Post-job offers can be SUPER exciting! And also can bring on other feelings like hesitancy, nervousness, happiness, etc. You may be tempted to accept the job offer right away. However, it’s completely acceptable to take time to process the offer. This will give you a chance to review finances, benefits, and decide if it’s truly what you want. But how long do you have to evaluate? Read more to get the details.
Why Some Job Offers Are ‘Urgent’
Most companies plan for a quick turnaround. Every day that position stays open, is a day that the company is without the skills and value of that person. If the position is a vital part of the overall company, their absence could be inhibiting profits. The sooner they can fill the job, the sooner they can get the day-to-day process back on track.
Delaying your decision can end up hurting both parties. Most companies fear when candidates ask for extended time to consider an offer because it usually indicates they are considering other offers and could accept another position. From the candidate side, if you delay too long, the company may hire someone else who is less hesitant. For these reasons, it’s understandable that both parties would want to come to a quick resolution.
How Long You Can Wait
Normally the timeframe of accepting or declining an offer is just a few days. For example, if an offer is extended to you on Monday or Tuesday, you should respond by the end of the week. For an offer made on Thursday or Friday, you should let them know by Monday. At the end of the day, companies want someone who is genuinely interested in working for them.
Lastly, if you’re wondering how to utilize that time period, consider factors like the commute, the salary, and the job fit. Is it a parallel with your career path? You could also put together a budget based on your new salary to figure out how it would affect you financially. If you do have any questions, make sure you ask them early on so you can have enough time to get answers and factor them into your decision. Remember, ignoring providing an answer could motivate them to extend an offer to someone else.
Accepting a job offer is a huge decision! So do your evaluating early on and don’t wait!