On job offers

Greg Wyatt • October 30, 2024

This article covers the following, in service of considering whether a job offer you’ve received is the right move:

  • Identity

  • Total compensation

  • Opportunity cost

  • Impact

  • Culture & People

  • ikigai (not Ikigai)

Let’s get into it.

Identity

At the start of any job search, I recommend establishing what your career identity is.

This may be at the point of an unexpected redundancy, when you’ve decided your current job is no longer right, or even if a recruiter contacts you out of the blue with a compelling proposition.

I also recommend you do this once a year, even when gainfully employed, because it’s easy for the path of employment to diverge from where you want your career to go.

It’s simple really, and goes back to basics with key questions.

  • What’s your current context personally, with family, in life? What do you need and how does work reflect this?

  • What are your core values? The ones that underpin who you are, and who you want to see in the mirror. How does work reflect this?

  • What are the things you enjoy, are neutral about, or dislike in your career? What does this look like in your current job?

  • How has the company changed in the past year? How has the world changed? How does this reflect you as a person?

  • Who do you want to be as a person, family member, friend and peer?

  • What impact do you want to make?

  • How much do you need to earn and by when?

These answers aren’t fixed and can change quickly with a change in circumstance, as you change over time, or for reasons out of your control.

It’s a good idea to establish what you want and what you need, and therefore what this looks like in your next job.

If you find yourself out of work, and with bills to pay, one answer might be to take a job stacking the shelves at night, so you can look for work during the day.

Or you may have cash in the bank and can afford to wait for the right role, rather than any role.

There’s no one right answer, but there are answers that you can find for yourself.

This identity informs your job search strategy, part of which is the roles you go for, part of which is the approach you take, and part of which is what an acceptable job offer looks like for you.

Total compensation & opportunity cost

It's common to see salary as the most important factor in a job offer negotiation.

However, it's better to look at negotiating total compensation and opportunity cost.

Total compensation is the overall financial value of a role. It includes things like:

Salary
Pension contribution
Bonus
Commission
Car allowance
RSUs

Some benefits are salary sacrificed or tax efficient - their value goes beyond what they appear on paper.

For example a great pension scheme will save you 20% or 40% on tax payments in the UK across the salary invested. It might even, at a higher salary level, improve access to child benefits.


Conversely opportunity cost is the consequence of taking an offer, compared to what you might have if you stayed.

For example:

Moving to a three-day hybrid, compared to full remote. What's the cost of mileage, and time travelling? What's the cost of heating your home when fully remote?

Or - a role that offers more money now, but no progression in future. Vs a role that pays less now, but will leapfrog in future, while giving you skills that support career growth. Are these contractual, things that are likely to happen, or empty promises - look for evidence such as a track record with other employees.

It's entirely possible to accept an offer with a higher salary, yet find yourself worse off with take home pay.

Consider all the financial implications of an offer.

Impact

Impact goes both ways. The impact you can have in your new role, and the impact your new role will have on you.

Important to understand both against your career identity.

A high paying job that takes you away from a young family might be a solution or a problem.

A brilliant job that’s an unsustainable commute won’t work long term. Does that matter to you?

A well paid job that gives you a good balance at home, yet will only be a cog in a machine - a dream for some, unfulfilling for others.

Impact also includes trajectory. Are you someone who wants to do the same job over time, in a structured way? Someone who wants regular advancement and career development?

Both, and others are fine. Make sure you know what you are getting yourself into.

Culture & People

It’s at least partly true that people leave bosses, not jobs.

While decent people can become bad bosses for various reasons, some of which relate to the environment they manage within.

The problem is that people are on their best behaviour in interview processes, while culture as it’s pitched doesn’t always reflect the culture experienced.

The interview process should be there for you to establish this as much as possible.

But it’s also a good idea to do your own research, to get a sense of a company’s values, principles, how it treats its people, and all those other elements that will affect a career with them.

This is research to be done at interview stage, even before. These points may help.

Click on the link right above for why I differentiate.

Ikigai (with a little i) is a great Japanese concept. In its original form it means ‘what you get out of bed for’ or ‘those small moments we take pleasure in’.

Rather than the westernised Venn Purpose Diagram many are familiar with as Ikigai (with a big I). Indeed, if you ask people in Japan what they think of Ikigai they may well say something along the lines of “huuunnhh?”

This ikigai is an important principle in job offer.

It’s those qualities unique to you (often defined by your career identity) that you take pleasure in, while others around you may not get it.

Sometimes this is gut instinct. Important to listen to, important to challenge.

It’s at least part of your decision in a job offer.

Everything else might be just alright, but there’s an ikigai in your job offer that might be good reason to take it.

