Should You Take That Out of State Job?

The job market has changed drastically in the last couple of years, with unemployment rates hitting 18% in some parts of the country. In some areas it isn't uncommon to see several hundred applicants lining up for new positions, so should you consider an out of state job?

There are 3 important factors to consider when contemplating moving for work.

For some, there may be no option but to look further afield for work. Certainly, there are states where there are plenty of jobs, and some where the wages are far higher, but it is critical to do all of the math before making the leap.

Ask yourself these crucial questions: Will the living costs be higher? Will you have to pay more in taxes? How much will your moving costs be? Can your family handle it?

If your family isn't into it, you may need to think twice. Peace on the home front is priceless!

According to a recent survey, up to 63% of organizations say they allocate money for hiring bonuses and funding relocation costs. They may not always advertise it, but it is there.

Depending on your field, there may be a huge shortage of talent in some states, and six-figure sign-on packages may not be out of the question.

How much can you get up front? Will the employer pay your moving costs? What if your current house is going to be tough to sell? Will they compensate you for taking a loss or provide housing?

Firstly, you can't count on every interview turning into a job. Worse, some firms can require two to seven different interviews and tests before actually hiring, no matter how much they loved you during the first one. This means most job seekers can easily go broke before getting a yes.

Don't lose money on your out-of-state job search. Ask whether you can begin with a phone or video conference interview to make sure you are a good fit. In some cases, you may even be able to test or prove yourself on a part-time, virtual basis before taking a flight.

Be prepared for different sets of questions and know that you face additional challenges in getting hired for many out-of-state jobs. Is the terminology different? How can you make sure they will believe you will fit in? Make sure you have answers to why you will stay once you make the move. New hires and training cost companies millions, and they don't like turnover. Does your wife absolutely love it in your new city, do you have family there, or has this always been your dream place to live and work?

There are incredible opportunities for those willing to take out-of-state jobs right now - just make your job search profitable.