How to select among the multiple job offers in hand [in 2023]?
Note: If you need help picking, you have multiple job opportunities! This article is a must-read for you.
In this video, "Aneeq Dholakia," co-founder of Edyst, talks about The Ugly Truth About Multiple Job Offers. He discusses the criteria for choosing a company, the importance of the package and technology while selecting the job offer and location.
Overall, selecting one job offer among multiple job offers is complex, and advice from someone experienced is essential; in this case, it comes directly from the co-founder of Edyst.
What does it mean by multiple job offers?
Multiple job offers refers to the situation where an individual has received more than one job offer from different employers at the same time. This can be a challenging but exciting situation, as it means that the individual has a choice to make about which job to accept. In order to make an informed decision, it can be helpful to consider factors such as the job duties, salary and benefits, location, company culture, and career advancement opportunities of each job. It may also be helpful to consider one's long-term career goals and how each job opportunity aligns with those goals. Ultimately, the individual will need to weigh the pros and cons of each job offer and decide which one is the best fit for them.
When does the situation of multiple job offers arise in your job search?
There are several factors that can contribute to the situation of receiving multiple job offers during a job search. These may include:
1. Having a strong resume and cover letter that showcases your skills and experiences.
2. Having a diverse skill set that is in demand in the job market.
3. Networking and building relationships with potential employers.
4. Having a clear understanding of what you are looking for in a job and being able to articulate it to potential employers.
In general, the more competitive the job market is, the more likely it is that an individual will receive multiple job offers. This is because employers may be more willing to offer attractive packages to attract top candidates. On the other hand, in a less competitive job market, it may be more difficult to receive multiple job offers.
What is the criteria for choosing a company?
There are many factors that can influence an individual's decision about which company to choose when they have received multiple job offers. Some of the key criteria that individuals may consider when choosing a company include:
- Job duties: It is important to consider the specific tasks and responsibilities that will be involved in the job, as well as how well they align with your interests and goals.
- Salary and benefits: Financial compensation is an important consideration for most people when choosing a job. It is important to consider not just the base salary, but also other benefits such as health insurance, retirement plans, and paid time off.
- Location: The location of the company can be an important factor, especially if you have commitments or preferences that may be impacted by the location of the job.
- Company culture: It is important to consider the values, policies, and overall atmosphere of the company, as this can have a significant impact on your work experience.
- Career advancement opportunities: Consider whether the company has a track record of promoting from within, and whether there are opportunities for professional development and advancement.
Ultimately, it is important to weigh the pros and cons of each job offer and choose the one that is the best fit for you in terms of your long-term career goals and overall satisfaction.
What is the importance of a compensation package offered to you in your first job search?
The package (also known as the compensation package) offered by an employer is an important consideration for many individuals during their first job search. This can include both financial compensation, such as salary and bonuses, as well as non-financial benefits, such as healthcare, retirement plans, and paid time off.
For many people, the package offered by an employer is a key factor in their decision about whether to accept a job offer. This is especially true for those who are just starting their careers and may be more focused on financial stability and security.
However, it is important to keep in mind that the package offered by an employer is not the only factor to consider when choosing a job. Other factors, such as the job duties, location, company culture, and career advancement opportunities, can also be important considerations. It is important to weigh all of these factors and make a decision that is best for you and your long-term career goals.
Should you go for a skills or compensation package when you have to select between multiple job offers?
When faced with multiple job offers, it can be difficult to decide which one to choose. In deciding between skills and compensation package, it is important to consider your long-term career goals and what is most important to you in a job.
If skills development is a top priority for you, it may be more beneficial to choose a job that offers opportunities for professional development and growth, even if the package is not as attractive as another offer. This can be especially true if the job aligns with your long-term career goals and allows you to gain skills and experience that will be valuable in the future.
On the other hand, if financial stability and security are more important to you, it may be more beneficial to choose a job with a more attractive package, even if it does not offer as many skills development opportunities.
Ultimately, it is important to weigh both the skills and package of each job offer and make a decision that is best for you and your long-term career goals. It may also be helpful to consider other factors such as the job duties, location, company culture, and career advancement opportunities.
Importance of technology used in IT Company in career growth
The use of technology can certainly play a role in an individual's career growth within an IT company. In many cases, staying up-to-date with the latest technologies and being proficient in their use can be important for career advancement within an IT company. This is because companies often rely on technology to perform various tasks and functions, and employees who are able to effectively use and adapt to new technologies may be more valuable to the company.
Additionally, the use of technology can also create opportunities for employees to take on new roles and responsibilities within the company. For example, an employee who is skilled in a specific technology may be able to take on a leadership role in implementing or managing that technology within the company.