For example, I’d stack shelves at night, while looking for work, if it meant it paid the bills and supported my family. That’s not something to be ashamed of - that’s my ikigai.

Or it might be the company’s purpose and what they are doing to improve the world.

ikigai is unique to you, and it makes everything better if you can find it.

Those are the key points I’d consider if given a job offer.

There’s no right or wrong, only right for you and the people you support.

Thanks for reading.

Regards,

Greg

p.s. please share this article with your fellow job seekers. LinkedIn has decided this substack is, at least for now, harmful content and removes links to it. Frustrating when I try to share it in posts, with contacts, or in declining applications.

A standard diagnostic

By Greg Wyatt • October 22, 2026
The other day I read a LinkedIn post about the iron triangle as it relates to recruitment. That you can be fast and good, but it will be expensive. That you can be fast and cheap, and it will be bobbins. Or that you can be cheap and good, but it will take longer than the heat death of the universe. At first glance it’s always made sense, with caveats, though that sense has been ablated with the promise of AI. Something that promises to be quicker, cheaper and better than people can manage. The only thing this triangle lacks is judgement-with-responsibility, something AI-style LLMs are currently incapable of, which is why they can be such problematic technology for recruitment. Though if your priority is speed, saving money, and filling jobs, the lack of judgement in even those algorithms that promise black box bias freedom might not be a problem you’d think much about. And when the top is spinning in an elegant way this might seem a standardisation you can apply everywhere, while you get on with your day job. Sadly the only place a spinning top doesn’t stop is when you were dreaming all along. AI has made me think about why the fundamentals of recruitment are so important, using judgement before we launch our projects. Which is why I like the 5Cs of project management as a way to look at recruitment: complexity, criticality, compliance, culture, compassion. With an adaptation and an additional C to be fit for purpose. It’s a great way to consider what approach to deploy: Complexity: the number of moving parts in a role, supply and demand in the candidate market, resources required to engage and bring forward the right people Criticality: the impact a vacancy has on the organisation. The opportunity a great hire brings. The damage the wrong hire can cause. And everything in between Channels: we go where the candidates are, whether at the end a headhunt, from an advert, from sourcing across LinkedIn Recruiter/equivalent tools, CV Databases, ATS records, other platforms, internal applicants, suppliers, consultants, temps, networking, referrals or even from a little black book, which I suspect will become more relevant again when data becomes noise Compliance: not just employment law, but how technology is used to find, engage and assess candidates in a fair, equitable and inclusive way Context: the full picture of the company – its organisational and local cultures, principles and values, mission, vision, goals, challenges and trajectory. The nuts and bolts, what that means for your candidates, and trying to understand the same in them Compassion: recognition of the impact a vacancy has on the employer and its team, balanced with how everyone can be brought together. And compassion for everyone that interacts with our recruitment, in process or invisibly Yes, I swapped context for culture. Hiring for context necessarily includes culture, and goes much further. And I've added Channels, which should always be established before going to market. I like these because they’re a way to ensure that how you recruit is proportionate and appropriate. They may even highlight you shouldn’t hire at all. But what you shouldn’t do is assume one recruitment process is the same as the next, nor that the investment made in reaching desired outcomes should be. What may seem expensive to you might bring an unexpected return on investment. What seems slow at the outset might bring a starter quicker than hoped – proper planning and all that. What seems good quality might fall apart, when the promises prove inadequate. That’s why it’s so important to diagnose first, before standardising. Greg p.s. You're welcome to try my free Hiring Diagnostic & Plan . It's not based on the 6Cs, which I think require more depth than a free tool can reasonably provide. Instead, it draws on principles from other disciplines: True and Fair from accounting, and Suitable and Sufficient from health and safety. It's free and private. Give it a go, and let me know if you'd like to chat through how the 6Cs might apply to your recruitment and enhance the resul 

