Hi I would like to share my experience on why I turned down an offer:

About 4 years ago, I got an offer for a position that was an ideal fit for my aptitudes and objectives. Also, the organization would build my compensation by 25% and guaranteed mentorship and travel. In any case, something simply didn't feel right, and after a decent arrangement of forward and backward, I said no.

I was jobless for an additional two months, however a superior open door went along and I haven't thought twice about it daily since. When I inquired as to whether any other person had ever turned down a job offer, I was astounded to hear what number of had settled on the troublesome choice when they knew something simply wasn't right. Obviously, turning down a job offer is an advantaged condition to have, and that choice and additionally the majority of the accompanying counsel ought to be brought with a dosage of reality that the ideal job—the one that satisfies each thing on your list of things to get—once in a while exists. All things considered, winding up in the wrong job can bigly affect your long haul profession and joy, and it's critical to ensure you're not passing up a major opportunity for what you're truly searching for just to have nailed down something.

Gain from my experience, and consider these reasons why turning down a job offer may bode well for you.

Mission
You have to mind, to some degree, about what your organization is wanting to accomplish, yet it's anything but difficult to get excessively energized by any extraordinary sounding job and disregard when an association isn't the best fit. It's additionally simple to fully trust the organization's statement of purpose, without burrowing further. Indeed, the job I turned down at first appeared to be splendidly lined up with the kind of work I was planning to do. Be that as it may, when I talked with previous representatives, people at comparative associations, and coaches who work in the space, and when I contrasted its model with different associations I believed, I understood that it was not one I totally regarded. Thus, do your exploration past what you read on the organization site—by conversing with individuals who know about the organization, perusing up on its present news, and perusing surveys on Glassdoor. Numerous discussions and further research helped me understand that I couldn't work at 100% and be my best self on the off chance that I didn't put stock in what I was really going after.

Cautioning Signs
The employing procedure is scattered, your potential chief is as of now messaging you on off-hours, or the potential partners you met were discourteous or unseemly. These signs are anything but difficult to reject—hello, possibly it's only a bustling season—however they ought to really be dealt with as warnings. Occupied season or not, the way you are dealt with from the primary day of correspondence in the contracting procedure is exceptionally advising in the matter of how you will be dealt with as a worker. I'm wagering you need to be some place for no less than a while, isn't that so? Search for an enlisting procedure that incorporates keen inquiries and messages, incredible meetings with numerous representatives, and signs that the general population who work there are upbeat, regarded, and considered important. In the event that you don't see that, I'd certainly reconsider.

Absence of Growth
Each job you have should add to your resume—and not simply regarding consuming up room. In case you're not going to have development openings as far as parts, learning, and new ventures or obligations, it's a reasonable motivation to be reluctant about tolerating the job. Take a stock of what you're now incredible at and the aptitudes you need to pick up. Will this new job enable you to take a shot at these aptitudes, or do the things you as of now exceed expectations at in another market or with greater name customers and groups? Regardless of the possibility that you're taking a gander at a level job move, you ought to have the chance to go up against more duties or see a more noteworthy plausibility of advancement. Keep in mind: If you're not developing, you'll either get exhausted too rapidly and not perform taking care of business, you'll get excessively alright with what you know and left behind for advancement, or you'll be searching for another job again soon. Take a basic eye to the position depiction and converse with potential associates to check whether it'll truly be a solid match for you.

Timing
It sounds like a little thing, however now and again the planning on a job offer simply isn't right. A couple of my companions turned down job offers to take that broadened trip they've generally imagined about, or in light of the fact that they needed to hold up to perceive what other job offers would come through. Obviously, some of the time the organization needs a prompt answer, which constrains you into a snappy choice, however in the event that they need you gravely enough, they'll hold up. Furthermore, if not? Could be another notice sign. In the event that you've been available for some time and joblessness is starting to acquire an excessive number of negative results your life, it may be a great opportunity to take that offer. Be that as it may, on the off chance that you have many meetings and openings arranged, you can feel more secure in considering turning one down if the planning is recently wrong.

Cash
Obviously, cash positively isn't a definitive factor of thought. Many individuals are significantly more joyful in positions that are all the more specifically satisfying—regardless of whether that implies better vocation development or a more adjusted mission—than they would make all the more elsewhere. All things considered, in a day and age where organizations are always endeavoring to do and get more for less, it's essential to ensure that any job you take is the correct move monetarily. A few of my companions have turned down job offers in light of the fact that the pay couldn't bolster them or their families. If so—and on the off chance that you've had a go at consulting for a superior bundle or more open doors—it may bode well to search for, well, greener fields

For me, different aspects of the company would sway my decision more based on where I am in my career. Just starting out, I am not going for anything managerial related. I am more concerned with the company's profit/debt ratios. The worst thing would be to accept a position from a company that will go under in a year. Later on, when I might be looking for a higher up or managerial role, the company type matters more. The company type will determine upward mobility and profits. In an LLC or LLP, my profits will be dependent on the kindness of the owners, of which I will never be one. In a Corporation, upward mobility is uncapped and profit is dependent on only my actions (buying shares).

