Last updated on August 5th, 2018 at 04:41 am
Don’t end up becoming a bakra after accepting a new job. Here is a checklist of certain confirmations you need to request from the HR before accepting a new job. It is advisable that you get these confirmed in an email so that you can avoid any denials later.
- Salary account – Salaries are often credited directly to your salary account in a bank chosen by the company. If you are avoiding being a customer with any particular bank for whatever reason, this is a good time to ask the HR. You don’t want to reject other offer to accept this one only to realize that you will have to open a bank account with a bank you don’t want to be a customer to.
- Salary date – When you get your salary is an important factor if you have loans, bills or EMIs to pay. The last date of payment for most of these falls before the 10th of each month. If the salary date matters to you, do not forget to ask the salary date before accepting the job offer.
- Salary break-up – HRs always negotiate in terms of CTC (Cost To Company) which is the cost the company will have to bear to hire you for a year. Provident fund, income tax, professional tax and other deductions are deducted from this amount and what’s left is credited to your bank account. Ask for the salary break-up before you join a job
- Incentives – Do not get carried away by the promise of incentives. As the name suggests, they are incentives for your performance. You may be improving your performance but every now and then one of your colleagues might out perform you. The political odds may be stacked against you. In other words, there is no guarantee you’ll receive incentives every month. So, do not count on incentives; do not plan your expenses based on incentives.
- Leave policy – Companies prefer that you do not take leaves, and hence they make leaves quite tricky. There are casual leaves, sick leaves and mandatory national holidays. Often bad leave policies aren’t disclosed until you first day at work and you might just turn out disgusted with the policy. Get a confirmation of the company’s leave policy during the negotiations. Understand it.
- Offs and shifts – Get a confirmation on how many days will you be working in a week, what shift will you be working, when your offs are, whether they provide night shift allowances, how much is the allowance and what shifts qualify for night shift allowances.
- Transportation – Most companies provide pick and drop services. Get a confirmation on whether you need to pay for these services from your salary. Also, get a confirmation on whether a security personnel will be provided for ladies during the night shifts. Some companies do not offer door to door pick up/drop off services; but rather use a common nearby pick up and dropout point.
- Job particulars – Before attending an interview, ask for the job profile. Make sure the job position is mentioned on the offer letter. During the orientation during the first days, you should briefed about your job responsibilities as well.
- Notice period – Notice period is the time you need to work for the company after submitting your resignation letter. Know what is your notice period to serve when you quit. Notice period is explained in the offer letter, but you don’t need to wait that long only to find it too rigid. Ask for the notice period even before you attend the interview. If the notice period is for more than a month (2, 3 or more), get a clarity on whether you’ll be paid your salary for the first month(s) of your notice period. You need to be prepared to support your expenses.
- Severance – If the company choose to end your employment for reasons such as process shutting down, office relocating to another city etc, ideally you should be given a lump sum amount as salary (say salary for x number of months). Get a clarify on what’s your severance pay. Please note that termination due to any violation of policies/misconduct does not entitle you for severance pay.
- Medical benefits – To improve employee satisfaction, companies have introduced various medical benefits to employees and their dependents. Confirm how much and which family members are covered in the medical insurances/accident insurances.
- Training abroad – Some multinational companies might take you abroad for training. On such cases, you are required to sign a contract with them agreeing to working for a certain number of years; quitting before which requires you to pay a certain amount of money to the company. Whether you are being recruited to such a process is a good information to know well before hand. You don’t want to be in a position where you rejected other offers only to know that your new job requires you to sign a contract.
As a side note, do not consider that you have got the job unless you have received valid appointment/offer letter from the HR. In the corporate world, verbal confirmation doesn’t carry much value.
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