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What's an average/normal paid time off policy for new hires?

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My current employer offers 3 weeks of vacation with the option of purchasing an additional week. Im also given 1 week of sick time and 1 week of personal time.

The new company that has sent me an offer letter is only offering me 1 week of paid time off. This one week is my vacation, sick, and personal time. I understand that this company is a small business but I feel like this is too low. Honestly, almost insulting and bad.

Am I right to feel this way? Is this really normal or common?