Overall, the use of technology can be an important factor in an individual's career growth within an IT company, but it is not the only factor. Other factors that can impact career growth include an individual's skills, education, experience, and ability to take on new challenges and responsibilities.
Importance of relocation for your first job in IT company
Relocating for a job can be a major decision, especially for someone who is just starting their career in an IT company. There are several factors to consider when deciding whether or not to relocate for a job, including:
The job itself: It is important to consider whether the job itself is a good fit for you and whether it aligns with your long-term career goals.
The location: Consider whether the new location is a place where you would be happy living and working. This can include factors such as the cost of living, the availability of housing and other amenities, and the overall culture of the area.
The financial implications: Relocating for a job can involve significant expenses, such as moving costs and temporary housing expenses. It is important to consider whether the financial benefits of the new job outweigh these costs.
Personal and professional relationships: Moving to a new location can also involve leaving behind personal and professional relationships. It is important to consider the impact this may have on your social and professional support systems.
Ultimately, the decision to relocate for a job is a personal one and will depend on an individual's specific circumstances and priorities. It may be helpful to carefully
In summary, while selecting one job offer among the multiple job offers at hand - a candidate should use the criteria explained above for choosing the right company, compare the package offered and the technology available, understand the importance of location and assess the companies on the grounds mentioned in the article.
Video Transcript (The Ugly Truth About Multiple Job Offers)
Now what are you actually asking them?
You are not asking them about that pay and
when is the pay raise and so on.
Again, you're a fresher within the first two years.
This part is not something you should really focus on too much.
I'll tell you why in a bit.
But you should not really focus too much on this package part like how fast will my salary grow
and so on
Hi everyone, welcome to this series where we take some of your questions and answer them.
It's a free-flowing conversation.
Ask me any questions and I'll just try to answer them.
We've seen many of these questions come up again and again as we have helped more than
10,000 students get into different companies.
So be it.
Any questions regarding career, regarding learning, regarding coding, do ask us.
We are happy to help you out over there.
Let us know in the comments below if you have any questions or reach out to us on Instagram
and we are happy to answer you over there as well.
Today's question is about choosing a company once you've received multiple offers.
So, this usually happens around placement time where students come to us and say that sir, I
have received multiple offers. This could be from services companies or from product
companies and they say which company should I end up choosing?
Now, my advice is generally that I give the students a formula or a set of criteria that based on
this you should choose the company and choice is finally yours.
On what criteria you give more weightage to more importance too.
So, some of these criteria are the package, the technology that you're going to work on, the
company, not just the brand name, but like the company size and so on the growth trajectory.
I'll explain this in a bit and maybe the location as well.
So, let's go step by step into this. Now, the package is something that I give least importance to
because as a fresher, the package is not something you should care about too much unless
there's a huge difference. So, for example, if you have one company giving you double the
package of the other company, then you start thinking about it. Like for example, you have a 4
LPA company and then you have a 12 LPA company or a 10 LPA company. Obviously, you will
be more inclined towards or you'll want to give more importance to the 10 LPA company.
And most of the time you would be correct.
There are some exceptions over there, but most of the time you would be correct in making that
choice. So, package is one of those things. But for our sake right now, let's
assume that the packages are roughly equal. Like one is giving you 6 LPA and other one is
giving you 8 LPA right?
Now, don't just jump to the 8 LPA. When I say LPA, it's lac per annum. So, don't just jump to the
8 lakhs per annum company, but rather analyze two things which are going to be super
important in your career.
What are those two things?
The company itself, like what's the culture of the company is there a lot of learning in that
company and how do you find this out?
One is you can always talk to your seniors who are working in that company. Often times you
will find seniors who are actually working in those companies. If you are not able to find seniors
there, then you can always go to Glassdoor and read the reviews. Again, just to point out here,
usually people who have something negative to write about right on Glassdoor. So, don't blindly
trust Glassdoor reviews, but still go through all the Glassdoor reviews.
Try to reach out to people on LinkedIn and try to connect with the people who have been
working in that company and just ask them what's the culture like. You need to speak to about
two or three people and you'll get an idea about it. Now, if it's a huge company, let's say
something like Infosys, TCS, any of these services companies, then try to figure out which team
you're going to be in mostly or which domain are you going to be in, the cloud domain, the AI
domain, the web domain, and try to reach out to people in those domains and ask them their
Now, what are you actually asking them?
You are not asking them about their pay and when the pay raise and so on. Again, you're at a
pressure within the first two years. This part is not something you should really focus on too
much. I'll tell you why in a bit. But you should not really focus too much on this package part like
how fast will my salary grow and so on. But rather you should focus on what are the things that
I'm going to learn over here? Because that is the investment you are making and that is the one
that's going to give you a good return later on. Meaning that, let's say if you got a chance to
learn iOS, iOS is a very rare skill, particularly in India compared to all the other domains that
have been going around.
