In this blog, OrangeIQ will tell you the best way to choose between multiple job offers. After the pandemic, a lot of people have been left unemployed, and businesses have a shortage of skilled people. That is to say, as the skills shortage bites, job seekers will be offered more than a single job. The question on everyone’s mind is: what is the best way to choose between multiple job offers? Many job seekers are well acquainted with the daunting process of drafting exhaustive lists of pros and cons when presented with more than one job offer.
Especially in countries where businesses are recovering from the pandemic, it is a great time to look for a job. But the wide choice of jobs on offer means many job seekers must now polish their decision-making skills and their approach to weighing up multiple offers. That is to say, unemployment in Australia has been at its lowest since 1974. There is roughly one unemployed person per every job vacancy. As a result, the employment market has gotten very competitive in which candidates are likely to be facing a minimum of two different offers. Because of this, many job seekers now face a dilemma of what is the best way to choose between multiple job offers.
What Steps Should You Follow?
Let’s move forward and talk about the best way to choose between multiple job offers. There are a lot of ways to do that. But each of them is time-consuming and requires a dedicated amount of time spent on decision-making and weighing the pros and cons. We will provide you with a few steps that will help you better understand your job offers. As well as choose the one that is best suited for you and your needs. The steps are as below:
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Start With A List
The first step is to list what is important to you. Work out whether it is the culture, management style, opportunities for advancement, or work arrangement that is most important to you. It is important to have a clear picture of your priorities at the start of your job hunt. That is to say, you must know what you want before you go in. If you compile the list after you interview for roles, your judgment may be affected by the offers you receive. According to career expert Amelie Chilianis, when you have multiple offers, you must make sure you are moving towards a company that has opportunities for future growth.
For example, if you choose a job that pays more but doesn’t cater to your priorities when the spark wears off, you may have more money but you won’t have the flexibility that you wanted. You may realise at that point that you are unhappy in your role. Being clear about what you want from the start can help avoid such situations. It can be hard to be objective when weighing up job offers with differing benefits. A fresh view can cut through any biases one holds. Take the help of someone who knows you well. Someone who will give you answers that you might not want to hear. It can be an ex-boss, a mentor, a partner, or even a friend.
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Avoid Stalling
Weighing up multiple job offers might be a complex undertaking, but it is important not to delay decision-making. For example, if you get an offer on Friday and ask for the weekend, that is normal. Then on Monday, they will be chasing you, and you ask for another two days because you are trying to weigh it up or play it off against another offer. But that is not a good thing to do. That is to say, ask for enough time to review a contract in writing. It is important to remember that nothing is an offer until you have received the paperwork. In addition, you must make sure that you are clear on the base salary, the superannuation component and any extra benefits, bonuses or incentives.
In addition, it is also important to check things such as probation and notice periods and research prospective employers online. As it would be really disappointing to accept an offer and then, after starting, find out that the company is in financial difficulty when maybe the other offer was a more stable avenue.
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The Importance Of Salary
There is no doubt that money is of the utmost importance when evaluating a job offer. Especially in the current state of increased cost of living. But one employer might be offering a slightly better salary, while another might be offering some salary sacrifice options that are beneficial from a tax perspective. That is to say, it is not always about the salary. You have to look at the whole range of benefits that are on offer. It is also important to include the culture, team, learning style, advancement for the future, and values in the equation.
That is to say, all those things need to come into play as well, not just what the salary is. One should be careful not to be bedazzled by the salary on the contract. Make sure that the company aligns with your values. Make sure it is work that you would enjoy doing and that it is adding something to your career rather than going backward.
