Receiving a job offer is exhilarating. After the long wait, the letter finally arrives, containing all the necessary information you need. However, job applications are two-way streets, and you still need to assess many factors other than the compensation package. 

In this article, we provide you with strategic steps to wisely evaluate your job offers, effectively negotiate your job offer, and ultimately make informed decisions about your career path. 

Meeting Your Needs and Wants: What Employees Are Looking for in Their Next Role 

A Gallup study asked more than 13,000 US employees what factors are most important to them in considering future job offers.¹ These are the six most important factors according to respondents: 

  • 64% – a notable increase in income or benefits 
  • 61% – better well-being and work-life balance 
  • 58% – to keep doing what they’re best at 
  • 42% – diversity and inclusivity 
  • 53% – stability and job security 
  • 43% – COVID-19 vaccination policies 

Claim Your Perfect Match: How to Negotiate Your Job Offer 

Applying for new positions can sometimes be stressful, especially when working with a certain organization is your dream. However, receiving an offer from the organization you want shouldn’t lead you to say yes quickly. You have to see first if the offer is right for you. Here are five steps to decide whether to accept the role offered to you: 

1. Let them know you received the job offer. 

How you react and negotiate a job offer can tell an employer about your character. It would be best to notify the employer quickly that you saw the job offer they sent you to show your enthusiasm for the role. 

There are often multiple applicants for any given role, and by doing this, you keep their focus on you. If you need to think about the offer, ask for a reasonable amount of time to assess the offer.  

2. Evaluate the offer and start with the compensation package. 

Receiving a generous offer that meets your salary expectations doesn’t mean you settle for it instantly. To make sure that you get what you deserve, you have to do your research or ask around.  

Research the value of your work in the industry. 

If it’s your first time applying for a specific position, or you’re just curious if there are any changes to the average salary for your role, then you may want to check the median pay online to see if the offer you received is competitive enough. 

This may include the latest average for that position in your specific industry or state in which you will be working. You can look up the information on websites like the US Bureau of Labor Statistics. 

Consider your experience and expertise. 

Consider how much you’ve grown in your career, years of experience, education level, certificates, unique skills, and the overall value you can bring to the organization. Aside from responsibilities attached to the role, industry standards, and geographical considerations, don’t forget about your unique qualities that contribute to your personal development and overall value as an employee.  

See if the benefits package meets your needs. 

It’s great if the job offer covers your basic needs, such as healthcare, but what if you have other specific requirements that you wish to be covered by the employer? 

For example, you may seek education assistance or student loan reimbursement to continue your education. If you have children who can’t be left alone, you may look for on-site childcare facilities or parental paid time off. 

If you have significant needs not covered by the benefits package, list them for negotiations later. 

Related Reading: Top 9 Questions to Ask About Employee Benefits and Compensation 

Create a sample budget with their offered salary. 

It is essential that you find a better salary and benefits package, especially now that prices are rising in the market. According to the data released by the U.S. Bureau of Labor Statistics in September 2023, the Consumer Price Index increased in August by 0.6% and rose by 3.7% over the previous 12 months.²

To see if their offer will suffice for your financial needs, try listing down all of your monthly expenses. The offered salary and benefits should be able to cover them and allow you to save. 

Related Reading: Salary Negotiations 101: 8 Rules for Negotiating a Career Opportunity 

3. Remember to consider other factors. 

Aside from compensation and benefits, there are things beyond salary and benefits that you may want to consider. You can visit their website and social media, ask peers related to the organizations, or look for employee reviews about culture and practices.  

Widen your research and look for external factors by learning more about the following: 

  • The organization’s reputation and overall environment. 
  • Growth or advancement opportunities. 
  • Work-life balance practices and initiatives.  
  • Role stability and security. 

4. Prepare yourself for the negotiation. 

Once you have decided to negotiate the offer, ask the employer if they would be open to it. Be mindful that some employers may be unable to accommodate you due to budget constraints. 

Once the employer agrees to negotiate, prepare everything you need. Start with a list of essential questions you want to ask, explain why you are requesting to negotiate your package and the specific areas you want to deal with, whether salary or benefits. Discuss your concerns to avoid further renegotiations, as this can seem unprofessional and indecisive.  

Communicating Your Decision to Your Recruiter and Hiring Manager 

Whatever your decision, it’s best to consider that your employers and recruiters are also on schedule. Take the time to assess your whole package, but be prompt in communicating your decision, especially after negotiating.  

This is to show that you respect the employer’s time and efforts. Whether you accept or decline, your first step should be to thank them for the opportunity and for taking the time to process your application. 

Be honest and respectful in declining. 

If you have decided to decline an offer, communicate your decision respectfully. If they ask about the reason behind your decision, be honest and reasonable about the factors that influenced you not to proceed.  

You may start by mentioning what you liked best about the offer or the organization, like values or culture, followed by the reason. Instead of pointing at what they lack, state what you’re looking for.  

Officially accept the job offer you chose. 

Once you have decided on accepting one of your job offers, let the employer know as soon as possible. Remember to promptly send your signed documents digitally, in person, or via delivery service, depending on their instructions. 

Related Reading: Working With a Recruiter Is the Best Career Move and Here’s Why 

Settle for what is best for you. 

Whatever your decision may be, you will eventually find a job offer that matches what you are looking for in your career. The key is asking the right questions and presenting yourself professionally and strategically. Whether you find it sooner than later, remember to keep relationships intact and address recruiters with kindness and respect.  

ELEVATE YOUR JOB SEARCH WITH THE HELP OF ACS PROFESSIONAL STAFFING 

If you want to receive better job offers, ACS Professional Staffing can help you find the opportunities that best match your experience and expertise. 

Our meticulous team of experts will connect you with potential employers in Engineering, IT, Designers, Analysts, Project Managers, and more. We take pride in employing contractors to ideal organizations and have achieved an average tenure of seven years.  

Contact us today and find career opportunities you will enjoy and stay with for a long time. 

References 

1. Wigert, Ben. “The Top 6 Things Employees Want in Their Next Job.” Gallup, 21 Feb. 2022, www.gallup.com/workplace/389807/top-things-employees-next-job.aspx

2. “Consumer Price Index.” U.S. Bureau of Labor Statistics, 13 Sept. 2023, www.bls.gov/cpi/