Job Offer Evaluation Tool
When reviewing multiple job/internship offers, it can be challenging to determine which offer is best suited for you – based on your unique values and preferences. Some job offers will provide a high base salary with limited PTO (paid time off); others may give a lower base salary with an excellent tuition allowance. Depending on what you value most (salary, PTO, tuition allowance, etc.) will sway how attractive each offer is for you.
The Job Offer Evaluation Tool takes some of the typical components of a job offer and weighs each component based on your individual preferences.
How to Use the Tool:
Total Compensation Comparison:
- Review the listed Assessment Criteria
- Weigh each of the Assessment Criteria categories based on your individual preferences (1 = lowest value, 5 = highest value). For example: Is base salary the most important consideration to you? Enter a 4 or a 5 under “Weight” next to “Base Salary.”
- Input the data for each criterion (enter the base salary from job offer 1, job offer 2, etc.)
- After filling out as much of the information as possible, the tool will display a “Weighted Compensation Valuation Rank,” which ranks the offers based on the data you provided and the unique preferences you selected.
- In addition to compensation, there are other aspects of a job opportunity to consider. These components are often harder to assign an exact value but can still prove helpful to consider. Please review the “Other things to consider” section for more information.
Other Things to Consider:
- Review the listed assessment criteria
- Weight each of the assessment criteria categories backed on your individual preferences (1= lowest value, 5 = highest value) For example: Is growth potential the most important consideration to you? Enter a 4 or a 5 under “weight” next to “growth potential.”
- Assign a point value for each of the job offers based on each of the assessment criteria (1= worst, 5 = best) For example: Does Job 1 have excellent growth potential? Enter a 4 or a 5 in the row for “Growth Potential” in the column for Job 1
- After filling out as much information as possible, the tool will display an “’ Other things to consider’ Rank,” which ranks the offers based on the data you provided and the unique preferences you selected. This tool should be used as a resource to help you better understand how each opportunity compares to another - based on your values and preference. It should not be used as the only determinant for deciding on a job offer.