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November 30, 2012

Looking beyond Salary

On being offered a job, there are few aspects you must keep in mind before accepting it. The compensation package may be at par with your expectations, but stop for a minute and think: is the financial angle everything?


Job Profile


Be clear about the responsibilities of a role before you take it up. If there is a confusion or doubt in your mind, speak it without any reservation during the interview or over e-mail.


You must be aware of the level you are about to enter – junior, mid level or senior management levels. You should have a fair idea of the size of the department relevant to you. Understand what is expected out of you, and be sure that it is what you want to do. There may be room for you to learn or join a training programme, but the overall picture must be what you want to be part of.


If you enjoy what you do, and do what you enjoy, your productivity would be at its very best!


Perks


Your perks are part of your overall cost to the company (CTC). Defined amounts are deducted from your monthly salary and are given to you at particular intervals. For example, you may claim your Leave Travel Assistance (LTA) once in every two years. If you don’t, you would be paid the amount that has been accrued over each financial year after deduction of applicable taxes.


You must have a clear idea about the breakup of your salary, so that you are aware of the net amount you would be paid every month and plan accordingly. It also helps you to do tax planning beforehand.


Company Profile and Reputation


Even before you appear for the initial round of interview, get yourself conversant with the company you are about to be associated with. Look up the company's website, if there is one. Once you have been shortlisted and offered a position, read more about the company to appreciate its reputation in the industry. Speak to your seniors in the field about their knowledge about the company.


Gain a fair idea about the kinds of services offered by a company, its past track records and its vision. Go through the details of projects taken up and/ or completed by the company in the last decade and the present bounty in hand.


Scope of Professional and Personal Growth


As a company grows, it is important for you to grow professionally and also as a person. You should get yourself abreast with the policies of the company that pertain to sending you for training programmes – technical as well as those for soft skills like personality development, presentation, management and oral skills.


You must join the company with the intention to work for at least three to five years. Visualize your stature in the company and the professional industry at the end of that period. Be sure that your vision for yourself for future fits in the overall growth mission of a company.


Daily Commuting distance


An individual tends to overlook this aspect often, but it is a very crucial factor in taking up a job. If you have a job that requires you to visit different locations in the city per day, you must gain an idea of the average distance you would be travelling. On the contrary, if you are required to report at a particular office, assess the distance between your home and workplace and the time you would be required to invest in just commuting between these two places every working day. Daily commuting for long distances tends to become tiring and strenuous, especially if you are driving to work. Long travelling times imply that you spend less time at home for your working hours are usually defined.


There are many people who opt for jobs closer to their homes even if the salary is lower. One may shift to a location near his office, but it is not always possible; especially if there are other working members, school going or college level students in the household.


Travelling for work


A company may have its head office in one city, branch offices and site offices in other cities. Similarly, it may have projects at a location away from the city you are based out of. Your new role may require you to travel to the project site – you should better be clear about the frequency of travel, average duration of trips, etc before you say yes to a particular job. This becomes critical if your family stays with you – you may have a wife staying at home and a baby who can manage without you for a day or two, but it becomes difficult for long trips. Again, you may be a working woman and a trip longer than a couple of days may jeopardize your work – home balance!


Transferable jobs


Evaluate the pros and cons before saying yes to a transferable job. It may not be an issue if you are transferred between various offices in the same city, for example, a banking professional may get located in a different branch of the bank, but in the same city. But sometimes, if you are posted in an outstation location such as a site office for a definite tenure, it may be difficult to move with your family tagging along with you. It is a bigger challenge to stay away from them. So take your decision after appreciating all the aspects at stake.


Know your colleagues


It is not possible to know your colleagues before joining an organization, but you can get a fair idea at this stage. Assess the average age of employees, their experience and their general feeling towards the management of the company. A young workforce exudes enthusiasm while an experienced lot have a lot of industry knowledge you can gain from. So, choose a job with a company that has a balance between senior and young professionals.


Best of luck for selecting the perfect job for you!

Tags : looking beyond salary, factors affecting job offer acceptance, job offer

About Anupama

A Transport Planner and Architect, Anupama has been blogging for about six years now. She has taken up professional content writing for the last two years, and can always be contacted for any assignments or queries. Her strength is original presentation of any topic.