You’re smart, educated, and in demand. You’ve been working diligently to apply for jobs, got a bunch of interview offers, passed pre-screening questionnaires, phone screening interviews, and panel interviews. You’ve attended nerve-wracking, brain-hurting technical interviews and full-on day-long onsite interviews. Perhaps, maybe because you’re incredibly busy, you’re a glutton for punishment, you thrive under pressure, or you just don’t want to draw out the hideous anxiety, you’ve managed to arrange all the interviews in a super short space of time, like Xiaohan Zeng who interviewed at five top tech companies in five days. And, after all that, you’ve impressed the recruiters so much, you’ve got more than one job offer. That’s massively impressive. Well done! But now, you’re faced with comparing salaries. This is not easy – and can be almost as stressful as all the hard work and interviews that got you here. After all, comparing salaries, compensation packages, and job offers is so important to your future – your financial security, your job satisfaction, your overall happiness. So we’ve put together a guide to help you compare salaries and choose the right job offer.
And again, well done for getting this far – it’s an awesome accomplishment!
What the Offer Should Look Like
It’s not all about the money. Yes, obviously, that’s a huge part of comparing salaries, but it’s about the entire compensation package. Whether you’ve got offers from big corporations or promising startups, your offers, depending on your industry, should include the following:
- Base salary
- Signing Bonus
- Yearly Bonus
What you’ve got to do is get in the right mindset. Examine each element and figure out where it sits in terms of importance.