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13th June 2007, 08:28 PM
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#1 |
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Guest
Posts: n/a
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Comparing Two or More Job Offers
When comparing job offers, you really need to compare all aspects of each job offer.
Congratulations! Let's say that after much preparation and hard work that you have received three job offers. Now you have to decide which is thebestoffer. Is the best offer always the one paying the highest salary? Well, when you also look at each company%uFFFDs benefits package, you might find a very different story, as illustrated in the table below. Why are benefits important? Benefits can add up to 30%u0025 to your total compensation. This example is purely a financial analysis of the three job offers, and does not take into consideration many other important factors that job-seekers should also evaluate before deciding on a job offer. These other factors are discussed after the table. Company1 Company2 Company3 Base Salary: $53,000 $50,000 $47,000 Sign-on Bonus: $1,000 $3,000 $2,500 Cost of Living Adj.: -$2,300 -$200 + $1,000 Medical, Dental, Optical: $3,000 $4,000 $4,000 Life, Disability Insurance: $1,000 $1,500 $1,000 Company Car: $2,400 $3,600 $3,600 401(K) or Pension Plan: $4,400 $6,000 $4,500 Total Compensation Package: $62,500 $67,900 $63,600 There are many other factors that job-seekers may want to consider when deciding whether to accept an offer, including: * Reputation of the company * Corporate culture * The work itself (in terms of interest, challenge, etc.) * Timeframe for advancement * Quality of community (life, schools, etc.) * Relocation expenses * Dependent care * Overtime/Comp. Time policies * Professional memberships * Health club/country club memberships * Bonus/Raise policies * Vacation time * Paid holidays * Sick/Personal days * Work hours, including flex-time * Telecommuting options * Tuition reimbursement * Profit sharing * Employee stock ownership plan (ESOP) * Employee Assistance Program * Parking, commuting, expense reimbursement |
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26th February 2008, 12:10 PM
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#2 |
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Junior Member
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Try a career mentor?
Dear Friend
There has always been a huge gap between todays career and education. Not all engineers can get an engineering job and not all commerce students can become accountants. Career counseling is a very important aspect in out lives which most of us take for granted. So get yourself a Career Mentor and watch your career boost! There are many sites which offers learning support for students. Try this link for example http://www.siliconindia.com/register.php?id=Kq7U13RE and look for a mentor in your area of interest. They can help you with Careers, and final placements. You will also find resources to help you with your personal and professional development. Hope you find what you are looking for and even more. Thanks Jaya |
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24th May 2010, 01:11 PM
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#4 | |
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Member
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hi,
you can mention more details like from which location you are looking out for job change. Quote:
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11th February 2012, 01:49 AM
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#5 |
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Junior Member
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You should also compare the in hand salary, holidays and job profile and select the best one.
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21st April 2014, 04:32 PM
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#6 |
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Junior Member
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Its really helpful for us
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