Tuesday 30 August 2011

How to Accept a Job Offer

Once you have an offer, you need to evaluate the position and the package you have negotiated and decide if it is the right fit for you. You may even have more than one offer you need to chose between.

Analyze the Offer

Your first task is to determine if the offer is the right one for you. To do this, you need to understand your needs and ambitions. Before analyzing a job offer, we strongly recommend your review your:
  • Skill set
  • Financial goals & needs
  • Short-term career goals
  • Long-term career goals
Once you have a firm understanding of your needs and goals, we recommend analyzing the job offer in four steps:
  1. First, analyze the company and the job offer to ensure it matches your personal goals:
    • Will you have to make sacrifices in terms of family commitments at the new job?
    • Will you have to travel for the new job?
    • Will you have to move for the new job?
    • Are you willing to work the hours required by the company?
    • Do you think you will like working with the people you met?
    • Will the culture and work environment bring out the best in you?
    • Will you enjoy going to work every day?
  2. Next, analyze the job offer and ensure it matches your career goals:
    • Does the job match up with your career goals?
    • Does the job seem challenging and interesting to you?
    • Does the job offer training that will help you to grow?
    • Does the position offer the opportunity of advancement?
  3. Finally, analyze if the company itself matches your career goals:
    • Does the company size and culture mesh with your career goals?
    • Does the company foster teamwork? Does this matter to you??
    • Does the company invest in developing its staff?

Make a Decision

Once you have analyzed all of this information, it is time to make your decision.
We recommend talking the job offer over with family and trusted friends to get their perspective. It is always helpful to have a fresh set of eyes review your opportunity and provide their perspective. But remember, you are the one who ultimately must do the job each and every day, so while it is important to listen to different perspectives, be sure to make the decision you make is yours alone.

Formally Accepting the Offer

Once you have decided to accept the offer, place a call or write an email or letter indicating your acceptance. In many cases, emailing your acceptance is more than suitable, but following it up with a mailed letter is a nice touch and it ensures the company received your notice of acceptance. But as always, if the company directs you on how to accept the offer, be sure to follow the instructions precisely.
If the company provided you with forms to complete and sign, by sure to do this promptly.
One final idea we recommend when appropriate: email the people you interviewed with and let them know you have accepted the job offer and are excited to begin working together.

Choosing Between Multiple Job Offers

Choosing between multiple job offers can be difficult and stressful. It is hard to turn away an opportunity.
At GILD, we recommend building a “decision matrix” which allows you to clarify how you want to make this choice so you can objectively compare the options. A decision matrix is very simply to build. Draw a table, and down the rows write the things that are important to you. Next, draw a column labeled “Priority.” In this column you should rank the list of items in order of importance. Finally, draw a column for each company. You are now ready to fill-out your decision matrix.

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