Compensation & Negotiation

Evaluating a job offer involves much more than attaining a high salary.  Some of the benefits that may be offered by the organization/company include:

  • Medical insurance plans (including options for dental, eye-care, mental health counseling) company share, deductible, percentage reimbursed, choice of care providers (HMO, PPO, or HDP)
  • Insurance: Life, Disability, Accident, Long Term Care – size and scope, costs, payments, company share
  • Vacation / Paid Holidays – the number of days first year, the schedule for subsequent years, compensation for unused days, carry over, the flexibility of usage, personal holidays, 
  • Sick Time and Leave –sick days and sick leave (short-term and long-term)
  • Transportation Expenses – company car/allowance in lieu of company car for automobile expenses or public transportation pass/reimbursement, parking allowance
  • Expense Accounts – floating allowance, reimbursement process
  • Company Product Discount Program – i.e., discounts with national and community vendors (cell phones, repairs, childcare, car rental, gym memberships, etc.)
  • Company-paid Relocation Assistance – moving costs, hotel, travel, and mortgage assistance
  • Professional/Trade Association Membership and Dues – certification or license costs reimbursed, association meetings or programs
  • Educational Assistance Programs / Professional Development –  university tuition grant for self and/or dependent children,  cost reimbursement/remission, training and development
  • Employee Assistance Programs (EAP) – counseling for employee and family (marital, emotional, and other mental health issues), substance abuse, financial problems, legal advice, etc.
Navigating this final stage of the job search process can be difficult and stressful, so we put together some information to help you understand what to consider when responding to job offers (total compensation) and included tips on negotiating your job offer(s). Please see:

 

 Additional Resources: