Accepting a Job Offer in a Tough Economy
Deciding to accept a job in a tough economy requires that you weigh the benefits of accepting the job. Will the job offer you an opportunity for professional growth? Does the job offer you a temporary or permanent solution economically? Here are a few points to consider when faced with the decision to accept a job in a tough economy.
NEGOTIATING PAY
Does the job offer room for negotiating your salary? Can you afford to reject or accept the position based upon your current economic situation? Do you change jobs before considering the long-term effects? When interviewing for a new position, get an understanding of your salary before you leave the interview. Make an informed decision at this time after considering the benefits and your circumstances.
Don’t pass up a job opportunity in this tough economy based solely upon the salary. There are other points to consider.
FULL-TIME VERSUS PART-TIME
When deciding to accept a job in a tough economy, it is also important to consider the employment status of the job. Do you accept a part-time position to supplement your full-time position? Is the position temporary or permanent? Are you a student who’s looking for part-time work or seasonal employment?
These are points to consider when deciding to accept a job in a tough economy. Accepting a full-time or part-time job in a tough economy should be based upon your current situation and also your long-term goals. Will the work schedule allow flexibility?
Does the job offer the option to earn over-time work hours to supplement your salary?
OPPORTUNITY FOR ADVANCEMENT
A major issue to consider when deciding to accept a job in a tough economy. When making the decision to accept or reject a job in a tough economy, it is important that you consider the opportunity for advancement. Is the job a part-time job with opportunity for advancement? Does the job offer regular promotions?
Are you limited to one department or can you transfer or promote within the company? Does the job offer tuition reimbursement?
HEALTH / MEDICAL BENEFITS
Does the company offer a medical/health benefits package suitable for your current needs? How much of your income can you afford to contribute to your company’s health plans? If the job doesn’t offer a health/medical benefit package, is it worth it to change jobs in a tough economy based on health benefits alone?
Again, this is a personal decision based on your individual circumstances. Of course, if there are children involved, your decision will need to include their medical needs.
RETIREMENT PLANS
Consider the retirement plans and your long-term goals. Does the job contribute to the employees’ retirement plans? If the job doesn’t offer a retirement plan, do you have an alternate savings plan? Do you refuse the job in a tough economy based on retirement plans alone?
No. Retirement and savings plans can be substituted with private accounts if the new job offers additional benefits that outweigh the retirement options.
These points should help you make an informed decision on accepting a job in a tough economy. For additional information on occupations and salaries, please visit:http://www.bls.gov/oco/.