Introduction to the hidden jobs market

By Greg Wyatt • October 14, 2026
On Wednesday 21st, I'll be doing a LinkedIn Live on The Hidden Jobs Market, joined by Paul Woodhouse. Paul is a marketing leader who has been looking for work in our challenging market. A previous role was a Hidden Job, and has also hired people himself. We'll be looking at his experiences to give a little substance to what can be a nebulous term. I'll show the steps anyone can take to become available for unadvertised vacancies, and for advertised vacancies that are filled by other means - after all employers consider more than only applications when taking a standard approach to recruitment. As a recruiter I don't advertise around half my vacancies, which might be for reasons of confidentiality, a lack of definition in the brief, a on the QT replacement for someone about to be dismissed, or mass availability of candidates. I'll use LinkedIn Recruiter to look for potential candidates, CV databases that can be more effective for immediate hires, my network for referrals and recommendations. My previous candidate pools for other vacancies - some of whom might have once open a time been applicants. Indeed, that last point shows the absurdity of much job search advice. If you apply for a vacancy on an ATS, you might be rejected, yet still be considered for future vacancies in the same employer. A hidden job hidden by an advertised job, where tailoring your CV with AI might make you less likely to be considered. Join us on Wednesday, or if you aren't free, the recording will be available immediately. Both can be found here: https://www.linkedin.com/events/7516049669924225027?viewAsMember=true . The chapter below from A Career Breakdown Kit (2026) shows a simple metaphor for the hidden jobs market, why it's such a silly term, and a better way to think about your own job search. 3 - The hidden jobs market In most of the calls I have with job seekers they will ask me about The Hidden Jobs Market. What is it? Is it real? How can I access it? Before we get into that, we should talk about tomatoes. As you read this next section, imagine a tomato is a job. So, you want to procure some tomatoes. How would you? Your local farm shop. The supermarket. Wednesday’s stalls. Maybe you subscribe to a weekly box of veg. Maybe you grow your own. Maybe you trade for the tomatoes from Tim’s allotment. Maybe you look at people funny when they ask for an intro to Tim because his tomatoes are wonderful. You likely wouldn’t buy some from Amazon - they don’t sell fresh food. Not to me anyway. Though you might buy tomato seeds from Amazon if you grow your own. Maybe even cans of crushed tomato, sauce, puree, or whatever meets your needs. As the channel you use to source tomatoes isn’t the only consideration, so too is the configuration of what you need. While you and others all access tomatoes in different ways, some of which overlap, and some of which are mutually exclusive - none of these channels are hidden. It’s just that you may not know how to access some channels, while others won’t be available to you. Now I want you to read that section again. Instead of being your desired job, you are an employer whose desired tomato is a candidate of choice. While recruitment is the inverse of a job search (more on this later), the analogy is better from the employer perspective because they are on a buyer’s journey where you are the product. Employers want to fill their vacancies through the best means. Some vacancies are easy to fill, others not so, and they will access the channels necessary to find the right people. In many situations, they won’t advertise a vacancy, which might be for reasons of confidentiality or convenience. Some say this is as much as 80%, a flawed figure which comes from a flawed survey, or perhaps it comes from a newspaper article in 1974 before computers were a thing. In my recent small-scale research, it was indicated more than 62% of vacancies are advertised. 53% responded they advertise more than 75% of vacancies. Many of the respondents were headhunters, whose business may be based on not running public adverts. I expect this will have skewed the results lower than the true figure. What employers don’t do is hide vacancies systematically. To access these vacancies, you need to understand the channels through which employers hire and invert these channels to form your strategy. Much like how tomatoes are sold through channels which consumers buy from. Is the hidden jobs market real? Yes and no. Yes, in the sense that not all jobs are advertised. Some are confidential, some for reasons as mundane as not wanting to deal with hundreds of advert applicants. No, because it isn’t a term that has inherent meaning. Speak to people who advocate for it, often a career coach, and they’ll tell you it’s anything from personal branding and networking to going direct and being referred in. When vacancies aren’t advertised by employers, they often fill them through sourcing - this is a specialist skill related to finding people where they may be found: LinkedIn, CV databases, corporate databases, GitHub, Facebook, YouTube. These are all channels you can access as part of an appropriate multichannel strategy. Which means if you have the right multichannel strategy (I call this Through-the-Line, which we’ll cover in parts 2 and 3), you access all jobs available to you, including those which are hidden and those which are in witness protection on another continent. Who are the headhunters that specialise in your domain? Who are the people who can refer you to jobs? How can you be more discoverable on LinkedIn and CV databases? How can you gain an understanding of the ways in which your ideal job is recruited, so you can take advantage of those channels? Those are better questions to answer to allow an effective through-the-line, multichannel strategy involving outbound and inbound leads. Despite me being vocal about why Hidden is a flawed notion, two people have thanked me for advice that led to their new roles claiming they’d accessed the hidden jobs market. As I gritted my teeth in hidden rage and congratulated them on their success, they unveiled the truth. What they actually did was map out their real life network of people they’d worked with and got in touch. If the people you know don’t know that you are looking for a role, what reason would they have to tell you about a vacancy? It’s simple marketing - right place (LinkedIn), right person (ex-colleague), right message (looking for work), right time (we’ve a vacancy). Of course, that takes a bit of luck to achieve the right congruence. Odds you increase through volume and follow up. And when you do find those opportunities, they are easier to win because you are a known name, not another unknown CV. There it is, the hidden tomato market.