5 Job Benefits to Consider Before Accepting a Job Offer

It takes hard work and lots of time to get a job offer, so your initial reaction may be to say "yes" immediately. Nevertheless, this is a decision that will impact your future in the long-term, and it deserves ample consideration. Specifically, you will want to be absolutely certain your new employer is able to offer you a reasonable level of benefits. What you consider reasonable is a matter of opinion that depends on your prior experience and level of accomplishment as well as your expectations.

Benefits beyond health insurance

Conversations around employee benefits tend to revolve around one major subject: health insurance. And there's a good reason for that, too. According to the Kaiser Family Foundation, only 45 percent of private sector establishments in the U.S. sponsor health insurance for their employees.

However, the Employee Benefit Research Institute reported that larger organizations are much more likely to offer health coverage. You can observe the following statistics:

• 99 percent of 1,000+ employee companies offering sponsored plans.
• If your job search focuses on companies with more than 100 employees, there's a greater than 90 percent chance that health insurance is a guaranteed benefit.

At that point, you should take some time to consider what other benefits these organizations can offer. To help you decide, it is useful to evaluate:

• What to look for in your benefits package
• 4 Things To Look For In An Entry-Level Benefits Package

You may also want to use Beacon Hill Data Insights to view data and analytics to inform yourself how Beacon Hill stands against the market. This is essential for understanding how to accept a job offer in the best way possible.