The news that you've earned a job promotion may elicit feelings of joy and satisfaction. After all, it signifies that your hard work has paid off and confirms that your employer recognizes your abilities and your value to the company. Your ultimate success, however, depends on how you respond to the news. After expressing your gratitude, consider all angles of the process before accepting a promotion.

Job Requirements

Before you accept any new job, find out about the requirements and demands. Ask your employer how the new job will affect your work hours and about new duties and responsibilities. Your employer may require you to work longer hours, including nights and weekends, and may ask you to perform more difficult tasks, which may cause you increased stress and sap your energy. If you know the person who previously held the position, consider how satisfied about the job that person seemed and how much time the person spent at work. You also need to find out about your new team. Knowing your staff and supervisors may help you decide whether you want the job.

Pay and Benefits

Inquire about pay, benefits and opportunities for advancement in the new job. In most instances, a promotion comes with a pay raise -- but that is not always the case. Some hourly employees who work a lot of overtime might earn less in a salaried position, for example. If the promotion comes with a bump in pay, make sure the increase fairly compensates you for the requirements of the new job. On the other hand, you may receive more paid vacation time, a more attractive health insurance plan, a retirement plan, a larger office or use of a company car. If you are unsatisfied with the pay and benefits offered, do not decline the offer before asking whether your employer will negotiate. Lastly, ask about opportunities for subsequent promotions.

Think it Over

Before you accept a promotion, take some time to consider all aspects of the offer. After all, a promotion may affect your personal life. New job duties may cut into your family time, force you to quit a hobby or require you to cancel a big trip. Thank your boss for considering you and ask whether you can have a few days to decide whether to accept the promotion. Most employers will respect this request. Use this time to talk with family members and to think about any sacrifices you must make. Weigh these considerations against the benefits of the promotion.

Give Them Your Answer

Meet with your employer within the agreed upon time frame for your response. Reiterate your graciousness for the offer and accept the new job with a show of happiness and gratitude. Make sure your words and body language reflect your willingness to do the job. Your employer may ask you to sign paperwork signifying the terms of the promotion. Before you leave the meeting, make sure you know the details of when you will begin the position and any steps you need to take during the transition period. Start redefining relationships with co-workers by making them aware of your promotion and how your new job duties may affect your workplace relationship.