How to Deal with Multiple Job Offers
You’re a rockstar! You’ve received responses from a few different companies and are fully engaged.
But what happens when you’ve reached the final stages and you end up receiving multiple job offers? What then? How do you decide that won’t end up leaving you with serious FOMO about another opportunity you passed upon? How can you make a decision that you know deep-down is the right one? It’s a lucky position to be in, but a tough one. Here are a few tips for when you have to choose from multiple job offers and you don’t know what to do:
First thing’s first: keep your cool and don’t rush.
It’s easy to get anxious when you’re preparing to make the daunting decision of choosing where you want to work. It’s important to remind yourself that you received multiple offers for a reason. So, companies will be reasonably patient for your response.
Take time to weigh the pros and cons of each offer and decide what’s important to you
The highest offer might not be the best decision for your career growth. Try not to make your decision based solely on money. Take some time to make a list of the pros and cons to each offer, and omit the salary. This will allow you to weigh your decision on the things that are intrinsically important to you.
Identify the perks
Sometimes companies promise cool, shiny extras as a part of their compensation package. Look out for buzzword statements like “flex time” or “unlimited vacation”. These perks may not be all they’re cracked up to be. Make sure to confirm! What does flex time mean and will it apply to your role? Unlimited vacation sounds lovely, but is it realistic for the type of work that you do? Make sure you dig further into the things that you care the most about when considering total compensation.
Ask as many questions as you can!
When you’re receiving an offer, make sure to ask the leadership about important details. Even seemingly minuscule things like: When does my offer expire? This will allow you to let the other company/companies) know when you need to decide by. Thereby, allowing you space to decide where to work. When does each company need you to start by? Do they need to gather your references by a specific date? Will they be performing a background check? All of these little details that sometimes are missed can make a huge difference in the way you make a decision. Is there something one company is offering you that another is not? Let them know. You don’t want to have to end up with the realisation that you had to choose from multiple job offers and be unsure. Perhaps there is a chance the first company can match your offer. Ask as many questions about an offer as you can so that you have multiple data-points on which to measure your decision.
With all this in mind, it’s important to note that you shouldn’t waste any time: yours or theirs. This is especially important if you know deep down that a role is not for you. If you receive an offer that you’re not happy with, be honest and tell them why. If nothing can be done, let them know that you will be declining. There is always a silver-medalist candidate behind you in the works who will be next in line for that same opportunity. It’s not fair to leave a company lingering on your decision if you know you will not be moving forward. Try and give recruiters a timeline for when you believe you will have a concrete answer for them. Most often they will let you know if it’s realistic or not.
Above all: seek out advice.
If you’re having a particularly hard time deciding on multiple offers, reach out to someone. They may be one you consider to be a mentor or trusted confidante. They could shape your perspective differently. Through talking it out with someone, you may realize something you hadn’t previously considered.
Receiving multiple job offers is an exciting place to be! You deserve to be proud of yourself. But making a big decision like this can be stressful and overwhelming.