If you’re choosing between two jobs, congratulations! All of the hard work from your job search has paid off.
But once the celebrating is over, you have a real dilemma on your hands. When it comes to deciding between two jobs, how can you make the right choice?
To help you make up your mind, here are six tips on comparing job offers so you can pick the one that offers you the most fulfilling future.
1. Consider how each job aligns with your long-term career goals
When you’re interviewing for a job, you want to prove you’re the best person for the role and that the organization can’t live without you. Once you have two job offers on the table, though, it’s time to consider how these job prospects align with your career goals.
Instead of focusing on what you can do for the company, consider what each company can do for you. Go over everything you learned about the job, organization, and culture during the interview process.
Then, ask yourself the following questions:
- Which job still lines up with my career goals?
- Does one job have more opportunities for growth than the other?
- Which job will challenge me?
- Which job offers me the chance to learn new skills?
If you’re having trouble deciding between two jobs, consider both through the lens of your long-term goals. Consider which position holds the most promise, and choose the one that will get you where you want to go.
2. Weigh salary with personal satisfaction
When choosing between two jobs, an easy question comes to mind: Which one pays more?
Of course, salary isn’t the only important factor. Personal satisfaction is also paramount. So what happens if the job you don’t really want pays a lot more than the one you do?
If this is the case, you’ll need to weigh whether a higher salary will make up for a job you don’t like. Sure, you’ll have more money to spend outside of work. But if you’re bored 40 or more hours per week, a higher salary might not boost your happiness much.
“My first job decision was between a financial consulting firm and an online education company,” said Augustin Kennady, media relations director for ShipMonk. “While it offered less money, the online education company was the right decision at the time. It also gave me the skills I needed to succeed in my next position.
“I strongly recommend that you decide on your job not necessarily for the money, but for how closely the offer aligns with your values,” he added.
You also might try negotiating for more money. Practice your salary negotiation tactics, and find out if you can increase your earnings or snag better benefits.
If one position’s pay is so low you won’t be able to support yourself, you should probably go with the other one. But if both salaries meet your needs, you might be better off choosing a more fulfilling job.
3. Assess the culture of each workplace
Many hiring managers assess cultural fit during an interview. They want to make sure you’ll fit in well with their organization. But cultural fit isn’t a one-way street. You also need to decide whether each company is a good fit for you.
If you’ve ever been in a toxic work environment, you know how tiring it can get day after day. Even if you’re passionate about the company’s mission, you’ll lose steam in an uncomfortable workplace. On the flip side, you might develop a passion for a company if its culture makes you feel valued and challenged.
When choosing between two jobs, learn more about the culture of each workplace. You might ask your interviewer about it or reach out to current employees. Or you could investigate employee reviews online.
“Utilizing the insights compiled by review sites is integral to seeing your work life before you live it,” said Sofia Koon, PR manager at kununu, a site that gathers employee reviews. “Just as people review everything online, why shouldn’t jobs be the same? The more research done, the more likely you are to find your champion in the working world.”
Figure out what you’re looking for — whether it’s a culture of collaboration, independence, flexibility, or new challenges. Then, opt for the company where you’d be the best cultural fit.
4. Compare your two prospective managers
Have you ever heard that people quit managers, not companies? Your direct manager has a big impact on your experience at work.
A bad manager could make you lose motivation or even want to quit, Jerry Maguire-style. But a good manager will motivate you, as well as help you learn and grow.
“One of my biggest career mistakes so far was to not assess my future manager’s skills beforehand,” said Jéssica Carmona of Guarana Technologies. “Making sure you have the right person above you is important, especially in your early years.”
Your manager might even serve as a mentor figure, guiding you on your professional development. When choosing between two jobs, learn about your potential new managers.
You might ask how they help new hires transition into the role or what promotional tracks are available. Or you could speak to current employees about their experiences with the manager.
“I make sure to ask the right questions to make sure they’ll be a good fit for me just as much as I’ll be for them,” said Carmona.”I make sure I only get placed in companies where I’ll be able to grow in a healthy environment, under managers with the right profile for my career moment.”
5. Write down a typical day in each role
If you’re wondering how to decide between two jobs, the decision probably isn’t clear-cut. Both roles have pros and cons, and neither is obviously superior to the other.
One way to cut through the confusion is to list out a typical day in each role. As you make your list, ask yourself these questions:
- What will I be working on every day?
- Who will I interact with?
- Does the job involve travel?
- What’s my commute like?
- How’s the office building?
- What are my options for lunch?
