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| » » March 2006 Edition |
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| Multiple Job Offers |
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| ReadySetHired! |
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ReadySetHired! is an online monthly newsletter which features advice, guidance, and answers for individuals who are actively searching in the marketplace for employment. |
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| Welcome to the twenty-eighth edition of wwwork!’s candidate newsletter, ReadySetHired!. In this issue, you will learn how to approach resignation, schedule multiple meetings, and manage multiple job offers. wwwork! is committed to helping you succeed by providing you with access to the best companies and career opportunities. You can find out more ABOUT US on our website. So, study this newsletter and jump start your career by contacting a wwwork! representative today! |
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| » Featured Article |
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| Multiple Job Offers |
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Congratulations! You wrote a great resume, nailed a few interviews and received a great job offer. Outstanding! Just as you’re about to make that call saying “I’ll take it!” another offer comes through. Terrific! You are now the lucky recipient of multiple job offers. You’re a superstar! Not only is this very flattering, it also puts you in an excellent leveraging position. |
But it can also be very confusing and overwhelming. So, what do you do? First, enjoy the feeling of this awesome moment - you’ve earned it! Next, buy some time - you’ll need it to make the best decision.
Tell the hiring managers that you need more time to consider the offer. Multiple offers or not, it’s always a good rule to follow. Companies don’t expect you to say yes or no right away, and if they have a strict “now or never attitude”, then best beware. If they really want you, they can stand to wait a few days. With some time dedicated to assessing your options, you should be confident that you can make an informed choice. Below are some tips to steer you in the right direction.
Remember, the work environment and company culture are just as important as the salary and role itself. Can you see yourself working for the company in the long run? Does the organization have a good reputation in the industry? Do you agree with its values and its message? What about its image? According to a recent wwwork! survey, 51% of respondents said that if they had multiple job offers they would pick the one that offered the highest growth potential. 27% said that they would pick the one with the most appealing culture. Believe it or not, salary came in third at only 17%! So take the time to research each organization. Go deeper than you did for the interview. If possible, try to speak to people who already work there. Ask smart questions and see what you can uncover about the company culture and work environment.
What about the actual roles? Do you know what your ideal job looks like? If you do, how well do the offered positions compare? Grab a piece of paper and create a bullet-point description of your ideal job. No, really! It may seem like a silly thing to do at this point, but it will help clarify your priorities. Remember to jot down your ideal environment and cultural expectations. This exercise will ultimately help you visualize career aspects that are important to you, which may have been previously overlooked. Not only can you compare the offered roles to your ideal job, you can also rate one role against another in the same bullet-point format. What does one job offer that the other one doesn’t? Does one role now have more appeal based on a comparison to your ideal? Don’t be surprised if you can now tell from your list which job is the better choice for you.
Finally, let’s talk money, because let’s face it - money talks. Chances are, one role offers more money than another. So, do you automatically choose the one with the higher salary? Not necessarily. You want to consider the dollars alongside corporate culture, potential for job satisfaction and opportunities for career growth. Rate each compensation package based on the following: salary, benefits, company perks, number of vacation and sick days, and any other criteria that are important to you. Quite often, the option with the lower annual salary may offer better hidden perks and benefits than the one with the higher salary. At the end of the day, what matters to you? Is it being offered? Don’t be afraid to ask for advice! Talk to friends, family, colleagues and associates. After all, it’s an important decision that may very well affect those around you. Don’t rush the decision, and certainly don’t get side-tracked by numbers alone.
Multiple job offers don’t come often, so have fun and bask in the glory of the moment. Take your time, do your homework, talk to people, and evaluate each opportunity carefully before making your decision. Then there’s that job you’re turning down - how do you handle that? Be honest, courteous and professional. Remember, don’t burn your bridges - your reputation is at stake.
Congratulations and good luck!
The key to a successful job search is to enjoy it. Our CAREER TIPS section has great tips on career planning, resume writing, and interviewing. HAVE FUN!
