Sunday, June 14, 2020
How to Handle Multiple Job Offers as an Executive
How to Handle Multiple Job Offers as an Executive Its an executives dream come true! Youve got multiple job offers on the table with some really great companies! Theres only one problem. Now you have to actually choose which job to take. This can lead to a flurry of questions and self-doubt. Will I make the right decision? Should I just go for the highest salary? What if I make a mistake? Use our guide below to help you handle multiple job offers and how to choose the job thats best for you. Its not just about the money - but it is kind of important. If choosing an offer were only about the money, then the decision would be a no-brainer. The reality is that there is much more to consider than just money, however it is an important factor. Furthermore, if you break down the offers separately you may see that money is a lot more than just about your salary. One company may have a killer salary, but a horrible insurance policy (which is why they probably offer a killer salary). If insurance is important to you and your family, then this will influence your decision. Another example would be that perhaps a company has a higher match for the 401k at which point youd be walking away from free money if you turned them down. Other monetary considerations include relocation expenses, profit sharing and tuition reimbursement. Of course, it will be rare that any one company will have everything you are looking for so its important to note what matters most to you. Does the job excite you? Theres nothing worse than taking a job and then realizing a few months down the line that youre utterly bored, or worse, that it is the wrong job for you. Chances are that if youve made it this far in your career then you like to be challenged, learn new things and be engaged in what it is you do for a living. As such you should consider the job itself. Does it excite you? Is there an opportunity for personal and professional growth? Do you find yourself really engaged by the work and the company? Personal values are important too. Most people may not think about personal values when choosing a job, but the truth is that they matter just as much as everything else. For instance, if you consider yourself an environmentalist then working for an oil company may not be your best choice. The example may be trite but it paints a clear picture, if you go against your values for a paycheck youre not going to last very long. Or, if you do last a while youre going to be miserable. This is why its important to look into company culture. Another example would be if they expect their executives to work 80 hour weeks and thus take away time from their families. This may not seem like a big problem when youre staring at a salary offering with a lot of zeros, but it will eventually affect other parts of your life you find equally as important. As such its important not to get blinded by the numbers and take everything you find important into consideration. This is why its important to look into company culture. Another example would be if they expect their executives to work 80 hour weeks and thus take away time from their families. This may not seem like a big problem when youre staring at a salary offering with a lot of zeros, but it will eventually affect other parts of your life you find equally as important. As such its important not to get blinded by the numbers and take everything you find important into consideration.
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