How to Decide Between Two Competing Job Offers
Co-Authors: Victoria Cohen and Amber Satola
How to Decide Between Two Competing Job Offers
The long-endured process of the job search process is now over. You have two job offers in your hands, but you’re not sure which one is the right move for you. Use our guide below to help you determine which job offer best aligns with your personal and professional goals.
Evaluate Compensation and Benefits Packages
First, you’ll need to determine your base compensation requirements in order to support your lifestyle, and if applicable, any dependents. Make sure to evaluate the compensation packages from each job, including these aspects listed below:
- Health insurance
- 401k and retirement savings plans
- Medical, dental, and vision insurance
- Commission and bonus opportunities
- Childcare options
- PTO
- Medical Leave
Determine Your Career Goals
Whether the offers are very similar, or vastly different, you will want to consider which job opportunity aligns with your long term career goals. Whether you’re looking to make a new career change, or for career growth opportunities, here are some things to consider:
Industry – is this a field you want to work in long term?
Location – Is the job located in a place/city that you would stay in long-term?
Growth – Which company offers better opportunities for vertical mobility or promotion?
Consider Your Values
Joining a company that aligns with your values is more likely to provide long-term happiness not only in your career, but also in your life. Every company has their own unique set of values that ultimately determines the culture of being there. Here are some things to consider:
Family – Does the company value family? Will they be flexible in allowing you to pick up your children from school?
Philanthropy – Does the company participate in charity? If so, are these causes that align with your values?
Company Culture – What is the team culture at each company?
Look Into Company Benefits
Each company will have their own unique set of benefits that you should consider when making your next career decision. These benefits not only affect culture, but they also can benefit your long-term happiness, and wellbeing. Things to consider when evaluating potential company benefits:
- Free or discounted Gym memberships
- Subsidized professional development opportunities
- Wellness programs
- Tickets to events
- Company parties, celebrations, and potlucks
- Book club or lending library
- Travel opportunities
- Networking opportunities