You’ve finally made it and gotten a solid job offer, but are you celebrating too soon?
While it’s a struggle to get noticed by HR and hiring managers for coveted positions, you may encounter a rare situation when you interview for more than one role – ending up with an offer from one employer while you’re waiting to hear back from another (which you prefer more).
While it may have taken a lot of work get your first “real” offer, you shouldn’t accept simply because it’s the only one you’ve received.
How can you manage this difficult scenario of risk versus reward?
1. Understand hiring timelines
In an ideal world, you would hear from both employers at same time.
Since this isn’t likely to be the case, anticipate the crisis by asking about deadlines during your interviews.
If you know a decision won’t be made for weeks yet, you may need to make a calculated gamble, or accept the initial offer.
2. Review the offer
Gaining more information may help you simplify a tough decision.
It’s easy to get caught up in the excitement of an offer coming your way. Take some time to review the offer itself and ensure you understand how it compares to the job you are hoping to land.
If there’s a significant difference in the opportunities, you may need to reflect on your short- and long-term goals before making a decision.
3. Indicate that you have an offer
By sharing that you have an offer, you’re communicating openly with your potential employer and hopefully encouraging them to make a decision before your window of availability closes.
It’s important to consider all of the available facts before making this move. Some employers may be skeptical and doubt your honesty, while others may appreciate the disclosure and use it to their advantage.
You may have to rely on your overall impression of how well you fared in the hiring process – and how open your prospective employer is.
4. Ask yourself – does the offer give you at least 75%?
You can never have it all (at least not right away), so you need to know your priorities.
Do you value workplace culture and mentorship? Or are you looking for a big challenge and creative freedom? Is it the money or the dream that you need now?
There are a lot of questions to consider, but if you feel the offer does not satisfy your needs and values, it may be time to walk away.
Like any job hunter, you need to consider your personality and values when making this decision – are you a risk-taker, or do you lean towards caution?
Be confident, don’t look back and remember you are still young, so there’s no such thing as mistakes, only lessons that will drive you forward.