If you're somewhat content with the distribution of funds and are ready to merge forces, make sure you have the offer in writing. If you haven't discussed health insurance and other benefits, like a 401(k) plan and vacation time, do so immediately. Then request that everything be outlined in your offer letter or contract. If something looks amiss, then it's time to get back to the bargaining table. If any of the conditions are unclear, clear them up before you sign.
Once you accept an offer (even verbally), it is unethical to consider other opportunities. To accept a position, and renege on it, may result in legal action against you or in your being “black-balled” if decision makers learn that you are interviewing after an offer has been made. You should inform other prospective employers and withdraw from remaining interviews.
There are three important steps in the wrap-up after you accept a job offer.
First, upon accepting an offer, inform all organizations to whom you have submitted a résumé to or met with, in writing, that you are withdrawing your candidacy for their opportunity and that you have accepted another offer, and thank them for their interest.
Knowing how to properly decline a job offer is just as important as accepting an offer. Use our samples to guide your writing.
Secondly, inform and write thank you notes to everyone who took the time to talk to you (at the employer's office) and help you get the interview (at school, members of your network).
Thirdly, make a summary of all of the people you contacted and include their current contact information. This is the foundation of the network for your next job search. Store this information in a safe place. Getting a job isn’t the end of your networking; it’s only the beginning.
This is an excerpt from Finding Your First Job After College Guide which is included in our Real World 101 Care Packages. Visit our Care Package page to find out how to get one for yourself or for a lucky college grad!