To me type doesn't matter. What I value is the how the company operates, its core values, and if they will value me as an employee. I'm currently working a J&J. I really like the company because it operates in a way that allows me to feel like I work for a good company. WE try to hold ourselves to a high standard and make sure that we are putting the best product on the market. Now if a company was shady and was cutting corners wherever it could then I would be much less inclined to work there. That ties into my second point of the company's values. It is important to me that the company that I work for aligns with my values as a person. I want to know that the company I work for is working to support the less fortunate in both the local communities and around the world. J&J has many different internal programs for these sorts of things. They have paid volunteer days as well as donation matching and outreach programs in local communities. They also do work around the world to help people in some of the poorer areas. Finally I need to feel like I am valued by the company. This takes many forms, with the obvious one being am I being paid an amount that matches the value I bring, but other things like to they have a reasonable amount of vacation time, do they allow for flexible hours. In the end it comes down to do they see me as a person who helps the company work or do they just seem me as a number on a spreadsheet.

I would definitely turn down a job offer based on the company's financial standing because it's important and good to know what you are getting yourself into. You want to keep your personal goals in mind and you are selling your skills and labor to your employer so you are in his/her hands. It's important to know about the company's size to see if there is potential for promotion or pay raises after working for several years. If the company is not performing well, then it's troubling but it shouldn't be a factor to consider because this wouldn't affect you unless the problem is very severe. If the company is already performing very poorly, then it's likely that you won't be working there long so researching the company beforehand is a must. Also, it's important to keep in mind why they are hiring for a certain position because this might indicate a problem within the company. If the business is looking for Quality Engineers, then the quality of their products may be poor, which may indicate loss of revenue or continuously decreasing annual revenue. Another important point to keep in mind is what your standing is in the labor force. If you are a recent graduate and you are just looking to get experience, then you should take the first job even if it's temporary because experience matters a lot and you should take advantage of every opportunity you receive. If you are looking for a career, then you should turn down the job offer if the company is performing poorly. If you are looking to establish yourself within a company, then you should take the time to research as much as you can before accepting because you want to make sure that you are set for the working years of your life.

I believe a company's type as well as their financial standings throughout the years is something to consider when deciding to work with them. I think this is extremely important when you have been working in the field for a few years and are deciding to move companies. You want to make sure the company you are working for is secure and that you will not be losing your job anytime soon.
I think for a new graduate, sometimes it better to take the job despite its finance because experience is more important. Not all graduates are able to work with a secure, top company straight out of school. Working for a start-up is a great way to gain experience and eventually if necessary to be able to switch companies.If given the opportunity to work for a start up or a well established company, I would personally start with the well established company. Networking is extremely important in the engineering field.

I have never thought to look at growth, revenue etc.. when even applying to a company. When I look for a job posting I typical look at the job based on requirements and the experience. I have already looked at the location and looked up the company but, with this question being raised I find it helpful to tune my scope based off my own interests and expectations. For example I have been an intern for 2 months and realized theirs no growth at the company I am at even if I worked full-time. The hourly wage will increase but, more than likely won’t get be receiving a raise after working for the company for years. Now that I am hitting that 26 year old stage of needing to pay for health insurance etc.. I am looking for position that will have benefits and be able move up in the company. I desire to be a manager some day and that another goal based off if the company will allow for that. Therefore , yes, looking for growth of a company in terms of finances may determine if more opportunities come.

That was my question to myself last summer when I was offered two different internships. One was in J&J and the other one was in a small start-up company. I was convinced by friends and family that training in a start-up company and gaining experience may be more useful than a large corp. As in a start-up, I would have more roles to play, more things to learn and more skills to gain. Working in a start-up would give me the chance to become a team manager, reports writer, announcements designer, etc. As there will be fewer people that they are in a crop like J&J, and these people have to cover whatever roles and responsibilities needed. For sure, being an employer in a big name company would allow me to reach a higher level of professionalism, network with more people, and could potentially reach another better/higher company. So, being a well-trained employer in a startup will open the doors for a job in a big name corp.

This is an interesting question. I think it depends. Corporations have their advantages while start-ups have their own advantages. It depends on what you are looking to learn and gain from a job. Also, as a soon-to-be-grad I am looking for an entry level position so my goal is not to stay at the company for 20 years, but rather to learn and gain as much experience as I can, and to build connections. But I agree with the underlying premise of this question that one should look into a company before applying, but be honest with yourself what factors matter. Also important to be knowledgable about finances and on a personable level for one to be able to invest wisely.