So, iOS, for those of you who don't know, is app development for Apple devices, the ones that
run iOS. Now if you get a chance to actually learn iOS while doing a project, that's brilliant
because your value in the market suddenly goes up. So even though you may be paid very
less in your starting first two years, you can always switch to another company and the market
for an experienced iOS developer pays much more than even an experienced Android
developer and experienced web developer.
So, this is what I mean to say, that don't worry too much about the salary increments you're
going to get or the work timings and so on.
So, when you're talking to your seniors, the people who you are getting the experience from,
ask them what are you actually going to get to learn on the job and is there enough learning
capability? If you find that the company doesn't give you too much to learn, they just put you on
a technology and that's it. You're just executing all the time.
There is not much avenue to pick up and learn new things, then that's not a great place to be at.
So, this is what you should ask your seniors that. What's the learning culture, right? What's the
work culture like? Do you get enough responsibilities?
A lot of companies will give you a good project or a good feature to do. Only after a year of
being there. But that one year is a lot of time can you probably within two months start taking up
new features on new projects. Can you start doing something substantial technology wise.
These are the things you should ask the seniors that you're working with.
Obviously other things that you can also ask is what is the culture like? There are some
companies which are certain teams and companies which sometimes have a toxic culture.
What do I mean by toxic culture? They don't appreciate you, your work. They make you work
long hours, but you don't get anything for it. You don't get credit for your work. Your seniors
might be taking credit for your work and so on.
So, these are other things that you should generally ask your seniors.
So, once you've got an idea about the company, the next thing you should also look at is the
technology that they are putting you on. Now. For example, if you get to go on to a technology
but it's a dying technology, there's no point in you getting a lot of learning experience because
the technology is not going to be there later on anyways.
For example, I'm just taking a random example of, let's say Fortran. Fortran is a really old
language. I don't know how many of you even know about it. There are still projects going
on in Fortran these days.
But if you get to learn Fortran over here, it's not a very transferable skill. I'll repeat that word,
transferable skill. What do I mean by transferable skill? Meaning that you can take this skill and
go to another company and implement it over there. Because the number of projects in Fortran
are anyway so few you may not even get a chance to move out of this company.
You will kind of be stuck with this company. So, if you get a chance to ask which technologies
you are going to work and understand the technologies, read up about it and see what's the
future of this technology looking like today, right now, in 2022.
Technologies that look like having a great future. Anything to do in artificial intelligence, machine
learning, anything to do in full stack web development, anything to do in mobile development.
Anything to do on cloud? These are just at the top of my head. Anything on DevOps?
These are again, just some of them that I can think of right now.
If you're in any of these fields, these fields are going to be there in the next 5, 10, 20 years as
well. As for the industry outlook right now, I am not mentioning specifically Blockchain over here
because mainstream adoption is still not there.
The same thing with AR and VR, augmented reality and virtual reality. But the next two to three
years will tell us if there is mainstream adoption and even careers in those technologies will help
But the point is, first you check what the company is like. Next you check what technology
you're going to work on. And if you understand that the technology has a good future, that's
good. If you see that the company is a good learning culture and you are getting a technology
that is not really that used, there's no point in learning that technology because you can't really
transfer it somewhere else.
The third thing you should also check out is some companies like to offer you a good package,
but there is not much growth after that package. So, for example, I know of our students who
had two choices. One was a 4 LPA package where you get to learn a new technology and the
other choice was a 7 LPA package, but it was not a technology based where it was a
technology support role.
What do you mean by technology support?
So, for example, if you take any cloud company, or if you take any company which produces a
product that is used by a lot of people, there are examples like ServiceNow, Salesforce. These
companies create a product and it's often used by a lot of other people in the market.
Now, because this product is used by other people in the market, they need a lot of supply.
Support people to help out and debug issues and so on. So, they offer you a bigger package,
they offer you greater package, something like 7 LPA or 8 LPA compared to 4 LPA or more.
But you are stuck in the support role were if you later want to shift into a technology role like you
want to shift to a DevOps role, your experience in the support role doesn't really count over
Another example, which is even more obvious is some companies out there, especially a lot of
edtech companies out there, will hire you as a sales representative. And as a sales
representative they'll give you 7 or 8 lakhs per annum job, which is fine, which is better than
what you are getting in, let's say 4 or 5 LPA at a services company where you are learning a
technology, that's fine.
But the growth of that sales representative is not going to be that much. You're going to always
be stuck selling courses or selling things.