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| Ask Bill features career questions from our readers and answers from our President, Bill Holland. If you have a question for Bill, and you would like him to consider it for publication, Click Here. If your question is published on our website, your name will be kept confidential. |
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| Q. Dear Bill, |
| I have been offered two very different positions with two very different companies. The first role has extended an attractive salary, but the job itself does not appeal to me. The second role is quite intriguing, but offers lower compensation. Since I have a family to take care of, I am hesitant to accept the second offer, though there is a great chance for advancement. What advice do you have for me? |
| ~ C.S. |
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| A. Dear C.S., |
| The question is, will you be doing what you love? Although compensation is a selling feature for a lot of positions, will you enjoy going into work day in and day out? Talk this over with your family, and solicit feedback and support for your final decision. Don't forget, the worst that can happen if you make the wrong decision, is that you’ll have to look for a new job. |
| ~ Bill |
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To search our Ask Bill database and review other questions and answers,
Click Here |
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| Your Resume, Your Salary |
| Know your target salary before you write your cover letter and resume. For example, if you are applying for a sales representative position, but you have only worked in an administrative function supporting sales representatives, make sure you point out any sales related activity you achieved. This will demonstrate to the hiring manager that you have dabbled in it, are capable of it and should be compensated for your knowledge. Ultimately, the objective of your cover letter and resume is to gain an elevated position and generate a competitive salary. |
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| Want 10 great resume tips from the experts? Check out RESUME; we've got tips and templates to help you prepare your work history. |
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| Scheduling Multiple Meetings |
| Before you schedule multiple meetings, make sure you do the following – note locations, bank extra time and take your notebook wherever you go. How far away are meetings from each other? Will you have enough time to make it from one to another? Remember, meetings tend to run longer than you anticipate. Don’t gamble, give yourself plenty of time. Before you leave, grab your notes and a map. Though your memory may serve you well, a hectic schedule and nervous energy can easily lead to added stress and forgetfulness. Most importantly, be professional. When in doubt, it’s best to reschedule. |
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| Ace that interview! INTERVIEW will help you prepare, and sell your skills on the big day. |
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| Extending the Deadline for Accepting the Offer |
| In some cases, you may need extra time to review a job offer. It is not uncommon to request an extension to your acceptance deadline. Explain why you require it. You may say that you need to discuss it with your family members. Be very professional! Write a formal letter, requesting an extension. Make sure to check your spelling and grammar before you send it. Demonstrate your enthusiasm for the offer and the opportunity they have presented you with. Once again, professionalism is key! |
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Negotiating your salary can be tricky;
OFFER goes into more detail of the "do's" and "don'ts" during this process.
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| How to Resign from Your Job |
| Make a list of reasons why you want to leave your current job. This can range from compensation, culture and environment, management, etc. Tie up loose ends, collect personal items and finish up projects as soon as possible. Create a formal resignation letter written in a professional manner indicating your decision. Request a meeting with your manager and present your resignation letter in person. If your current place of work requests that you stay until the end of your notice, work diligently right until the last hour; you are technically still employed! If you’re comfortable doing so, provide your contact number in case colleagues have questions about projects you were unable to finish during your last days. |
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Learn more about maintaining a healthy lifestyle, handling difficult personalities, and overcoming office politics by visiting our
@WORK TIPS section. |
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| » Website to Visit |
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| A great website to visit is http://careerplanning.about.com. This website features dozens of tips on interviewing, job progression, handling job offers and other career success tips. Be ready! Learn more about how to prepare yourself for today's job market by clicking the above link. |
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Get to know yourself!
TESTING, READING, and LINKS have additional Testing Sites and other Useful Links to assess your personality, values, and ideal work environment. |
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| » Client Feature |
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Ricoh is the leading international provider of the highest quality document and content management solutions for the 21st century workplace.
Ricoh Canada Inc. is a wholly owned subsidiary of Ricoh Corporation with its head office located in Toronto, employing over 650 employees nation-wide. They are pioneers in the development of computer-networked and digital multifunctional document systems and market leaders in colour and black & white digital imaging systems, facsimile products, printers, scanners, digital duplicators, document management and wide format engineering systems. |
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| Click Here to learn more about VON Canada. |
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| » HR News Article |
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| Multiple Job Offers |
| Article by: Duane Bong |
| http://www.visionengineer.com/careers/multiple_job_offers.php |
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Introduction
If you have applied to multiple companies, there can often be a dilemma when you receive your first job offer. Should you take this job or should you wait for all the other offers to come in? In the event that the company making the job offer is your first choice, there wouldn't be a problem. Unfortunately, this is not always the case. Be too hasty and you could end up regretting it. So what exactly can one do?
Steps To Take
1. The first step is to inform the other companies of your first offer. While this might sound strange, it actually increases your value and puts pressure on the other companies to make a decision. If a company has been playing along with you, they are likely to cut you free. However, if a company is truly interested in you, they will react and make an offer of their own.
This strategy isn't without dangers. If you are unlucky, you might lose the other companies and end up holding only your first offer. On the other hand, if the companies react favourably, you will end up with multiple offers.
2. The second step is to ask the company that made you the early offer for a few days to make a decision. It is usually fair to ask for a week and this should give the other companies the chance to make their offers. However, do not fall into the trap of making new job applications at this stage - there is not enough time for this.
3. If you have received multiple offers, remember to be polite and inform the other companies involved when you make your choice. All correspondence goes into your file and you might be knocking on their doors again a few years down the road.
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| » Questions/ Feedback |
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| wwwork! welcomes your feedback! |
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If you have questions/comments, or topics you'd like us to touch upon in this newsletter, please email us at readysethired@wwwork.com If you'd like to find out more about our services, please CONTACT US at (416) 922-3800 or by email, at info@wwwork.com.
We look forward to working with you!
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wwwork! is proud to be part of FirstHCM, partners in
human capital management. |
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