On job offers

Greg Wyatt • October 30, 2024

This article covers the following, in service of considering whether a job offer you’ve received is the right move:

  • Identity

  • Total compensation

  • Opportunity cost

  • Impact

  • Culture & People

  • ikigai (not Ikigai)

Let’s get into it.


Identity

At the start of any job search, I recommend establishing what your career identity is.

This may be at the point of an unexpected redundancy, when you’ve decided your current job is no longer right, or even if a recruiter contacts you out of the blue with a compelling proposition.

I also recommend you do this once a year, even when gainfully employed, because it’s easy for the path of employment to diverge from where you want your career to go.

It’s simple really, and goes back to basics with key questions.

  • What’s your current context personally, with family, in life? What do you need and how does work reflect this?

  • What are your core values? The ones that underpin who you are, and who you want to see in the mirror. How does work reflect this?

  • What are the things you enjoy, are neutral about, or dislike in your career? What does this look like in your current job?

  • How has the company changed in the past year? How has the world changed? How does this reflect you as a person?

  • Who do you want to be as a person, family member, friend and peer?

  • What impact do you want to make?

  • How much do you need to earn and by when?

These answers aren’t fixed and can change quickly with a change in circumstance, as you change over time, or for reasons out of your control.

It’s a good idea to establish what you want and what you need, and therefore what this looks like in your next job.

If you find yourself out of work, and with bills to pay, one answer might be to take a job stacking the shelves at night, so you can look for work during the day.

Or you may have cash in the bank and can afford to wait for the right role, rather than any role.

There’s no one right answer, but there are answers that you can find for yourself.


This identity informs your job search strategy, part of which is the roles you go for, part of which is the approach you take, and part of which is what an acceptable job offer looks like for you.


Total compensation & opportunity cost

It's common to see salary as the most important factor in a job offer negotiation.

However, it's better to look at negotiating total compensation and opportunity cost.

Total compensation is the overall financial value of a role. It includes things like:

Salary
Pension contribution
Bonus
Commission
Car allowance
RSUs

Some benefits are salary sacrificed or tax efficient - their value goes beyond what they appear on paper.

For example a great pension scheme will save you 20% or 40% on tax payments in the UK across the salary invested. It might even, at a higher salary level, improve access to child benefits.


Conversely opportunity cost is the consequence of taking an offer, compared to what you might have if you stayed.

For example:

Moving to a three-day hybrid, compared to full remote. What's the cost of mileage, and time travelling? What's the cost of heating your home when fully remote?

Or - a role that offers more money now, but no progression in future. Vs a role that pays less now, but will leapfrog in future, while giving you skills that support career growth. Are these contractual, things that are likely to happen, or empty promises - look for evidence such as a track record with other employees.

It's entirely possible to accept an offer with a higher salary, yet find yourself worse off with take home pay.

Consider all the financial implications of an offer.


Impact

Impact goes both ways. The impact you can have in your new role, and the impact your new role will have on you.

Important to understand both against your career identity.

A high paying job that takes you away from a young family might be a solution or a problem.

A brilliant job that’s an unsustainable commute won’t work long term. Does that matter to you?

A well paid job that gives you a good balance at home, yet will only be a cog in a machine - a dream for some, unfulfilling for others.

Impact also includes trajectory. Are you someone who wants to do the same job over time, in a structured way? Someone who wants regular advancement and career development?

Both, and others are fine. Make sure you know what you are getting yourself into.


Culture & People

It’s at least partly true that people leave bosses, not jobs.

While decent people can become bad bosses for various reasons, some of which relate to the environment they manage within.

The problem is that people are on their best behaviour in interview processes, while culture as it’s pitched doesn’t always reflect the culture experienced.

The interview process should be there for you to establish this as much as possible.

But it’s also a good idea to do your own research, to get a sense of a company’s values, principles, how it treats its people, and all those other elements that will affect a career with them.

This is research to be done at interview stage, even before. These points may help.


Click on the link right above for why I differentiate.

Ikigai (with a little i) is a great Japanese concept. In its original form it means ‘what you get out of bed for’ or ‘those small moments we take pleasure in’.

Rather than the westernised Venn Purpose Diagram many are familiar with as Ikigai (with a big I). Indeed, if you ask people in Japan what they think of Ikigai they may well say something along the lines of “huuunnhh?”

This ikigai is an important principle in job offer.

It’s those qualities unique to you (often defined by your career identity) that you take pleasure in, while others around you may not get it.

