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Philipp Herkelmann

1y ago

Builder | former Sales @Google, VC & Venture Building @Entrepreneurfirst, Programm @GoogleX.

Before You Accept: 3 Critical Job Offer Checks for Your Next Move
Philipp Herkelmann

Taking on a new job or joining an organization can be a life-changing experience, and you should carefully evaluate if the company deserves you. My team and I have delivered hundreds of job offers and doubled our acceptance rate to nearly 90% over time.

At the offer stage, companies reveal how they perceive their relationship with candidates. Job offers often consist of many aspects, and the "all-in" value is frequently not conveyed adequately in the dry emails that deliver the offer. Good companies understand candidates' minds and goals and adapt their communication accordingly.

Check for These Three Boxes in the Job Offer

1. Do They Present the "All-In" Value & Philosophy?

The "all-in" value includes your compensation, perks, benefits, potential education opportunities, holiday policies, and even office design. While not all companies can afford luxury offices and unlimited holidays, those that care about their workforce strive to make meaningful benefits happen. According to Glassdoor, 57% of job seekers consider benefits and perks among their top considerations before accepting a job offer.

"All-in" value is about walking the talk for well-being.

2. Do You Gain Clarity About the Compensation Mechanism?

Compensation mechanisms can get complicated quickly.

On-target earnings, accelerated slopes for sales jobs, team or individual performance-based bonuses, and employee stock options pools are just a few examples. A good HR team leaves no ambiguity about your compensation terms. The best teams provide visual representations and even scenario models when making an offer. According to PayScale, companies that are transparent about pay see a 30% reduction in employee turnover.

Getting full clarity about compensation is crucial and if there is a lack of clarity on this, there will be even more in less central aspects.

3. Does the Company Put Effort Into Showing their Culture?

Make no mistake—a company is a team, not a family.

Yet, you are choosing to spend a large chunk of your intellectual and physical presence with these folks, so it's important to understand their culture. Some companies offer "value codices" or "handbooks"; the best companies include greetings from the team and have deep content around their sustainability initiatives and other cultural aspects. A survey by Deloitte revealed that 94% of executives and 88% of employees believe a distinct corporate culture is important to a business's success.

Check if the company is able to connect on cultural aspect with you.

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