Getting two job offers simultaneously is something that can happen, especially if you have in-demand skills and vast experience in your area of expertise. As exciting as this might be, the hard part comes in when it's time to choose between the two proposals. You may wonder if you should join your dream company and overlook the salary they are offering, or sign with another company and be part of their growth journey, but with higher annual earnings. In this article, we explore several factors to consider when comparing two or more job offers so you can select the right fit.
How to choose between two job offers
When choosing between two job offers, you can collect and compare the information from both and analyze the pros and cons of each one. Knowing what features you might compare and what benefits are important to you is essential to make the right decision. Here are 10 helpful steps on how to choose between two job offers:
1. Wait for a written offer
Before making any decision, wait for a written job offer letter from both companies. Receiving verbal offers can be a good start, but a written offer is more convenient as it confirms that you are on the right path to securing a position. The job offer letter might include valuable information that can help you better assess its features. Some of the key elements in the formal offer include:
- job status or role
- job duties and responsibilities
- conditions of employment
- salary information
- starting date
Being positive and proactive can help turn a verbal offer into a written document. Approaching the recruiter or the HR manager from both companies and asking for a written offer letter that can help you make a decision can reassure you that your offers are valid.
Related: [How to Professionally Accept a Job Offer (With Examples)](https://ca.indeed.com/career-advice/finding-a-job/how-to-accept-a-job-offer)
2. Compile more information about both employers
Consider the information you have about both companies just after the interview. Now that you have an official offer in place, it's time to research deeper. Any of the two can be your new workplace, and knowing each company's reputation is important for your career progression and overall happiness.
Find out more about the company size, history, values, and standing in the community. Delve further into the company's policies in relation to holidays, frequency of salary raises, health coverage, shifts or work schedule, management, work environment, performance bonuses, profit-sharing, and travel stipends. Having the right information at your disposal may help you make the right decision.
3. Create a comparison chart
Choosing between two job offers can be exciting and overwhelming at the same time. That's why it's important to create a comparison chart to help you evaluate each job offer without biases. A good comparison chart includes a list of your most preferred priorities, or what you consider most important to you, like job description, location of the office, remuneration, job duties and responsibilities, career advancement, networking, travel opportunities, and commuting expenses. After making the list, evaluate what each company offers. From that comparison chart, you can now easily tell which offer better fits your needs and priorities.
4. Consider your long-term career goals
Career progression is an important factor to consider when choosing a job. The world is ever-changing, and the job market is becoming more competitive every day. Many people aim to advance in their careers and gain more knowledge and expertise. As much as you have proven to the two companies that you are the right person for the job, your long-term ambitions are equally important.
Consider how each job aligns with your long-term career goals and how it can help you achieve them. Think about the potential of each company before settling on one. For example, if you do more research, you may find out that a company is just a start-up business, but it might have more opportunities for growth compared to more established companies.
5. Assess the culture of each company
Every company has a culture, which is a set of core values that all employees embrace to guide their attitudes, behaviours, and interactions at the workplace. Since you already have multiple job offers, it only means that your potential employers have already identified you as an ideal cultural fit for the opening. Now, it's up to you to find out more about the culture of each employer to decide if you'll be happy there.
Learning more about a company's culture is easier than you may think. You can collect more information about their work environment by asking former employees, people from the community, or even current employees. Reading online company reviews is also great for researching a company's core values.
Related: [How to Learn More About a Company's Culture](https://ca.indeed.com/career-advice/finding-a-job/what-are-some-cultural-questions)
6. Learn more about your prospective manager
Your prospective manager might have a major impact on your experience and career progression. A supervisor can build and mentor you or delay your growth, depending on their management style. Working with an excellent manager can motivate you to give your best at work. The manager can help you make the transition into your new job quickly so you can focus on improving your performance while developing your professional skills and expertise. Good managers can identify and harness your strengths while improving your weakness so that you can become an expert in your job.
You can evaluate the management style of each company by speaking to current employees or by meeting with the managers and gauging their personalities from your conversations. Pay attention to the work atmosphere in the office and the communication process between managers and subordinates.
7. Consider non-monetary perks
It's common to look for a high-paying job with lucrative bonuses and perks. A good salary is paramount to your personal satisfaction, and it also shows that your employer values you. While weighing your salary expectations, consider the non-monetary perks that come with the role.
Sometimes it's beneficial to have a modest-paying job that offers other non-monetary benefits, such as greater exposure, free travel opportunities, more responsibilities, and leadership roles. These perks can help you learn new skills and build your career in the direction you want, especially if you're happy to take on the increased responsibilities. A high-paying job may give you all the money that you expect to achieve your life goals. The non-monetary perks may provide you with a platform to build your skills and enhance your knowledge.
8. Ask for more time
Asking for more time can help relieve the pressure and allow you to make a sound decision, as deciding while under pressure can lead to mistakes. Be your own advocate and explain to both companies that you require more time to decide. Many prospective employers are understanding and are more than willing to give you more time to consider your choice.
Their reaction to your request can tell you more about the company's culture and how they treat potential candidates. If a company reacts negatively, then that's possibly a red flag concerning enough for you to reconsider the offer. A company that truly values your skills and what you can bring to the business may consider giving you a sensible amount of time to decide. Take two to three days to decide after going through your comparison chart.
9. Trust your instincts
Deciding between two job offers has its fair share of risks, and this is where the importance of trusting your inner voice comes into play. After carrying out thorough comparisons and researching deeply about both companies, you may notice one or two factors that keep you from advancing toward your dream job in a particular company.
Everything might seem right about the company, but if your instincts are telling you otherwise, it may be time to reevaluate. If you didn't feel excited about the prospects of working with that specific company, then you may want to avoid choosing that option. It may be better to be in a less prestigious job and happy than working in a place that you don't like.
Related: How to Quit a Job the Right Way
10. Make your decision and tell each company promptly
Receiving two or multiple job offers is undoubtedly exciting. After deciding, prepare written answers for both companies. Be honest and show gratitude to both, express excitement to your new employer, and ask for all the details you need to begin in your new position.
When writing the message to dismiss one offer, try to compliment their attributes and reputation in the industry, and refer to a pleasant moment during the interview. Remember to thank the interviewer for the opportunity and wish them well in their search for the right candidate.