A big component of any job is the salary or wage. After all, most people work in order to earn money for the things they need and want in life - though enjoying your job is certainly a bonus! When evaluating a job offer, what you will be paid is most likely your key consideration, but it shouldn’t be the only deciding factor.
Possible drawbacks of higher pay
You may think there are no downsides to finding a higher paying job. Everyone likes more money! Before saying “yes,” though, you should consider if there are reasons they are offering a higher wage. Job quality versus compensation is a big factor in employee job satisfaction and overall quality of life. Make sure to investigate if a higher hourly wage is making up for the following downsides.
Mandatory extended hours
Some companies, especially those who go through periods where their work surges, such as a busy holiday time or seasonally-dependent work, build forced extended work clauses into their employment contracts. This means you may be mandated to work extra shifts with little to no notice if work levels require it, and refusal can lead to termination.
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Labels: compensation, manual labor, overtime, pay, quality, salary, turnover, wage