“Make a big comparison chart,” advised Valerie Streif, senior advisor at Mentat. “Having it all written out and in front of you can help you to understand what you’d be getting into with each job option.
“This can also be a way to get more information about each offer,” Streif added. “If there are pieces that you realize you are missing, you can take the steps to fill in the blanks.”
Consider all the details of a typical day in the job, and envision yourself going through the motions. If the two jobs are similar in all other respects, your choice could come to a small detail, like a shorter commute or more attractive workplace.
6. Trust your intuition
Once you’ve done your research and made your lists, step back and check in with your inner voice. Ask yourself:
- Are my lists pushing me toward one job or the other?
- Which job excites me?
- What are my instincts telling me to do?
“Trust yourself,” said Streif. “You know you and your work preferences better than anyone. If friends or family are urging you to go against your gut because one option may seem more prestigious, but you know you’d be happier with the alternative, trust yourself. It’s you who will have to work there.”
Sometimes, you have to take a risk and leap into the job that excites you. If you’re still figuring out what that is, learn how to find the right career in 10 steps.
Interested in refinancing student loans?Here are the top 9 lenders of 2021!
|Lender||Variable APR||Eligible Degrees|
|1.88% – 6.15%1||Undergrad & Graduate|
|1.88% – 5.64%2||Undergrad & Graduate|
|2.50% – 6.85%3||Undergrad & Graduate|
|1.89% – 5.90%4||Undergrad & Graduate|
|2.25% – 6.39%5||Undergrad & Graduate|
|1.88% – 5.64%6||Undergrad & Graduate|
|1.90% – 5.25%7||Undergrad & Graduate|
|2.39% – 6.01%||Undergrad |
|2.13% – 5.25%8||Undergrad & Graduate|
|Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Splash Financial.
Splash Financial Disclosures
Terms and Conditions apply. Splash reserves the right to modify or discontinue products and benefits at any time without notice. Rates and terms are also subject to change at any time without notice. Offers are subject to credit approval. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet applicable underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates are reserved for the highest qualified borrowers. If approved, your actual rate will be within a range of rates and will depend on a variety of factors, including term of loan, a responsible financial history, income and other factors. Refinancing or consolidating private and federal student loans may not be the right decision for everyone. Federal loans carry special benefits not available for loans made through Splash Financial, for example, public service loan forgiveness and economic hardship programs, fee waivers and rebates on the principal, which may not be accessible to you after you refinance. The rates displayed may include a 0.25% autopay discount
The information you provide to us is an inquiry to determine whether we or our lenders can make a loan offer that meets your needs. If we or any of our lending partners has an available loan offer for you, you will be invited to submit a loan application to the lender for its review. We do not guarantee that you will receive any loan offers or that your loan application will be approved. Offers are subject to credit approval and are available only to U.S. citizens or permanent residents who meet applicable underwriting requirements. Not all borrowers will receive the lowest rates, which are available to the most qualified borrowers. Participating lenders, rates and terms are subject to change at any time without notice.
To check the rates and terms you qualify for, Splash Financial conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, the lender will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
Splash Financial and our lending partners reserve the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen and meet our lending partner’s underwriting requirements. Lowest rates are reserved for the highest qualified borrowers. This information is current as of June 1, 2021.
2 Rate range above includes optional 0.25% Auto Pay discount. Important Disclosures for Earnest.
Interest Rate Disclosure
Actual rate and available repayment terms will vary based on your income. Fixed rates range from 2.59% APR to 5.79% APR (excludes 0.25% Auto Pay discount). Variable rates range from 1.88% APR to 5.64% APR (excludes 0.25% Auto Pay discount). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 36% (the maximum allowable for these loans). Earnest variable interest rate student loan refinance loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.04% and 5.8% to the one month LIBOR. Earnest rate ranges are current as of 6/8/2021, and are subject to change based on market conditions.
Auto Pay Discount Disclosure
You can take advantage of the Auto Pay interest rate reduction by setting up and maintaining active and automatic ACH withdrawal of your loan payment. The interest rate reduction for Auto Pay will be available only while your loan is enrolled in Auto Pay. Interest rate incentives for utilizing Auto Pay may not be combined with certain private student loan repayment programs that also offer an interest rate reduction. For multi-party loans, only one party may enroll in Auto Pay.
