When you are starting a new job, you need a clear understanding of the responsibilities, the company culture, and the prospective growth of the company. In a financially troubled startup or an environment with difficulties, you do not want to take a chance. Following your exploration of the company’s website, press coverage, online reviews, and Google results, you should determine which of the following questions could be useful for you to ask to make an informed decision as to whether you should accept the job offer or not. Make sure that you are not asking questions that have already been answered on the company’s website or in the materials you have been provided. It may be more appropriate to ask these questions after you have been offered a job (for instance, some questions should be asked right after accepting).
Job specific questions
Ask questions and interrogate the interviewer Why what where when how who Before taking on a job at a startup company, be sure to ask these In order to establish a strong professional relationship with a startup company, you should be aware of the role, the company culture, and the company’s If you don’t want to work in a problem environment, you shouldn’t join a financially troubled startup. Following your exploration of the company’s website, press coverage, online reviews, and Google results, you should determine which of the following questions could be useful for you to ask to make an informed decision as to whether you should accept the job offer or not. However, make sure you don’t ask questions that have already been answered on the website or materials you received from the company. It is also a good idea to consider the appropriate time to ask these questions (some questions you might want to ask after you’ve been offered the job).
2. Compensation and Benefits Questions
When seeking a job with a startup, you should clearly understand the compensation, bonuses, and benefits of the position. Therefore, make sure you answer these questions as thoroughly as possible When will the base salary be paid? If a signing bonus is available, what will it include? In addition to the base salary, how much is available in the form of performance bonuses, commissions, or additional compensation? Is there a stock option or equity incentive plan at the company, and how many options am I going to get? What is the percentage of the outstanding capital of the company that that represents? In the event of stock options, what is the vesting schedule? What will happen if the company is sold or if an employee is terminated without good cause as a result of a company sale (as in the case of executive roles, but less likely to happen in the case of lower-level employees) What health benefits are offered (For instance, does it offer a 401(k) plan to employees or do they get equipment such as cellphones or laptops as part of the benefits package?)
3. Capitalization and Financial Questions
Take a moment to consider the following questions in order to recognize the company’s financial situation. It is possible for companies with great cultures to fail if they don’t have the financial resources to grow. How much funding has the company raised in the form of venture capital, angel capital, or other funding? Do you know how much leftover funding the company still has and how long it will be before it needs to seek another round of funding? Who are the major investors in the company? (This is asking what the company’s burn rate is, which is, in essence, how much the company loses in one month, considering its revenues and expenses.) Will it be possible for me to receive a copy of the most recent investor pitch card describing the company (prominent individuals or venture funds are a plus)? Revenue growth is it high or low at the company? When was the last round of financing completed? What was the valuation of the company? In what part of the market does the company stand to gain most? Can you tell us about the company’s key traction? Increased revenues, strategic alliances, venture funding rounds, and positive press could be viewed as signs of progress (tactical).
4. Company Mission, Vision, and Positioning Questions
In your investigation of joining a business startup, you should understand the firm’s vision, mission, and plans for success. Consider asking your potential employer questions such as these In what ways does the company aim to achieve its mission? How do you plan to grow the company? During the next year, what are the key milestones that the company needs to achieve? Is there a part of the job that you enjoy the most? How can the company take advantage of its biggest opportunities? In what areas does the company face the most challenges? How does your company stand out from others? Do you know anyone who is a key competitor of the company? What is your prediction for the future of the company? Will it be acquired or go If that happens, when do you expect it to
5. Legal Questions
If you plan on joining a startup, it may be useful for you to ask these little-known questions Can an employee be paid a severance package if they are terminated without cause? The company is it a party to a litigation or government or regulatory proceeding? After my employment ends, will I be subject to any non-compete agreements or other restrictions? Non-compete agreements (some states allow them)