Factors to Consider

An employment offer represents a very important decision for both you and the employer. When you receive an offer, there are many aspects to consider in your decision-making process. It is critical to think about what factors are important to you in a job and work environment, and to weigh each factor based on what you value most. When evaluating a job offer at a particular company, prioritize these factors.

Compensation

Base salary is just one component that is included in employment offer packages. In addition to salary statistics for Olin Business School, the NACE Job Seeker Salary Calculator also provides salary data to assist you with your salary search and career planning.

Other Factors Beyond Compensation

  • Work/life balance
  • Personal values
  • Level of responsibility, challenge and intensity
  • Team versus independent work environment
  • Opportunities for advancement
  • Learning, helping and decision-making opportunities
  • Corporate culture and diversity in the work place
  • Physical environment and working conditions in the work place
  • Geographic location and travel opportunities

If necessary, arrange a phone call with the hiring recruiter to ask additional questions. When preparing questions about other position details that have not been addressed, consider the following:

  • Does the company clearly define your responsibilities in the job description?
  • Do you understand the reporting relationship and organizational structure?
  • With whom will you be working?
  • Have you met your team members?
  • What else do you need to know to evaluate if the culture is a good fit?
  • Given the company’s financial performance, are you taking any short-term or long-term risks in accepting the position?
  • What formal, informal, on the job or external training does the company provide?
  • When and how does the company evaluate and reward performance?
  • When are typical raises and bonuses for employees at your level?
  • When is the starting date?
  • When and how does the company provide relocation assistance?
  • Do you understand the benefits package, which can add another 30 to 40 percent to your compensation?

Career advising appointments can be made in person by stopping by the WCC, Knight Hall 210; via wcc@olin.wustl.edu; or phone 314-935-5950.

The Career Guide is a reference tool that complements OlinCareers. Stop by the WCC to pick up the latest issue.