Thursday, April 26, 2018
Business

Signs you may want to decline that job offer

Employer caution has extended the hiring process by weeks, even months. You may interview for a position several times, in person and by phone. No matter how long the process is and how well you've gotten to know your potential colleagues, it's still perfectly acceptable to turn down a job offer. In fact, there may be many valid reasons you should politely decline an opportunity, assuming, of course, that you're not in dire financial straits.

The word on the street

Is the company's stock price tanking? Or is there talk of a merger? Both of these things could indicate that layoffs loom large, and the position you accept today may not exist in a few months. To calculate your risks, speak with industry experts, do your due diligence and consult with family and trusted friends. If you still want to accept the position, try to obtain an iron-clad employment contract.

A revolving door

A certain percentage of employee turnover is normal. However, high employee turnover should raise a red flag for any potential worker. Research a company thoroughly before accepting an offer. Also, be sure to listen carefully during the hiring process. Do interviewers keep referring to folks who've left the company or mentioning a total lack of redundancy? These could be signs people are leaving faster than replacements can be recruited.

Money isn't everything — it's the only thing

If money is a major factor in your decision to accept a new job, think twice before you do. In fact, think three times. Even four.

Depending on your personal financial situation and how much more you'd be earning in a new job, money may not buy you on-the-job happiness or professional fulfillment. It may not even guarantee career advancement. Assess your finances. Revisit your career goals. Look at the situation with a big-picture view of your future. Making a move for a modest increase may not be worth it if there's more long-term potential with your current employer. Also, be sure to calculate your entire compensation package to make sure that you're not forfeiting a valuable retirement or insurance plan for a bigger paycheck.

All work, no life

There's a time in almost everyone's career when they have to put their nose to the grindstone and work almost to the point of burnout. If you're just beginning your career or starting a second one, this may be what lies ahead for the next few years. However, if you're mid-career with a family and personal obligations, it may not be wise to accept an 80-hour-a-week job. Consider the impact your new schedule will have on you and your family. Will generous vacation make up for the longer hours? Is flextime available so you can still attend family functions? Can you work from home? Forfeiting invaluable work-life balance benefits without assessing the consequences can have a devastating impact on your personal life.

A bad reputation

Going to work for a company with a reputation that isn't well-respected or that's been sullied by a corporate scandal can, in turn, sully your resume. Investigate any potential employer's standing within its industry. Solicit opinions from within your network as well as that of an executive recruiter. You may learn that it's better to be a top salesperson at an admired organization rather than a vice president of sales at a suspect one.

Comments
Amazon raising price of annual Prime membership to $119

Amazon raising price of annual Prime membership to $119

NEW YORK — Amazon is raising the price of its annual Prime membership fee by 20 percent starting next month. The company said Thursday that Prime members in the U.S. will now pay $119 a year, up from $99, starting May 11 for new members. The new pric...
Updated: 2 hours ago
Cities turn to private inspectors as construction booms, and problems follow

Cities turn to private inspectors as construction booms, and problems follow

ST. PETERSBURG --- With construction booming throughout Florida, private inspectors are increasingly reviewing the work of building contractors. But that has sometimes led to missed code violations and other problems.Now the city of St. Petersburg is...
Updated: 6 hours ago
Almost half of all homes for sale in Tampa Bay are unaffordable for first-time buyers

Almost half of all homes for sale in Tampa Bay are unaffordable for first-time buyers

Times Staff WriterAlmost half of all homes on the market in the Tampa Bay area are unaffordable for many buyers. According to Zillow, 48.7 percent of homes for sale are "high-end --- more than $348,0000 in Tampa Bay -- while just 20.5 percent are "l...
Updated: 7 hours ago
Outback Steakhouse owner Bloomin’ Brands beats Wall Street forecast in first quarter

Outback Steakhouse owner Bloomin’ Brands beats Wall Street forecast in first quarter

TAMPA — Growing sales at Outback Steakhouse have once again led parent company Bloomin’ Brands to beat Wall Street’s expectations, the latest quarterly report shows.But the Tampa-based restaurant group’s other chains are failing to keep up. Bloomin’ ...
Updated: 7 hours ago
Focus crossover and Mustang will be only Ford sedans sold in North American dealerships

Focus crossover and Mustang will be only Ford sedans sold in North American dealerships

DEARBORN, Mich. — Ford Motor Co. said Wednesday it will shed most of its North American car lineup as part of broad plan to save money and make the company more competitive in a fast-changing marketplace.The changes include getting rid of all cars in...
Updated: 7 hours ago
Domino’s lifts curtain on ‘pizza theater’ in Lutz

Domino’s lifts curtain on ‘pizza theater’ in Lutz

LUTZ — Domino’s new ‘pizza theater’ store recently opened in Lutz, just outside of the Ballantrae subdivision. The store features the open-concept pizza theater design which offers viewing of the food preparation process.There is also a comfortable l...
Updated: 8 hours ago
Engaged couple opens chiropractic practice for all ages on W Hillsborough Ave

Engaged couple opens chiropractic practice for all ages on W Hillsborough Ave

TAMPA — Dr. Kaylee Canalungo and Dr. Kace Groff were attending Palmer College of Chiropractic in different states when a mutual friend introduced them. After graduating and working together at a chiropractic office in New York, they are engaged to be...
Updated: 8 hours ago

Clean Juice gets 3rd spot in Hyde Park Village

Michelle Piniella forecast about another South Tampa Clean Juice location in March, and now it’s official. The healthy, fresh juice concept has secured a lease with Hyde Park Village.The opening date is to be announced this summer as it is currently ...
Updated: 8 hours ago
Cuban cuisine transformed at Armature Works

Cuban cuisine transformed at Armature Works

DOWNTOWN — Felicia Lacalle says cuban cooking is in her blood as she traditionally learned from her mother growing up. Since then she has perfected her craft finding ways to recreate classic dishes with a modern twist and now she aims to change the C...
Updated: 8 hours ago
Who books 4,600 hotel nights in Hillsborough? TV commercial crews, and they keep on coming

Who books 4,600 hotel nights in Hillsborough? TV commercial crews, and they keep on coming

TAMPA — Hillsborough County interim film commissioner Tyler Martinolich has a unique approach to channel surfing. He searches for two kinds of commercials: those made in his county and those he thinks should have been."Television commercials mean mon...
Updated: 5 hours ago