?
Sometimes peers can be more difficult to deal with than a prospective supervisor. Ask your potential boss about your work group to get a sense of their personalities and work styles before you accept the position.
5) Typical Work Week
鈥 What is a typical work week like?
鈥 How many hours per week does the position require?
Consider your other commitments to family, friends and outside activities. Ask yourself, 鈥淐an I really coach soccer and be a star in the workplace?鈥 Which matters most to me?
6) Location
Do not underestimate location as a satisfaction issue.
鈥 Do you like the location and area in which you will be working and living?
鈥 Where are company headquarters and branches located?
鈥 What is the cost of living and commuting distance to work?
鈥 What are the opportunities for your spouse鈥檚/partner鈥檚 career?
鈥 What is the proximity of schools where I can further my education and/or skills base?
7) Organizational Flexibility
鈥 What is the organizational culture relative to work-life balance?
鈥 Will the employer be flexible during emergencies?
鈥 How will this position alter my lifestyle? If it will, can I handle the changes?
Negotiating Salary
Wait until after you have been offered the position before negotiating your salary. Discussing salary at the beginning of the first interview is premature, but waiting until after you accept the position reduces your negotiating power.
If you are asked during the interview, 鈥淲hat are your salary requirements?鈥 or 鈥淗ow much do you think you are worth?鈥 ...
It is best not to offer any specific salary requirements, but instead, provide an answer such as, 鈥淚 would prefer to review all aspects of this position before discussing salary.鈥 or 鈥淢ay we revisit salary after you have a better picture of what I have to offer?鈥 or 鈥淚鈥檓 looking for the maximum, fair compensation for the responsibilities involved.鈥 or 鈥淲hat salary range do you have in mind?鈥
Three Employment Offer Options
1) Consider the Offer And Follow Up Within Agreeable Time-frame - First and foremost, express appreciation for the offer. However, there is no reason to say yes to an offer immediately, and most organizations will not expect you to accept an offer on the spot. Offer a reasonable amount of time to get back to the employer with your decision (preferably within the next few days, or time-frame agreeable to the employer). Try to take away a written offer, or at minimum, detailed notes.
What to say: 鈥淚鈥檓 excited about the possibility of working here, but would like to take some time to think about your offer. Could I get back with you tomorrow with my decision?鈥
2) Accept Offer On The Spot - If the salary is acceptable, show your appreciation for the offer and accept! Ask the employer to confirm the offer in writing. Do not interview for any other positions. Never renege on an offer you have already accepted.
What to say: 鈥淭hank you for your confidence in me. I look forward to working with you.鈥
3) Reject the Offer - Express your appreciation for the offer and for their confidence in you. Say something positive about the employer and thank them for the interview, then politely decline the offer. You never know when you may meet again!
What to say: 鈥淲hile I appreciate the opportunity to have interviewed with your organization, I do not believe this position is a good match for me at this time.鈥
A Strategy for Weighing Several Employment Options
The 鈥渨eighted average鈥 method below removes the subjective influence we often do not realize occurs when making decisions. Creating a chart with the values below is an easy method for prioritizing options.
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List the factors essential to your decision.
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Use a 5-point scale and allocate points to each of these factors based on their level of importance to you (1 = least important; 5 = most important).
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Rank the essential factors for each position you are considering.
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Multiply your factor point values (level of importance column) by the factor point values assigned to each position.
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Add the total up for each one. You now have your weighted factors to help you objectively make your decisions.
Factor |
Level of Importance |
#1 |
#2 Level of Importance x #2 Rank |
Content |
5 |
5 x 2 = 10 |
5 x 3 = 15 |
Location |
5 |
5 x 3 = 15 |
5x1=5 |
Salary |
3 |
3 x 5 = 15 |
3x3=9 |
Growth Prospects |
4 |
4x2=8 |
4 x 4 = 16 |
Matches my Qualifications |
2 |
2x2=4 |
2 x 5 = 10 |
Reputation of Company |
4 |
4 x 5 = 20 |
4 x 3 = 12 |
Convenient Work Hours |
2 |
2x3=6 |
2x3=6 |
Total = 78 |
Total = 73 |
This method can also be used when making other important decisions in life such as choosing a major or graduate program.