Having multiple job offers on the table is a good “problem” to have.
But it can also be stressful.
How do you decide which job to accept?
We can help.
We’ll explore the nuances of evaluating multiple job opportunities (and share how to politely decline alternative job offers) so you can confidently choose the job that’s right for you.
How to navigate multiple job offers
Say “Thank you”—not “Yes”…yet.
You don’t have to give a definitive answer to a job offer right away, especially if you have other offers in the pipeline to consider.
As a matter of fact, some employers expect that you’ll want some time to think about the offer.
Make sure to respond with at least a “thank you” within 24 hours of receiving the job offer—and be sure to express gratitude and excitement for the opportunity.
Then ask when they’ll need your final decision.
It not only gives you a timeframe to work within, it shows respect for the hiring manager’s time.
At the end of the day, the most important thing is that you give yourself time to carefully weigh each opportunity and gather any additional information you need to help with decision-making.
Evaluate the offers.
Learn as much as you can about each opportunity. Factors like compensation, company culture and career advancement all play a part in job satisfaction—and there’s evidence of that in today’s job market.
According to this recent labor market survey, job satisfaction in wage, nonwage benefits and promotion opportunities have declined over the last year, which could be attributed to the wave of job-hopping that occurred during the same period.
It’s important to know what you value, are hoping to gain from your next job, and research employers before accepting a job offer. So that you can choose the role that makes the most sense for you. Here are key things to consider:
Compensation and benefits
Pay isn’t the only deciding factor, but it’s helpful to know that what you’re being offered is on par with industry standards—which can vary based on the location of the employer. What are the pay differences between the jobs, if any?
It’s also important to weigh the benefits offered, such as healthcare, PTO, commuter benefits or other job perks. Benefits can affect your take-home pay and there may be healthcare benefits or other perks that can make a huge impact on your life.
Workplace culture can determine your compatibility with an employer. Look for an employer that shares your values and provides things that would keep you motivated for the long-haul, such as a sense of purpose, work-life balance or even communication style.
To gauge work culture, seek out evidence. Review company websites, look at their mission statements, social media presence and read employee reviews—if possible, by employees that worked in the same departments as the positions being offered to you.
Skill development and promotion opportunities are crucial to consider when evaluating job offers. Choose the position that provides valuable learning experiences and access to people that can help you grow in the direction you want.
Do any of the employers invest in their staff with training or mentorship programs?
If growth opportunities are unclear, don’t hesitate to ask the employer follow-up questions.
How to decline a job offer
Once you’ve chosen the job you plan to accept, politely decline the other offers.
When informing employers of your decision, let them know you are grateful they considered you for the position. And if you want, you can share one factor that influenced your decision. Just remember to keep it brief—and to be kind.
Be sure to also thank the hiring manager for their time and for sharing their insight on the company and the role.
Remember, even though you’re declining a job offer, maintaining professionalism is crucial and keeps doors open for future opportunities. This could be a valuable future connection and you never know where you’ll meet again.
Knowing how to handle multiple job offers will help you determine what the “right job” looks like for you.
Navigating a job search on your own is challenging—but it doesn’t have to be. Consider partnering with a staffing agency. You’ll not only have someone on your side to help you find a job that aligns with your career goals and fits your life, you’ll also have someone to help you if you find yourself choosing between multiple job offers.