Nowadays, income means survival. Without it, it would be very difficult to exist in this world where money is needed in almost everything. That’s why it is important to find a career that can suffice the financial needs. But, it’s not just the financial need that needs to be met. There are other factors that need to be answered.
Finding the right job isn’t an easy thing. There are lots of opportunities available from the office jobs, to the sales to the home health aide jobs. No matter how ripe the field of opportunity, it’s easy to focus so much on impressing the right people to land a job. But, there is a risk on forgetting to ask an important question: “Do I actually want to work here?”
Some fail to look at this point and jump at the first offer. Or if you have more than one offer, you may instinctively choose the job with the highest salary. But there are other financial factors to consider, as well as the job’s compatibility with your skills, lifestyle and ambitions. To make the smart choice, evaluate other factors before making a decision.
- Benefits. Find out how much medical and dental coverage you’ll get, which flexible spending plans the employer offers and whether the company offers a pension or 401(k) savings plan — and if it will match your 401(k) contributions. Consider other financial perks like signing bonuses, home-buying assistance as well as non-financial perks like flexible working hours.
- Location. Consider locations with lower cost of living will stretch your paycheck. Check out our picks of smart cities for singles and young couples for more prime locations to consider.
- Transportation. Consider how much time you spend to get to and from work and how much it will cost you. Other than that consider how stressful the commute is, too.
- Opportunities for advancement. Seek for a company that offers advancement as no one wants to be stuck in a dead-end job.
- Work environment. This is one of the most important things to consider as you will spend most of your time in the office.
- Job security. Even if you don’t have plans on sticking for the rest of your adult life in one company, find one that is financially stable and well-performing in the industry. The last thing you want is to end up without a job because the company went out of business.