To Accept or Not Accept:
Supporting Students While They
Navigate Job Offers
Presented by
Renee Carrigan, Career Advisor
Debbie Ungson-Walbert, Internship Manager
7 P’s of Job Selection and Satisfaction
•
People (work culture)
•
Place (local culture and location)
•
Position (is it interesting?)
•
Pay (the whole picture)
•
Promotion (advancement opportunities)
•
Purpose (add value)
•
Passion (motivation)
STEP 1: Receiving the offer
•
Be gracious and enthusiastic and thank them for the offer
•
Do not commit until you receive an offer in writing, either
email or hard copy
•
Do not rush into a decision!
•
Ask for a timeline on when they need an answer
•
Research first!
•
Make sure you know who to call back for more
information
STEP 2: Evaluating the offer
Do the research thoroughly and put the 7 P’s to use!
How much do you need to make?
• Determine the minimum to make the offer acceptable
• Discretionary (or disposable) income - amount left for
spending, investing or saving after taxes and personal
necessities (such as food, shelter, and clothing)
- from Investopedia.com
Salary calculators & finances
http://www.salary.com/
http://swz.salary.com/CostOfLivingWizard/LayoutScripts/Co
ll_Start.aspx
http://money.cnn.com/calculator/pf/cost-of-living/
http://www.glassdoor.com/Salaries/index.htm
Total Compensation Value
• Salary/hourly rate
• Medical benefits coverage—include amount paid by
employee and employer
• Flexible spending account information
• Paid leave—include vacation/sick/PTO, holiday, personal,
bereavement, military pay, jury duty, etc.
• Disability insurance
• Life insurance
• Employee assistance program
• Retirement benefits—include 401(k)/403(b), pension plans,
etc.
• Educational assistance programs
• Relocation expenses
- Society for Human Resource Management
Total Compensation Value calculator
http://www.calcxml.com/calculators/total-compensation
The other 6 P’s:
People and Place
• Talk to people who work in the company about the culture
of the organization
• Google/visit company website
• Talk to folks who live in the area (if relocating)
Position and Promotion
• Do you like the job responsibilities?
• Opportunities for advancement
• Over-all career goals
• Trade offs ( eg. better health insurance but lower pay)
Purpose and Passion
• Are you a right fit for the company?
• Personal vs Company values
STEPS 3 & 4:
The negotiation & company response
• Be honest and gracious
• Listen carefully to the information given to you
• Justify your requests
• Be prompt in responding (1-2 days)
• Close the conversation with courtesy
STEP 5: Your Decision
If you accept, Congratulations! – you now have a job
Now,
•
Withdrawal from other applicant pools
•
Honor your commitment
Verbal commitment
Declining an offer is fine – just do it professionally
Renee Carrigan
438-5864, [email protected]
Debbie Ungson-Walbert
438-0613, [email protected]