Many of us will have been told that it’s good to sleep on a job offer. However, did you know that it’s actually psychologically proven that you make better decisions after having a good night’s sleep?

A job offer is exciting and it can be hard to take a step back before accepting. Reflecting on a job offer will give you chance to consider the following five important components that will impact your decision.

1. Company Culture and Environment

Consider what is the company culture like and how will this affect you.

Perhaps employees work remotely often and you are someone who thrives on being in the office and bouncing ideas off other people? Is it a serious corporate environment and do you like to have fun and be creative?

The average person spends 3,507 days at work in a lifetime so it’s essential that you are in an environment that suits you.

2. Work-Life Balance

Mark Twain famously quipped that if you “find a job you enjoy doing, and you will never have to work a day in your life.” However, many of us are not this lucky and it’s important that you have a balanced lifestyle.

Consider if you are able to enjoy your free time for leisure in the new role. Take stock of the hours you are contracted to work and whether overtime is expected in the work culture. Look over the contract for your holiday allowance and any other forms of leave.

3. Benefits and Extras

Don’t overlook the small things that can add up! Benefits and extras can be a great perk of the job that may seal the deal for you.

If the company offers such as bike-to-work schemes, healthcare insurance, discounts, or even free breakfast could save you money and are a good indicator that the company invests in and takes care of their employees.

4. Finances and Earnings

It sounds obvious but now is a great time to take stock of your finances. Look at your outgoings and how much money your need to live comfortably.

Talk to your partner or family about your plans for the future and how much you are both driven by money. Perhaps you want to save, or maybe you’d like to work less and live simply?

5. Employee Turnover

A great way to find out about a company is to investigate employee turnover. If a company has had the same staff for a long period then it’s likely that they take care of their workers. You can view reviews online to see what ex-employees thought of the company.

If you forgot to ask why the position has become available during the interview, don’t be afraid to follow up with a few questions the next day. Your employee is likely to respect you more if they know that you are considering the offer and not jumping at your first job offer!

Ready to Accept Your Next Job Offer?

Now you know five things to take into consideration when you receive your next job offer. There’s no need to rush into accepting! Make sure you sleep on it and take time to reflect on your needs as an employee.

If you enjoyed reading this article, why not look at some others from our business and finance section?