Student Loan Refinancing Loan Cost Examples
These examples provide estimates based on payments beginning immediately upon loan disbursement. Variable APR: A $10,000 loan with a 20-year term (240 monthly payments of $72) and a 5.89% APR would result in a total estimated payment amount of $17,042.39. For a variable loan, after your starting rate is set, your rate will then vary with the market. Fixed APR: A $10,000 loan with a 20-year term (240 monthly payments of $72) and a 6.04% APR would result in a total estimated payment amount of $17,249.77. Your actual repayment terms may vary.Terms and Conditions apply. Visit https://www.earnest. com/terms-of-service, e-mail us at [email protected], or call 888-601-2801 for more information on our student loan refinance product.
Earnest Loans are made by Earnest Operations LLC or One American Bank, Member FDIC. Earnest Operations LLC, NMLS #1204917. 535 Mission St., Suite 1663, San Francisco, CA 94105. California Financing Law License 6054788. Visit earnest.com/licenses for a full list of licensed states. For California residents (Student Loan Refinance Only): Loans will be arranged or made pursuant to a California Financing Law License.
One American Bank, 515 S. Minnesota Ave, Sioux Falls, SD 57104. Earnest loans are serviced by Earnest Operations LLC with support from Navient Solutions LLC (NMLS #212430). One American Bank and Earnest LLC and its subsidiaries are not sponsored by or agencies of the United States of America.
© 2021 Earnest LLC. All rights reserved.
3 Important Disclosures for CommonBond.
Offered terms are subject to change and state law restriction. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900), NMLS Consumer Access. If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 0.15% effective Jan 1, 2021 and may increase after consummation.
4 Important Disclosures for Laurel Road.
Laurel Road Disclosures
All credit products are subject to credit approval.
Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $4 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products and personal loans that help simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. All loans are provided by KeyBank National Association, a nationally chartered bank. Member FDIC. For more information, visit www.laurelroad.com.
As used throughout these Terms & Conditions, the term “Lender” refers to KeyBank National Association and its affiliates, agents, guaranty insurers, investors, assigns, and successors in interest.
Assumptions: Repayment examples above assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include the 0.25% AutoPay Discount.
Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.
Interest Rate: A simple annual rate that is applied to an unpaid balance.
Variable Rates: The current index for variable rate loans is derived from the one-month London Interbank Offered Rate (“LIBOR”) and changes in the LIBOR index may cause your monthly payment to increase. Borrowers who take out a term of 5, 7, or 10 years will have a maximum interest rate of 9%, those who take out a 15 or 20-year variable loan will have a maximum interest rate of 10%.
KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.
This information is current as of April 29, 2021. Information and rates are subject to change without notice.
5 Important Disclosures for SoFi.
Fixed rates from 2.74% APR to 6.74% APR (with autopay). Variable rates from 2.25% APR to 6.39% APR (with autopay). All variable rates are based on the 1-month LIBOR and may increase after consummation if LIBOR increases; see more at SoFi.com/legal/#1. If approved for a loan your rate will depend on a variety of factors such as your credit profile, your application and your selected loan terms. Your rate will be within the ranges of rates listed above. Lowest rates reserved for the most creditworthy borrowers. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers, or may become available, such as Income Based Repayment or Income Contingent Repayment or PAYE. SoFi loans are originated by SoFi Lending Corp. or an affiliate (dba SoFi), a lender licensed by the Department of Financial Protection and Innovation under the California Financing Law, license #6054612; NMLS #1121636 (www.nmlsconsumeraccess.org). Additional terms and conditions apply; see SoFi.com/eligibility for details. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.
6 Important Disclosures for Navient.
7 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
Subject to floor rate and may require the automatic payments be made from a checking or savings account with the lender. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is canceled, any increase will take the form of higher payments. The lowest advertised variable APR is only available for loan terms of 5 years and is reserved for applicants with FICO scores of at least 810.
As of 04/07/2021 student loan refinancing rates range from 1.90% APR – 5.25% Variable APR with AutoPay and 2.95% APR – 7.63% Fixed APR with AutoPay.
8 Important Disclosures for PenFed.
Annual Percentage Rate (APR) is the cost of credit calculating the interest rate, loan amount, repayment term and the timing of payments. Fixed Rates range from 2.89%-4.78% APR and Variable Rates range from 2.13%-5.25% APR. Both Fixed and Variable Rates will vary based on application terms, level of degree and presence of a co-signer. These rates are subject to additional terms and conditions and rates are subject to change at any time without notice. For Variable Rate student loans, the rate will never exceed 9.00% for 5 year and 8 year loans and 10.00% for 12 and 15 years loans (the maximum allowable for this loan). Minimum variable rate will be 2.00%. These rates are subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.