Imagine this: You’ve scoured through job opportunities and attended interviews to finally land that perfect job that you like. You’re overjoyed on the day the offer letter comes in your hand, and you give a nod to your new job. But wait, back up a bit there. Did you thoroughly read through the offer letter? 

It’s essential to go through your offer letter properly because it not only confirms that you got a job but also lays down your rights, perks, and benefits. What warning signs must you watch out for before signing your job offer letter? Keep reading this article to find out more.

1. Unclear Salary and Compensation 

This is the first thing you should look at when you get your offer letter. Information about your salary, perks and benefits, and any deductions must be clearly mentioned in it. If you do not find these details and still agree to take up the job, then it’s likely that you’re agreeing to work for a lower salary than the one you had discussed during your interview. 

2. Salary Bracket is Lower than Your Discussed One 

This is more or less similar to our previous point, except now you know for sure that the salary is lower than what you’d agreed to. Studies suggest that at least 64% of job seekers settled for a pay lower than the one they expected without negotiating for more. Even a slight difference in the figures can have long-term financial implications.

3. Non-Compete Agreement

Non-competition agreements are signed between an employee and the company that prohibits the former from working for a competitor company after their term with the company ends. Unless you possess highly confidential information that has the potential to harm the company, your employers shouldn’t have a say in where you work after your position has ended.

4. Inconsistencies in the Job Description 

Ensure that the job description mentioned in the offer letter aligns with what the employer had discussed with you during the interview. Inconsistencies in the description of your job position could indicate communication issues internally. Clarity in your job description is essential for you to map out how your career should be shaped. 

5. A Long Waiting Period for Benefits

A waiting period before qualifying for benefits like health insurance is understandable, but an unusually long waiting period is a big red flag. Companies do this to save their costs at your expense. As per a 2014 federal rule, the waiting period for perks and benefits must not be extended beyond 90 days.

6. The Offer Doesn’t Excite You 

If you’re having second doubts about the position, it’s essential to step back and review the job again. Contact the HR representative of the company and ask them for more details regarding your role and responsibilities. If you’re still feeling unsure, make a list of the pros and cons of the job. Always trust your gut in these cases.

Before celebrating receiving a job offer letter, it is crucial to look through it carefully. If you find any of these red flags, you can try to discuss and negotiate with the company before coming to a decision.