Sometimes this is gut instinct. Important to listen to, important to challenge.

It’s at least part of your decision in a job offer.

Everything else might be just alright, but there’s an ikigai in your job offer that might be good reason to take it.

For example, I’d stack shelves at night, while looking for work, if it meant it paid the bills and supported my family. That’s not something to be ashamed of - that’s my ikigai.

Or it might be the company’s purpose and what they are doing to improve the world.

ikigai is unique to you, and it makes everything better if you can find it.


Those are the key points I’d consider if given a job offer.

There’s no right or wrong, only right for you and the people you support.

Thanks for reading.

Regards,

Greg

p.s. please share this article with your fellow job seekers. LinkedIn has decided this substack is, at least for now, harmful content and removes links to it. Frustrating when I try to share it in posts, with contacts, or in declining applications.

By Greg Wyatt August 18, 2026
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By Greg Wyatt August 11, 2026
What follows is Chapter 49 in A Career Breakdown Kit (Summer 2026) . It's like many other chapters in that I've tried to make it stand alone, yet it's deeply connected to the rest of the book. For example, if you accept your job search is equivalent to launching a product to market - where you are the product and your next employer the buyer - then a sensible strategy is also equivalent. You execute an appropriate multichannel sales and marketing plan, where you focus on the steps in your control, with considered action and follow up. An interview process is an ongoing negotiation, with each interview equivalent to a consultative sales meeting. And like any good sales professional, you know that the steps preceding, the steps in-between, and the steps after all have a part to play. In my last three offers these have all been contributing factors: The relationship nurtured by the hiring manager led to their new employee hitting the ground running The private information withheld by the candidate that led to an offer rescinded because she could never have fulfilled the role in the first place The enthusiasm shown by a candidate in post interview communications tipped a decision in their favour Recruitment is risk, filled with bias - that doesn't mean you can't make that work for you. 49 - After the interview In a tough job search, getting to an interview can feel a real achievement. If you’ve been accountable in your applications, only going for roles where you are a strong fit, these are tangible opportunities to secure employment. The interview itself isn’t the be-all and end-all. It’s better to see them as the start of a conversation, one that’s only complete when you either have an acceptable employment contract in your hand, or if it’s an unequivocal no. Continuing this conversation in the right way, and in ways other candidates may not think to, can bring hoped for and unexpected gains. A few weeks back I filled a vacancy which had a strong shortlist. The final three were all employable, and the company would have taken all three had they been able to. The second choice candidate was disappointed and took it well, responding professionally. I worked hard to give all three a good experience with regular updates and constructive feedback. I too was genuinely disappointed for the ‘unsuccessful’ candidates. Two weeks after accepting the offer and returning the signed contract, the first-choice candidate withdrew. She’d received a significantly improved offer having been headhunted. Within two hours of passing the news on to the hiring team, the 2nd choice candidate was offered the role and accepted. How she had responded to her initial disappointment was a key element in this offer being put forward. The same was true of her experience with us in her decision to accept the offer. In many ways an interview is like a sales meeting. One party pitches their offering which might be customised against the questions asked. The other party makes a decision on whether and how to proceed. In an interview both the candidate and employer act as both seller and buyer. As a job seeker you get the final say on whether you say yes, no or something in between. Your decision is influenced by factors you may not divulge to the employer, such as an unexpected intervention (illness, accident, family), personal circumstances or other offers that may come up. It’s the same for the employer. They may have a hierarchy of decision-making, changes in the business and changes outside of the business - many things that can influence an interview decision or time frame, different from what was initially agreed. In sales we know that a deal isn’t agreed upon until the invoice is paid. Even if there is an initial ‘yes’ in a meeting we follow up suitably. Follow-up email to confirm details of the conversation and next steps. Thank you for your time Follow up at the appropriate time to check progress If it’s ‘no right now’, follow up over time to build a relationship until they are ready to buy If it’s ‘no answer’, find appropriate reasons to follow up, ending in a breakup email What this actually looks relates to what their sales (hiring) process is, playing to their rules and breaking those same rules in an appropriate way. In the UK, 61% of private sector employers are SMEs, whereas the vast majority of money is in the corporate space. The differentiator in recruitment is that the more corporate you get, the more transactional and matrix-led recruitment often becomes. Some of the rules of the game will be different. This illustrates how and why things are different depending on the context. Public sector, charities, geography, bias, habit, strategy - these all affect the rules of what appear similar processes from the outside. It’s important not