8 reasons besides money to accept a job

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					8 reasons besides money to
     accept a job offer.
       A. Abdul Rashid
• Money is not always a priority when it comes
  to picking a job. For that reason, many choose
  to settle for a lower monetary package in
  favour of non-financial rewards. We give you a
  list of options you must consider apart from
  the salary when taking up a job offer.
        Training and development
• Get details about the company's approach to
  training its executives. For a young
  professional, it pays to join a company that is
  training intensive and offers learning
  opportunities. A compromise on the salary
  front may land you at a two weeks sales
  seminar at the company headquarters in
  America -- not a bad trade off. At the start of
  your career, what you learn is often more
  important than what you earn.
      Increased responsibilities
• Fine, you didn't get the 35 per cent hike you
  wanted, but maybe your span of control is
  increasing. It's worth it if you are getting to
  manage a bigger team or becoming
  responsible for a larger sales territory. For an
  ambitious employee, responsibility and
  recognition of talent is an enormous reward. If
  taken advantage of, it can mean a quick
  promotion or further compensation down the
• "Going back from ITES to the hospitality
  industry meant a cut in my salary, but I was
  getting an opportunity to become a store
  manager at an early stage in my career," says
  Noida based Abhishek Singh, store manager at
  Barnie's coffee shop.
         Strategic assignments
• If you always wanted to work on a high impact
  project, it's worth it to compromise on the
  monetary front to earn a seat on that coveted
  task force. If you develop new business for the
  company as a result, the ultimate reward
  down the road could include a promotion and
  more money.
  Employee stock options (ESOPs)
• Most people believe the stock market is a risky
  proposition. However, they can be a great
  replacement for monetary benefits. If your
  company does well, you will benefit from the
  rewards. This is a great option, especially if
  you are joining a company in sunrise
  industries like retail, ITES, biotechnology, etc.
• Employees of companies like Infosys and
  Wipro are testament to this as they saw their
  wealth rise due to stock options. As long as
  the company's balance sheet does not take a
  hard hit, stock grants can be a win-win
  proposition for all.
     5-day weeks and flexi time
• We all want more time with our families and
  more leisure time to pursue other interests. So,
  company policy of 5-day weeks or a work from
  home system is a good trade off to consider.
  Make sure you reach out to your prospective
  employer and ask for more flexible time. "I
  wanted to get back to normal working hours and
  weekends off, so I decided to leave a big company
  and work for a smaller outfit," says Kamlika
  Chandla, ex-employee of Convergys, a leading
  BPO company.
              Education Aid
• The company may be willing to pay the tuition
  fee for that MBA you always wanted to pursue
  or send you on an all-expense paid
  management development or leadership
  program offered by several business schools.
  You may even be able to put your new degree
  to work for a promotion or bigger
  responsibility in the future.
           Props and freebies
• Maybe the company is offering you a brand
  new laptop or the latest mobile device you
  have been eyeing for some time. It could also
  be willing to provide you a company-owned
  vehicle and house. These are potentially
  heavy-duty expenses that make for a great
  replacement for an outright cash component.
       Medical reimbursement
• A practical option to consider if your parents
  and spouse are dependents. Hospital and
  medical bills can burn a hole in your pocket so,
  if a drop in the total salary package buys you
  free medical cover for self and family, it's an
  option worth its weight.
• If you are thinking of getting the salary you
  want along with all these benefits, you
  certainly are optimistic. Then again, there is
  no reason in demanding some of these
  benefits, especially when a hike during salary
  negotiations seems unlikely.
              Thank You
A. Abdul Rashid

Description: 8 reasons besides money to accept a job...Abdul Rashid