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FactorHub Pricing Example: Evaluate A Job Offer

Based on Template Evaluate a job offer Version 1.0

Instructions:

1. Find a descriptive job offer online or offline.
2. Answer each statement below by asking, "Does this apply to the job?"
3. Choose the whether it applies or not.
4. Some statements should be evaluated in logical order - Drive less than 20 minutes, Drive more than 20 minutes.

Factors
Knowledge
Company does not offer tuition reimbursement benefits Company does not reimburse for costs associated with continuing education.
Company offers 1 week of training Training is important for increased job performance.
Company offers 2 weeks or more of formal training Two weeks allow you to choose at least 2 or more different skills to learn per year.
Company offers formal orientation Orientation allows you to ease into the new organization, meet others, and answer questions about smaller details of the organization's history, products, and culture. You start building your network here.
Company offers on the job training only Your skill set might informally improve because of this position. Most likely your skill set will grow stale over time, unless you spend your own money on training. close Equivalent to 0 weeks formal training, otherwise known as informal training.
Company offers tuition reimbursement benefits These programs encourage employees to work on their MBAs or other advance degree programs and stay employed. close Tuition reimbursement is a type of training program to increase your skills by taking college courses and receiving funds from the company. Could be offered to employees and their family.
Position does not pose adequate challenge to your skills You will get bored easily at this job. close Based on your skills and what you know on the job - it seems to be a cake walk - or something you have done before and may have already mastered.
Position provides adequate challenge for your skills Job makes good use of your skills, and may not lead to boredom easily.
You are certified/licensed in a specific skill needed for this job Being certified/licensed in skills that interest the company should increase your pay. close A client should value your skills, and certification/licensing is a simple way to show what you know. Certified employees typically earn more.
You are not certified/licensed in any specific skill needed for this job Being certified or licensed in skills that interest the company should increase your pay. close The job requires certain skills that you have, but you are not certified by a 3rd party demonstrating you have the knowledge.
You have between 2 and 10 years work experience You are in mid career, but have growing expertise through experience in compared to most workers.
You have general knowledge or experience with required skills for this job Your knowledge in the required skills is at a generalist level. You have had some training or experience.
You have less than 2 years work experience You have had less than 2 years experience with the required skill(s). Otherwise known as entry level.
You have over 10 years work experience You are a senior person with knowledge and experience greater than most workers.
You have specific knowledge or experience with required skills for this job You are considered a specialist in this area. You have had extensive training and/or experience.
Operations
Company allows employees to apply for internal jobs Inter-company jobs are posted and available to current employees.
Company has strong track record of promoting within Company consistently evaluates employees for promotion opportunities.
Company is family size organization Typically these companies offer limited advancement and resources outside of family members. close Company is family run, non-franchised with very small related staff. Might also be considered a mom-and-pop.
Company is large size or public organization Employee count is greater than 500 or public company listed on major US stock exchanges.
Company is medium size organization Employee count is between 50 and 500 or public company listed on regional US stock exchanges.
Company is small size organization Employee count is less than 50.
Company offers basic health benefits only Might be required by local, state, or federal law.
Company offers free healthcare 100% free to you could save a considerable amount on after tax earnings.
Company offers no healthcare benefits Health benefits take a burden off of the after tax amount.
Employees are paid 100% commission with a draw Draw allows you to live on a salary until commissions exceed draw.
Employees are paid 100% commission with no draw Without draw you may be waiting on commission checks for longer than expected or go for longer period without income. close Commission without draw provides no income until commission checks.
Employees are paid after company receives payment from their clients Avoid this job if it is a non-commissioned job. Most likely company does not have cash to meet payroll obligations. close Employees are first to work, but last to be compensated. This might be a commission based job, where commission is paid after payment rather than at close of sale.
Employees are paid every 2 weeks Yearly salary is divided by 26 weeks and paid biweekly. Hourly employees are paid for hours worked that 2 week period.
Employees are paid once a month Monthly salary is paid in one payment per month.
Employees are paid twice a month Monthly salary is paid in two equal payments per month.
Employees are paid weekly Yearly salary is divided by 52 weeks and paid weekly. Hourly employees are paid for hours worked that week.
Employees eligible to receive over a 10% pay increase each year Growing your pay at such a large rate means you can quickly overcome low starting salaries.
Employees eligible to receive up to a 10% pay increase each year Pay increase can be up to 10%.
Employees eligible to receive up to a 5% pay increase each year This increase is just over a cost of living adjustment (COLA)
Employees get 1 week vacation on hire This is less than the typical 2 week vacation period.
Employees get 2 weeks vacation on hire Normal amount of vacation in the United States.
Employees may not receive a pay increase each year Company has short term vision of employment, and probably does not offer great long term options.
You must relocate and company pays relocation expenses They pay some, most, or all of the relocation expenses with this job.
You must relocate but company does not pay relocation expenses You may be able to negotiate some alternative form of relocation benefits. close Relocation is required, however company is not offering to pay expenses for you to relocate.
Service
Company culture encourages winning at all costs Your value system may be compromised throughout the course of the job.
Employees work 10 hour shifts Work day is 10 hours long.
Employees work 12 hour shifts Work day is 12 hours long.
Employees work 8 hour shifts Work day is 8 hours long.
Manager management style is autocratic An autocratic manager dictates orders to their staff and makes decisions without any consultation.
Manager management style is consultative The manager will ask for opinions from their staff, but ultimately makes the final decision.
Manager management style is democratic A democratic manager delegates authority to his/her staff, giving them responsibility to complete the task given (also known as empowerment).
