Tips for Evaluating an Executive Job Offer
Now that your high-impact executive resume and polished interviewing skills have landed you an offer for the new executive position of your dreams, what do you do next?
It's time to sit down and seriously evaluate the offer on the table.
First and foremost of course is the compensation package. Is it reasonable, commensurate with the level of responsibility and scope of the role? Is it in line with the market? Can you live on it comfortably?
Assuming that you've been offered a base salary and other compensation in line with your needs and current market conditions, there are also other considerations. You'll need to look at:
* The corporate culture
* Whether the commute will be tolerable
* Compatibility with your boss and team
* The physical environment (e.g., lighting, workspace privacy)
* The title - will it be perceived as a step up or down?
* Does the offer include IN WRITING things you discussed such as bonuses, paid time off, remote work, flexible hours, etc?
* Does the company seem to value work/life balance?
One thing to remember is that it is NOT OK to go back for more after you have already accepted an executive job offer. Imagine how outraged you would be if a car salesman came back to you after you'd accepted a deal and told you the price had gone up by several thousand dollars. A deal is a deal.
The infographic below put together by staffing firm Advanced Resources summarizes it well. You may also find these previous related blog posts to be helpful:
Executive Salary Negotiation: When It’s Time to “Show Me the Money”
Know When to Quit Negotiating on the Job Offer
Play Your Cards Close to the Vest When Employers Request Your Current Salary