Question
After graduating from Seneca, you received three job offers. The first as an Accountant with a mid-sized manufacturing company in Mississauga, the second as an
After graduating from Seneca, you received three job offers. The first as an Accountant with a mid-sized manufacturing company in Mississauga, the second as an Associate with Deloitte as part of its Assurance (audit) team in its downtown Toronto office and the third with an healthcare company involved in the COVID-19 testing business and in the very early stages of other R&D projects. Below are the specifics for each compensation package:
Deloitte:
- Title: Associate
- Base salary: $55,000 per year
- Bonus: 10%
- Benefits package: Average compared to the industry
- Vacation: 3 weeks
- Work hours: 40 hours per week but associates general work longer
Mid-sized manufacturing Company:
- Title: Accountant
- Base salary: $60,000 per year
- Bonus: 15%
- Benefits package: Above average compared to the industry
- Stock options: 40,000
- Vacation: 4 weeks
- Work hours: 40 hours per week
Healthcare Company:
- Title: Accountant
- Base salary: $65,000 per year
- Bonus: 15%
- Benefits package: Average compared to the industry
- Stock options: 100,000
- Vacation: 4 weeks
- Work hours: 40 hours per week
Which of the above positions would you take and why? What other items would you try to negotiate as part of your compensation package? What are some of the questions you would pose to Human Resources and or the hiring manager before signing the employment contract?
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