Finding the right job is never easy. And while it might be tempting to jump at any job offer, you want to make sure it’s the right fit. You don’t want to waste your time – time that could be better spent looking for the perfect employment.
1. What’s important to me in a job?
The first question you should ask, is one you must ask of yourself. It’s important to take the time to think carefully about whether the job is the right fit for you. So what’s important to you? Do your professional and financial goals align with the position? Whether you’re unemployed or looking to switch jobs, making a career move without asking the right questions is a misstep.
It’s important to take the time to think carefully about whether the job is the right fit for you. So what’s important to you? Do your professional and financial goals align with the position? Whether you’re unemployed or looking to switch jobs, making a career move without asking the right questions is a misstep.
Ask questions during the interview process about the actual position’s duties. Those answers are definitely important! But it’s as important to know the right questions to ask after you’ve been offered the job.
Here are some questions to ask your potential employer before signing on the dotted line of your acceptance letter:
2. Can I review the benefits package?
Benefits packages might include anything from retirement and health insurance to stock options and vacation time. Every company has a unique package, so it’s important to focus on what matters most to you.
Not all benefits start on your first day. Consider when the benefits will kick in (especially health insurance coverage) when planning your transition. For example, if it’s a month before your health insurance policy starts, you may have to think about budgeting for COBRA coverage until it does.
3. Does the company have a 401(k) plan?
A 401(k) plan is one of the best financial investments you can make for your future. A 401(k) allows tax-deferred funds into a savings account. This account is only taxed when withdrawn for retirement.
Although it’s a popular retirement option, this may not be the plan your company offers. Understanding different plan options is necessary for long-term planning.
You should also ask what percentage of your contribution, if any, is matched by the company. Asking this will also help you figure out how much you should be contributing from each paycheck.
4. Does the company have a tuition reimbursement program?
Tuition reimbursement benefits are important if you’re planning to continue your education. Keep in mind that the amount of reimbursement may be limited. There may also be eligibility requirements to keep in mind.
Knowing whether you qualify for tuition reimbursement will allow you to plan.
5. Am I eligible for bonuses? If so, is this offer base compensation only, or does it include bonuses?
Not all companies offer bonuses, and not all employees are bonus-eligible. Make sure you understand what your total compensation package entails. For example, if you receive a base offer, ask if you are eligible for bonuses and what is required to be considered. Are holiday bonuses given? Will you be eligible for one?
Sometimes, it’s about more than just the job – so make sure you’re asking all the right questions when you get the offer. For more career tips, visit accountingprincipals.com.