There can be any number of reasons why you are looking for changing jobs. Your career growth prospects in your present company may be limited, or your salary package may be too small. You may simply have a yen to try your hand at something completely different. Whatever the case, a change of jobs involves a change in companies.
Such a move deserves careful and thorough planning and research.
In the current volatile business climate, it is important to evaluate a prospective employer and the new job from various angles. There are basically three such angles under which most other objectives would fall.
The first is a reality check. The questions to be asked would be:
- Does the new job help you build and leverage your strengths, or will it make you work on your weakness? It is difficult to make your weak areas match your strengths. The organization may not give you the time for this, and the rewards may not be consummate with the effort required.
- How soon can you start contributing to the new company’s success in your new job?
- What is the leadership / managerial style of the company, and will it contrast well with your values or preferred style?
- What is the financial position of the company? Is it under heavy debt and interest outgo? Are there cost cutting measures and lay-off in the offing?
- Does the company have high attrition levels, and does it have a record for letting go of people every few years after extracting everything of value from them?
- Whether the job this company is offering gives you the adrenaline rush you seek
- Whether you will be able to do something in this job which you can be proud of in few years
Finally, the larger market perspective should not be ignored. Questions to ask are:
- Does the proposed job cater largely to domestic demand or also to the requirements of the Western world? Roles which cater to external demand can be risky in a downturn. The prospects of getting a good pay raise would be lower
- Does the job being offered to you add directly to the company profit, or will you be back office support?
- Does the company operate in sunrise sectors such as genetics or real estate, or in sunset sectors which are witnessing consolidation or over-capacity?
- Does the company have a good record of ethical practices?
- Does it have a top-grade auditor? You don’t want skeletons in cupboard to pop out after you join up
- Is it recognized as an employer of choice by independent industry associations?