The Best Way To Compare Multiple Job Offers
After months of interviewing, you’ve made it through the battle and survived round after round. Now you find yourself faced with your dream scenario — having multiple offers that you need to sort through and ultimately make a decision.
This post contains affiliate links, meaning, if you click through and make a purchase or sign up for a program, I may earn a commission. This is at no additional cost to you.
First of all, congratulations! You’ve been working hard, and you’ve earned this. But before making a rush to judgment, you need to take the time to understand what matters to you, and you alone, in this job.
Unless you marry up or hit the lotto (I’m personally still hoping I do both), you’re going to be spending many hours at work, so it’s important to prioritize what is most important to you in these new opportunities. It’s never a true apples-to-apples comparison, and what is important to one person may be entirely inconsequential to another.
What you choose as your inputs is up to you, but you can see an example below. For me, the people I work with, my manager, and the compensation were the top three priorities. To others, it may be the benefits, the location, or the opportunity for growth. Be honest with yourself while ranking, and group your list in buckets of importance.
In this example, you can see that the Importance Weight * Decision Factor = Combined Score. Add it all up and see what the totals are.
Does your gut decision match the total points? If so, you may have your answer. If not, reassess the importance of each of your inputs.
These ones all ended up scoring pretty close together, making my decision even tougher .You don’t even necessarily have to go with the one with the top points. This can just be a great tool to look at everything out in the open, and see how it plays out.
When you’ve made your decision, be sure you have negotiated all the terms you want, and let the company know in writing, or in combination with a phone call.
Don’t forget to contact the other companies immediately and graciously let them know you have accepted another offer. You never know when that door may open again down the road.
One final thing — I strongly suggest you take a few weeks off between jobs. It’s time to celebrate!