Make Sure Your Job Works for You!
When you start getting into the later stages of the job interview and people start talking about compensation this is not the time to breathe a sigh of relief.
Take note, we are talking about compensation and not just salary. A high salary can be nice but there are many other things to consider in the compensation package such as commission, health and medical benefits, paid time off and stock options. These can make up the salary difference.
Another thing to look at would be the company itself and its environment. Make sure that the person who interviewed you gives you a good chance to look around the office and see how things are being run. You can also check out how well a company rates from it’s past and present employees on a site such as www.glassdoor.com. Also you will want to consider the long term risk of your position at the company. Are you joining a company that is loosing money and may soon be making cuts or are you part of the long established core of a hundred year old company?
A long commute can be something that is a personal, but also financial, decision. Consider cost of gas, wear and tear on your car and time spent away from home. Dig a bit deeper into the role and you will want to consider traffic patterns and possibly the cost of relocating closer to the opportunity.
You can get a good idea of how the cost of living fluctuates in different areas with an online calculator like http://www.bankrate.com/calculators/savings/moving-cost-of-living-calculator.aspx which goes as far as to compare common grocery items.
You have worked hard to get a job offer, now make sure the job and the financials work for you. Do some homework and the results will bring you a long and fruitful new career!