Reference Checks are complete; it is now time to make an offer. Hopefully you have gathered enough information to make a decision. Making the offer will make or break the job searcher’s decision. If you have done all your homework during the recruitment process, you will have an idea of what the job searcher is looking for. You will also have to keep in mind what your budget is. Here are a few other things to consider when drafting your offer.
- The Alberta Labour market is moving from a position where there is a balance between open jobs and qualified candidates to one where there are more jobs available and not enough qualified workers to fill them. We are quickly headed back to the Employee’s market that we saw in 2007 -2008.
- You should expect the job searcher to negotiate for higher wages and most likely come back to you with a counter offer.
- A job offer should include the following information depending on what your company offers; salary, vacation, benefits, pension and RRSP’s.
- Once all decisions have been made and you have determined the compensation that will be offered, phone the job searcher and offer the position over the phone. Extend an invitation to the job searcher to come into the office to review the particulars. Do not pressure them to accept at this time. While they are in the office, you will be able to go over the offer in detail.
- Prepare for negotiations. Know ahead of time what your limits are and be prepared to move on to your second choice quickly if the first offer does not work.
In a labour market where employees are in demand and the skills that they have acquired are valuable, job searchers are going to take their time to make the right decision. This does not mean that you have a lot of time to make the offer. Move quickly through the process, but be thorough. Do not cut corners that can be very costly in both financial terms and reputation of the company.