Comparing two or more job offers

Are you feeling on top of the world after receiving three or more job offers? After all the hard work you put in while job hunting, you must surely be relieved. But wait! You may soon have to decide which one of these offers to accept. You are now faced with the daunting task of picking one offer that gets you the best deal. How does one find out?

There are a few points that must be kept in mind while analyzing the pay packet. Instead of only looking at who's paying the highest salary, take a close look at the benefits that are being offered in the pay packet. After all, benefits form a major percentage of your total compensation.

Take a hard look at the benefits that are being offered like the pension plan, medical insurance and life and disability insurance. Medical and pension benefits play a major role in the course of life and have to be considered in the final financial analysis.

Apart from the salary and compensation there are a whole lot of other factors that need to be considered too. What's the reputation of the company? How interesting is the work allotted to you? Another major factor to be looked into is the company's policy on offering hikes. After all, you don't want to be stuck in the same place. You need to see how to climb upon the ladder.

Other factors that may seem attractive and may add some extra value to the deal would be paid holidays and vacation time. The corporate culture prevalent in the company and the quality of life in terms of availability of good schools, social life are also worth considering.

Depending on your needs, you must also look into the working hours, how flexible these timings are and the commute from your home to the work place. If employee stock options are available, that's a major advantage too. So take your time before you choose a job offer and give due consideration to all these aspects of your pay packet.