5 points to remember while analysing job offer

Getting a new job offer is always exciting . It’s a great self-esteem booster and an evidence of your worth in job market

But in excitement and happiness ,you shouldn’t just look at salary part in offer letter and say ”Yes”

Careful reading and meaningful analysis of job offer is extremely important ..but how to do it?

 

Set your priorities straight :

Of course one would want everything in a job ,but yet there is always one factor which dominates other ,so what is that factor for you.

Once you  set your priorities straight ,it will be far easy to make a decision.

So ask this question to yourself what is your priority ?

Work life balance, CTC, benefits ,enriched profile, work culture..and then evaluate job offer on the basis of below mentioned points :

 

• CTC offered :

 

CTC or Cost to Company , understand CTC structure thoroughly.Clarify all your queries before accepting offers.

1. What will be the deductions
2. How much will be variable portion and If it is performance linked then how the analysis will be done and what is the minimum % you will be getting
3. How much will be take home salary per month ,CTC includes a lot of components which you may not receive in your monthly income ,so it is better to have a clear idea beforehand .
4.  Tax friendly CTC : Check whether offered CTC structure will help you in saving some taxes or not..It shouldn’t happen that at the end of the year after all tax deduction you will end up getting the same amount as you were getting in your last organisation.
5. Will higher CTC ,you might jump into higher tax bracket,which means more tax on your CTC,so evaluate the CTC offered on the basis of tax deductions

 

• Work Culture 

 

In today’s world ,getting fit into work culture of organisation is also a very important factor ..But how one should get to know about work culture of an organisation,before starting to work with that organisation ; few tricks can help

1. Networking : With social media ,it has become quite easy to connect with people working for your prospective employer ,connect with people,ask questions with them about employers and you will be amazed to see that people will happily give you answers ,LinkedIn works best in this matter ,as it is a professional networking site ,you can find myriad of information about your employer
2. Forums : Join different forums on Internet,related to your skill set and inquire about your prospective employers ,and you can ask questions at quora as well.
3. Rating of company : Check  rating of your company  ,sites such as glassdoor can help in this regard

 

•  Job Profile 

 

Have a clarity about your role,project,designation and grade.and a brief understanding of your responsibilities  and hierarchy structure of an organisation ,objective is to get a clear-cut idea whether offered job is going to add any value to your long-term career plan

 

• Work Life balance 

 

If work-life balance is your priority ,then ask and clarify following points before accepting offer :

1. Working hours /Flexible timings
2. Work from home policy
3. Leave policy

 

•  Benefits 

 

Inquire about following benefits

1. Life Insurance
2. Health Care Insurance
3. Retirement /Pension Plan

 

So follow above mentioned point to analyse  job offer and if you have any other point to add then please mention it over the comment section.

 

-Careersailor