to be cynical or come across as coercive. Respect the process and any rules you learn about. Thank you notes Most of the employers I partner with are interested in candidate feedback and interest post-interview - to help them reach their decision for the right reason. Were you applying directly, their interest in your view would be the same. A naturally written thank you note sent appropriately should not work against you. It might work for you and it’s a situation where someone’s bias can be a benefit. ‘Dear Greg, I wanted to thank you for your time today and the opportunity to interview at ABC Corp. It was a pleasure to meet you and Gary and helpful to understand more about your role and environment. I remain keen and would be delighted to return for the next stage. You mentioned you’ll make a decision by the end of next week and I look forward to hearing from you. Do let me know if I can help with anything - my number is …. Kind regards,’ It’s an opportunity to build on or mitigate inconclusive points in an interview if there’s an example you neglected to share or if you didn’t convey information in the right way. Maybe they let slip they’d be concerned if the role would keep your interest in the long term - why not own this? ‘During the interview you asked if I could see myself in this role long-term. It’s a role I’d enjoy - taking on a hands-on role I can get stuck into is an exciting challenge, while my experience in xxx would be beneficial for yyy.’ Keep it more succinct than my email though. Write it in your own words in a similar tone to how you came across in the interview. Will it make a difference? Only marginally, in some situations. Is it worth doing as a natural way to continue the conversation? I think so. Don’t be disheartened if you don’t get a reply - they may have a policy to follow. And to that coercive point above don’t say ‘I’m the best candidate. You’d be a fool to miss out,’ or something more subtle that might suggest the same. Additional interviews In an ideal world you’d get a full view of the interview process before the interview. Unfortunately some employers enjoy playing a game of interview chicken, revealing more and more interview stages as you go through them. Most are somewhere in between. Try to establish the full process as early as possible in case there is anything that is non-negotiable for you. For example, I know some people categorically do not want to do technical tests or ‘business plan’ style presentations, having had their fingers burnt in the past. It’s your choice what might be a non-negotiable - for any reasonable employer these are typically used as a means for fair assessment. Treat any interview in the same way as the first interview: prepare as fully as possible and assume nothing. Unless you know their hierarchy of decision-making, that new person you meet at fourth stage for an informal chat might well be the person with the final say. Even a social get-together after an offer is put forward might be seen as an assessment. Appropriate follow-ups It’s a careful balance. You want to show you are interested, not desperate. You need an answer, not to be inappropriately intrusive - even if that’s not your intent perception holds weight. Following up in the right way is a good tactic. If you can gain an understanding of their time frames or process work to that. Anything and everything can happen behind the scenes, including unexpected absences. Things can slip in a way employers may not see as notable. A few work days after you were expecting to hear, drop them a polite line. ‘Hi Greg, I wondered if you had any news on how you want to proceed with this role. Is there any update you can share? Kind regards,’ You can play a bit of keeping up with the Joneses if it’s true - ‘I remain interested - I do have two interviews this week with other employers. Would you like me to keep you updated?’ Sometimes no news is no news and you might need to be patient. Eventually you may come to a point where you need a decision from them - such as if your 2nd choice company gives you a job offer. A breakup email can be a good thing. Even if this doesn’t prompt an update or decision from them, you give yourself agency to walk away with no ‘what ifs?’ And if they do come back later, you can make a separate decision on whether to revisit them. One such email might be: ‘Hi Greg, I enjoyed our interview on May 21st. You mentioned you’d reach a decision the following week. Can I assume you have moved forward with another candidate? I’ll draw a line through my application for now and will be happy to pick up our conversations at a later date, if appropriate. Kind regards,’ Written appropriately, there are three outcomes: You get a reply confirming they have appointed You get no reply and can move on You get a reply with more information That last point may be ‘no news’ or something actionable. Sometimes it might even prompt good news. Whatever the outcome, you can move forward. Keeping in touch long-term Sometimes a no might be a ‘no for now’, especially when you are later on in the process, such as being pipped to the post at final interview. If yours is a business as usual role where there are a number of employees fulfilling similar duties in the same company, you may well be suitable for other roles that come up in future. How can you keep in touch appropriately so that you help their decision making when another vacancy comes up? Find reasons to occasionally keep in touch (maybe once every couple of months). If they are active on LinkedIn you could follow their content and add constructive comments. It may come to nothing but it may give you early sight of a new vacancy. If you see another vacancy advertised check it out. Drop them a line directly rather than just apply given you are continuing a conversation rather than coming in cold. And if they reply to say ‘don’t bother’, at least you know.