In this course, companies including Limited Liability Company vs Corporation vs Sole Proprietorship vs partnership are classified based on the way of operating business, how many people own the business, and how the company relates to the owners. It's all about balancing the advantages and disadvantages of doing business in a way that could do least harm to the owners. As far as I am concerned, there is little factors on that topic for the employees to think about that could make any difference. Only those factors that matter are, a greater or lower possibility of the company getting in trouble and filing bankruptcy, a opportunity to raise your background and know more elites, a chance to have a nicer boss or a friendlier working environment, etc. You could be careful enough by checking out how well the company performs its business in recent years and what is the reputation among its clients and customers. But by simply checking a company category, may be a little bit reckless.

It's a beautiful thing that we can now be able to analyze a company simply by looking at such aspects as:
Current Ratio which is: Current assets/Current Liabilities
to see how far above/below unity, '1', this component may be as we attempt to pick into the debt status of the company;
Debt Ratio; namely, total liabilities/total assets
to evaluate a company's debt paying ability; or look into a company's stock price; namely,
Earnings per share = Expected Earnings/No. of Shares Outstanding
just as we may be able to access other aspects of a company by examining other records of interest over the internet following the company's operation's report to the Security Exchange Commission (SEC).

But does one really have this investigative luxury when looking for a job as a recent and inexperienced graduate?
Remember, as a current graduate is essentially helpless financially; unless, of-course, the individual is from a well to do and caring family and therefore has protection and the luxury to make such evaluations.
As far as I know, the 1st consideration, call it quest, of a young graduate, is self-sustenance - secure a job. In fact, I will liken an inexperienced and recent graduate's status to that of one, for some reason, afloat on the waters of a wild sea. When by some chance a boat comes along for the rescue how could such an individual in danger of drowning even spend a moment to pose investigative questions as to their safety in accepting the needed help?

There is also this need to gain experience in one's field of expertise. And whatever company is offering a job is more than capable to offer such a chance to gain the valuable experience. More so, such experience will count if the individual wants a job elsewhere.

It only makes sense then that it is only after such experience and self-sustenance have been achieved that issues as company stability, financial status and company differences can then be looked into if need to move on comes along.

I think depending on your skill set, you need to decide whether the company's success is big factor in accepting that position. If you're fresh out of school, I wouldn't think that this statistic would matter too much, unless however, you really feel that you have the skills and qualifications that allow you to be a little more selective. I think as you gain more experience and attain new skills and certifications, you definitely should look at the company's statistics. You would want to make sure you're not settling and that the company will be able to support you in your career as well.

I wouldn't turn down a job offer solely based on the type of company it is. Every job has it's own experiences which cannot be taken away in case of the company going out of business. For example, say I accepted a supervisory position at a company that has sole proprietorship and 2 years later something causes the business to dissolve. I still have the 2 years of managerial experience that I can leverage when finding a new position with another company.

I think it all comes down to the type of person you inherently are: risk-averse tolerant. This is usually applied when talking about investing in money, but can also be applied here when undertaking a business venture. Like you said, if you do a little bit of research you can determine the companies track record and get an idea of the direction the company is heading. Some people such as entrepreneurs may be more likely to get involved in some sort of partnership or start their own business, and must assume the risk in doing so. If you just want a stable job, you may want to look for positions in a proven large corporation with relatively strong job security and less accountability. With all of this hopefully factoring into where you are applying in the first place, I do not think I would let any of that influence my decision after the fact. Much of the liability comes from fraud and unethical business practices, so if you are confident you could perform your job duties correctly and in an ethical manner, you should not have any problems.

I 100% agree with you Gabe. Early on in your career, you shouldn't turn down a company just based on how it was formed. If a company extending an offer also has interests and ideals aligned with yours, it would be best to go for it. You would also probably want to be in alignment with the type of work you would be doing at the company.

Later on in your career, deciding on a company based on how it was formed may be important. Maybe you don't want to be part of a partnership because there is no upper management opportunity. Or maybe you don't want to be part of a corporation (S or C) because of certain board members. At this stage of your career, you have more freedom to choose as well.

I wouldn't base my acceptance on the type of company. What I am looking for in a company is good pay and experience that will help me further my career. I think that even larger companies can sometimes offer less because they have a larger pool of qualified candidates to choose from. This wouldn't be a deal breaker if I believe that the quality of work and name recognition will help me in the long run. Similarly, others have mentioned that perhaps initially it is a great position, but it leads to stagnation in the long run. So as you can see, the quality of a position can vary greatly even between companies of the same type.

Another aspect that can correlate with the type of company is the company culture. A sole proprietorship is usually smaller so there will be fewer coworkers. This can lead to a closer working relationship that can enhance the experience. Similarly at larger companies company activities are planned to emulate that same environment. These activities encourage coworkers to form a closer relationship as this will lead to better communication and teamwork.