SWOT and PMI Analysis to Select the Best Job Offer

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Introduction
A natural progression in a life of a young adult after graduated from university is to look for a job. Thank goodness with hard work and preservation I’ve managed to complete my study with flying colours! My job hunting seems to be brief and here I am offered with three very attractive job packages, so interesting until I have difficulties on deciding which one is the most suitable offer for me. Here are the job packages that has been offered by three different companies, Company A, Company B and Company C. Company/ Offer | A| B| C|

Salary | High| Medium | Low|
Annual Leave| 26 days | 30 days| 24 days|
Allowance | Included | Not included| Included|
Overtime Claim| Not allowed| Allowed | Not Allowed|
Medical Benefit| Included | Not Included| Included|
Distance| Very far – 35km| Near -10km| Far – 25km | Suitability of Qualification| Very related | Slightly related| Averagely related | Nature of job| Slightly interesting| Very interesting| Not so interesting| Opportunity to advance| Medium| Low| High |

Stability | Not Stable| Very Stable | Quite Stable|
Table 1: Job offers
To be able to choose the best job offer among the three companies, we can use the problem solving protocol. As stated by Cherry (2012), “The ultimate goal of problem-solving is to overcome obstacles and find a solution that best resolves the issue”. Problem solving is a mental process that involves in discovering, analysing and solving the problems. After the root cause of the problem is notified, as per our case we have identified the three job offer packages, next step would be choosing the best option. This is what we can relate to as decision making process. According to Harris (2012), “Decision making is the process of sufficiently reducing uncertainty and doubt about alternatives to allow a reasonable choice to be made from among them”. By looking at Table 1 we have categorised important criteria for a quick comparison. At first glance of course the best offer like high salary, allowance, overtime and medical benefit always gets the attention first. As we go down and truly analysed these offers, looks like each company has its pros and cons. We will then have to analyse the offers and also consider its consequences, and then choose one that is best fit our goals. Hence a proper tool is needed to properly identify each of the company’s strength, weakness, opportunity and threats. This tool is called the SWOT analysis tool. SWOT analysis considered both internal and external factors. The internal factors are strengths and weaknesses, while external factors are opportunities and threats. Strengths highlight the advantages of a company over the other choices. Weaknesses are the criterion that does not impress the candidate about a job offer. Opportunities are what benefit that is not mentioned in the job offer, but can be taken as an advantage. Threats are external factors that could bring difficulties after we have accepted the job offer (Kyle, 2004). 2.0 SWOT analysis for each company.

To make a clearer comparison between each company, we can identify their strengths, weakness, opportunities and threats in SWOT matrix. The action plan of SWOT analysis is based on short term goal that suits fresh graduates as they would want to start working immediately. This comparison is based on these prioritized aspects: * Salary and overtime entitlement.

* Medical benefits, allowance, annual leave and distance of the workplace. * Nature of job and relativity of qualification.
* Opportunity to advance and job stability.
2.1 SWOT for Company A
STRENGTH * Highest salary * Allowance included * Medical benefit included * Very related to qualification| WEAKNESS * Not entitled to overtime claim. * Location of work very far (35km) * Nature of job slightly interesting * Moderate annual leave of 26 days * Medium opportunity to advance in career| OPPORTUNITY...
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