So, if that is what you want to make your career in, that's fine. There's always some growth
there. I'm not saying there's no growth there, but it is not a technology role. So, I just want you
to be clear on that.
Don't go just based on the package. Most of the times a better package generally means a
better company. But you need to look out at these things because I've seen some of our
students also get into this domain and then they later regret that. I'm completely away from
coding, I'm just doing sales or I'm just doing support role.
Now I want to go back to technology, but guess what?
That one year or two years you spent in that support role or in that sales role doesn't really
count in your technology role. So, you'll have to start as a fresher again over there. You are not
going to get the same package. You're not even going to get that benefit of experience to get a
higher package in the technology role. So be very careful which domain you choose. Again, this
is what I'm trying to mention. So, be very careful in the domain you choose.
You might be tempted by the higher package that you are getting in another place, but short
term does not always mean long term benefit. So, make sure that you talk to your seniors
especially and see that is there enough growth role over there.
Now, some of you might enjoy a support role and some of you might enjoy a sales role. Again,
that's why I said the decision is on you. But make sure you have all the information. Don't just
rely on a bigger package. Parents are happy with a bigger package and so you're going for that.
So don't just rely on that.
The last thing I'll talk about is location as a fresher.
What I would suggest is because after the pandemic, a lot of companies have started offering
you remote roles as well. But as a fresher, I would really suggest that you join non remote roles.
That is, you try to join actual work locations. Now you'll say, sir, there is a higher cost of living.
We don't get to save as much. All of that is okay.
But if you compare two people, one person who is remote and one person who is non remote,
meaning one person is working from home, another person who's working in office, the person
in office will get a much higher learning because there's a lot of times the seniors, the managers
will get to interact in person with that person. And there are small things that person will pick up.
For example, how to talk to managers, how to give the updates, how to ask for help in an online
setting. In a remote setting, this is generally more difficult to do when you're starting out after
you've got a couple of years of experience, 2-3 years of experience, you can go to remote and
you can still work well over there. But as a fresher, it's kind of always difficult to pick up all of
these skills because you're coming from a college background.
I'm going to a college to corporate completely online. It takes a lot of time in offline itself.
It takes a lot of time to just understand and it's a big culture shock to a lot of people.
To do that online is even more difficult. And I've seen a lot of people struggle.
So that is one thing I would say.
Now, which location is best for this city?
That city, I would say again, in the first two years of your career, you should not care.
You should go wherever. If there is a company that is offering you great learning and a good
package, but it's completely away from your hometown, it's a different language, different food
over there. Don't worry, you're young, you can adapt to it. Don't be stuck that I will have to be
only in my region where my language is spoken anyways.
You'll have to end up learning English to speak in your official workplace. So might as well go to
a new environment and learn all of those things over there. I've seen a lot of students take a
lesser package just to be in their hometown. And in the long run, they don't progress as much
in their career as the students who ended up going out of their comfort zone into a new city.
So go to a new city if the company is better over there, don't make location the main reason for
you not going somewhere.
So, these are the major parameters in which you should choose. Now I get another edge case,
another thing that everybody asks, sir, the location is same, the packages are the same, the
technology is roughly the same.
Which one should I choose then?
In that case, choose the one that you feel is good. The irrational part of it. What do I mean to
say by that? Logically, there is no difference between the two companies.
So, try to go illogically Which one looks good, which one's office looks better, which ones?
People look nicer, right? People look more helpful. Again, there is no way in which you can
actually put a number to all of these things, right? But after that point, you've done all your
homework. You think that all of them are equal, you just have to choose one of them.
So, just choose one which makes you feel good.
That's all you have to do. Be aware or be away from companies that give you a bond. That is, a
one-year bond or a two-year bond and so on, simply because you don't know whether you
will want to be in that technology for two years. And that bond kind of forces you to be there.
So be as much as you can. Try to avoid those kinds of companies, but if you have no other
option, then you can go through the entire criteria that I've mentioned and choose between
these particular companies.
Now, there's nothing specifically too bad about a bond. Like, it's nothing that once you get into
a bond, your life is ruined or something. I've seen a lot of people serve their two-year, three-year
bond and then go ahead and create amazing careers after that. So don't think that is the worst
thing in the world. But yes, if you can avoid it, then do try to avoid it.
So those are some tips for me about making a choice between multiple offers.
I hope that was helpful to all of you. If it was, let us know in the comments. And again, we are
looking forward to your inputs on what kind of topics you want us to discuss later on. So, yeah,
that's it from our side.
Thank you all for joining us today.
Do hit the subscribe button if you like such videos and share this with anyone, any of your
friends who's having multiple offers, and help them decide what they should actually be
All right, thank you so much. I'll catch you all later.