3 Questions to Ask About Employee Benefits Before You Get Hired

3 Questions to Ask About Employee Benefits Before You Get Hired Getting a new job requires some detective skills, including understanding your total compensation package prior to accepting a job offer. While most of us need our job to provide a regular paycheck to take care of our living expenses, we also need to consider the benefits program offered by a potential employer. Here are a few questions you might consider asking your prospective employer to help you make a better decision in evaluating a job opportunity.

  1. How much of my total compensation will include a benefits package?
    While your salary is important, don’t forget to consider the amount spent on employee benefits. The Bureau of Labor Statistics reported in March that private industry employee benefit programs accounted for 29.5% of total compensation. This compensation includes paid sick leave, holidays, and vacations, as well as employer contributions to health and life insurance, retirement savings, and into Social Security and Medicare in the U.S. It is appropriate in your job offer process to ask for a clear outline of the benefits program offered. A job opportunity may look more or less attractive based on the benefits, so it’s critical to have the full picture before making your decision.
  2. May I review your health insurance program?
    If you are expecting your employer to provide a health insurance option, make sure you have a firm understanding of the program. You’ll need to consider what you’re currently paying and what you’ll be expected to pay under the program offered by your potential employer. If you’ll need to use that health insurance to provide care for your family or dependents, make sure to uncover the costs with that type of program and their eligibility. When you review the health insurance program look for information on co-pay amounts, pre-existing condition rules, deductible amounts, and prescription drug programs.
  3. What are your most unique employee benefits?
    While you should have uncovered all of the benefits offered in your employee summary, there may be a few employee perks you’ll find important. This is also a good question to uncover a little more about the culture of the company you’re considering. Companies may offer an employee gym, onsite child care, flexible work schedules, or other unique programs that may make a position more attractive, even if the salary is smaller. And don’t forget to find out about smaller benefits that can really add up like paid parking, discount dry cleaning services, or an economical onsite dining option.

Looking for a new job can be stressful, but when you do get a job offer make sure to slow down and evaluate the entire offer before accepting a position. It’s possible to negotiate your salary and benefit options before you’re hired, but it can be much harder to negotiate, or not possible, after you’ve accepted the position.

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