When I got my first job out of college, the pay was nothing to write home about. In fact, at the time email was still pretty new, so I would have had to literally write home about my paycheck. And I didn’t want to waste money on a stamp, the pay was that pathetic!
But what can I say? It was 1993 and the job market was the worst it had been in years, so new college grads were gobbling up any job offers they could get. I worked a second job in the evenings to bring in some additional funds, as did my live-in boyfriend (now hubby), and ate peanut butter-and-jelly sandwiches pretty much every day for lunch for a year.
And I wouldn’t trade that first job for anything in the world!
When you’re evaluating job offers, make sure to look beyond the paycheck. Yes, the bills must be paid; but a first job is not where you’re going to earn the biggest bucks. Read between the lines, briefly ignore the dollar signs, and take a good look at the offer on the table. Even if the starting salary is below your initial expectations, it still might be the job for you.
Forget friends with benefits. Does your job offer have benefits that are appealing?
1. Health insurance: With my first job offer the company was initially going to hire me as a temporary employee, thus avoiding giving me health insurance. That was a deal breaker. Health insurance coverage is a hot topic these days for good reason. One visit to the doctor’s office or emergency room can significantly set you back financially. Don’t think the job offer that has the higher salary but lacks health insurance is a good trade off. It’s not.
2. Retirement or 401(k) plans: If you’re fresh out of college, a retirement or 401(k) plan isn’t important. Quite the contrary! Despite any debt you may have, if you aren’t married, don’t have kids or own a home, now is actually the least amount of debt you’re likely ever going to have! A job offer that includes a solid 401(k) or retirement plan is one to consider.
3. Opportunity for growth: Statistics show you won’t work for one company your entire life. But does the company that wants to hire you promote from within? Are jobs at the next level of interest to you?
4. Job satisfaction: Ask anyone who hates their job. No amount of money makes you happy in a job you dislike every day. When you evaluate the duties and tasks for which you’ll be responsible, do you smile?
5. Commute time: With gas prices not likely to fall below $3 per gallon anytime soon, the commute to and from the office becomes a factor. If the higher paying job is further from home – with no public transportation options – how much of that additional salary will find its way to the gas tank?
6. Relocation package: If the job offer is in a different city, is the company offering a relocation package? Moving is a huge expense. If you know you want to live somewhere else, this could be your all-expenses-paid ticket to getting there.
7. Perks: Campus work-out facilities, on-site childcare, happy hours, company softball teams and golf leagues. All are items you might be looking for. Could make life a lot easier if you found them at the office.
I hated my first paycheck. But I loved my first job. What I learned, the people I met, the perks of the job all made it worthwhile. And I couldn’t have gotten my second job without that first one. Remember, job searching is a lifelong process. It’s understandable to want to earn a fair wage; but, don’t let the salary cause you to overlook the complete offer that’s on the table.



