Question

In: Finance

You have just received job offers from both of these banks. Assuming that the starting salaries,...

You have just received job offers from both of these banks. Assuming that the starting salaries, employee benefits, and job responsibilities are the same for each bank, explain the reasons why you would accept the offer of one bank and not the other. the banks are RBC AND TD BANK

200 - 300 words

Solutions

Expert Solution

Hi,

There are various reasons one should consider while selecting a job offer besides Starting Salaries, Employee Benefits and Job Responsibilities. Some of them are:-

  1. Career Growth:- Career Growth means ability to learn new skills and appy those skills to work. If a Company doesn't believe in career growth then no person will work for that organisation. For Example:- In TD Bank there is scope of career growth and there are career opportunites available then every person want to become employee of TD Bank.
  2. Job Security:- Job Security is the state of having a job that is secure and from which one is unlikely to be dismissed. A job in which employee have fear that anytime he will be replaced then no one want to accept that job. For example:- In Case of RBC there is more job Security than that of TD Bank. So many of the person will accept the offer of RBC Bank.
  3. Management Behaviour:- This is another parameter which should be considered when seleecting an offer. If behaviou of management is some kind of rude and they didn't explain you your authority and responsibilities properly then there will always be a problem with job. For Example:- The Senior Management of RBC is good than that of TD Bank then as a prudent person one should join RBC.

Thanks!


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