Manager management style is Laissez Faire Manager is there to coach, answer questions, and supply information. They give staff the freedom to complete the task as they see fit with minimal involvement.
Position allows 0% remote work Travel to organization's work site is required, with no remote work avaliable.
Position allows 100% remote work No travel to organization's work site is required. All work is performed at your own home office.
Position allows 50% remote work Half of the job requires travel to organization's work site, and the other half of work is performed at your own home office.
Position does not involve on-call outside of normal business hours Job duties take place only between normal business hours.
Position involves collaborative work environment Collaboration and teaming is required for success.
Position involves individualistic/independent work environment Lone wolf type of position.
Position is critical to mission of company You are critical to the operations of the company. Your absence may cause significant delays or issues.
Position is scheduled as 3 day work week Work week consists of 3 consecutive work days.
Position is scheduled as 4 day work week Work week consists of 4 consecutive work days.
Position is scheduled as 5 day work week Work week consists of 5 consecutive work days.
Position is scheduled as 6 day work week Work week consists of 6 consecutive work days.
Position is scheduled as 7 day work week Work week consists of 7 consecutive work days.
Position requires you to be on call outside of normal business hours Constantly being on call could easily impact your family life with interruptions. close This may be answering support calls after work, having to return to work after you left for the day, working on the weekends, or being called in on your scheduled off days.
Strategic
Company considered one of best places to work As rated in top magazines like Fortune, BusinessWeek, Wall Street Journal, or other leading publication.
Company has laid off/downsized in last 6 months Since severance packages are typically calculated by length of service - you may want to negotiate fixed severance. close Company had a layoff recently, and maintains a fair chance of having additional layoffs.
Company has not downsized in last 6 months Company is advertising stability.
Company has not restructured organization in last 3 months The company has not reorganized it's structure or leadership in the last 3 months.
Company has restructured organization in last 3 months The company has reorganized the structure of it's organization or leaders.
Company is a laggard in their field or industry Company is not considered to be prestigious.
Company is a leader in its field or industry Working for this company is prestigious because of it's industry rank, and could lead to additional opportunities by having on your resume.
Company is not considered one of the best places to work As rated in top magazines like Fortune, BusinessWeek, Wall Street Journal, or other leading publication.
Company is relocating/opening office in your area This could be a ground floor growth opportunity with an established company. close The company may be opening a branch office, a division, or moving the headquarters to your area.
Company offers a 401K retirement plan with matching Company matching contributions to your 401k is an easy way to build wealth.
Company offers a 401K retirement plan without matching While this is a basic retirement benefit, company matching grows your retirement fund quicker. close Employees can contribute to a 401K. Company does not match employee contributions.
Company offers stock options on hire Based on factors you may control and others like market environment, these could be worth a great amount of long term monies.
Company offers yearly bonus Bonuses offered on yearly basis correlate your success to the organization's success.
Position is component of well defined career path Company has defined process and timeframe for promotion or advancement within the organization.
Position offers quarterly bonus Bonus reflecting your performance value is given quarterly.
You did not receive a merit increase last year This is motivation for leaving current job, or finding employer that abides by these practices. close Your raise was based on cost of living only with no additional monies given.
You have been promoted within last 2 years You have received a promotion and have been asked to assume more responsibility.
You have not been promoted within last 2 years You have worked with the same level of responsibility for over two years.
You received a merit increase last year Your raise was based on merit in addition to cost of living.
Time
Company culture encourages late hours Employees tend to put in whatever hours are necessary to meet tight schedules.
Company is a mid-term company Company has been operating between 5 and 20 years
Company is a "startup" Company has been operating less than 5 years
Company is established Company has been operating for more than 20 years
Position is seasonal Job is not year round, fluctuating with seasons, semesters, or other factors.
Position is year around or non-seasonal Work is not seasonal.
Position requires attendance at after work functions regularly Company has many functions after hours that may impact family life.
Position requires weekend work Saturday and/or Sunday work is required.
You expect to retire from this company You have a long term view of the company, and do not plan on seeking employment elsewhere.
You expect to work at company for at least 1 year Contract or expected duration is at least one year.
You expect to work at company for at least 2 years The contract or expected duration is at least two years.
You expect to work at company for at least 5 years The contract or expected duration is at least five years.
Travel
Company allows you to keep job travel perks Company allows traveler to keep/take advantage of traveling perks: air/car/hotel loyalty points, credit card points, upgrades, etc.
Company does not allow you to keep job travel perks Company does not allow traveler to keep/take advantage of traveling perks: air/car/hotel loyalty points, credit card points, upgrades, etc.
Position includes travel to glamorous places New York, San Francisco, Atlanta, Dallas, Chicago, Denver, Seattle, Los Angeles, Miami, Orlando, Honolulu. London, Paris, Rome, Dubai, Moscow, Tokyo, Beijing, Sydney.
Position includes travel to unglamourous places Kansas, Alabama, the desert, etc. You determine your own preferences here. Both Kansas and Alabama have much to offer to the traveler or tourist.
Position requires 0% travel Your work does not require you to be away from your home any nights per work week.
Position requires 100% travel Your work requires you to be away from your home all nights per work week. Typically 4 nights of 5 day work week.
Position requires 25% travel Your work requires you to be away from your home for 1 night per work week.
Position requires 50% travel Your work requires you to be away from your home for 2 nights per work week.
Position requires 75% travel Your work requires you to be away from your home for 3 nights per work week.
You will commute between 20 and 40 minutes Job is average commute from your home.
You will commute greater than 40 minutes This is a very long commute that eats up most of your off-hour time.
You will commute less than 20 minutes The job is relatively close to where you live.