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Old 01-27-2011, 08:56 PM   #1
Marcellus Marcellus is offline
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Without knowing your company or boss's attitude towards these types of things, I would say keep this in mind.

You are basically holding your company hostage if you tell them about the other offer and ask them to match or meet you somewhere.

Nothing wrong with that but keep in mind, even if they match or meet you in the middle, there may be resentment going forward that could cause trouble later. Maybe not I don't know your company.

Not saying it should be that way or it's correct just saying I have seen it happen.

One approach would be just to put in notice. They will obviously ask you why and you can tell them better financial opportunity. If they want to make you a counter offer it's on them at that point.

I guess all I am saying and you may already know this, don't go in there saying or implying I am leaving unless you give me XXX. Let them approach you about what they need to do to keep you.

If they don't do that you are probably better off going where they value you more anyway.

Good luck.

Last edited by Marcellus; 01-27-2011 at 09:05 PM..
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Old 01-27-2011, 09:16 PM   #2
Saul Good Saul Good is offline
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Quote:
Originally Posted by Marcellus View Post
Without knowing your company or boss's attitude towards these types of things, I would say keep this in mind.

You are basically holding your company hostage if you tell them about the other offer and ask them to match or meet you somewhere.

Nothing wrong with that but keep in mind, even if they match or meet you in the middle, there may be resentment going forward that could cause trouble later. Maybe not I don't know your company.

Not saying it should be that way or it's correct just saying I have seen it happen.

One approach would be just to put in notice. They will obviously ask you why and you can tell them better financial opportunity. If they want to make you a counter offer it's on them at that point.

I guess all I am saying and you may already know this, don't go in there saying or implying I am leaving unless you give me XXX. Let them approach you about what they need to do to keep you.

If they don't do that you are probably better off going where they value you more anyway.

Good luck.
I think I can be diplomatic enough about it that it's not going to be seen as me trying to hold them hostage. If I tell them that another company has made me a very compelling offer and that, while I would prefer to stay put, I can't ignore somebody waving some pretty serious dollars at me, I think they will understand where I'm coming from. I work there because they pay me, after all.
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Old 01-27-2011, 09:20 PM   #3
alnorth alnorth is offline
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Quote:
Originally Posted by Marcellus View Post
Without knowing your company or boss's attitude towards these types of things, I would say keep this in mind.

You are basically holding your company hostage if you tell them about the other offer and ask them to match or meet you somewhere.

Nothing wrong with that but keep in mind, even if they match or meet you in the middle, there may be resentment going forward that could cause trouble later. Maybe not I don't know your company.

Not saying it should be that way or it's correct just saying I have seen it happen.

One approach would be just to put in notice. They will obviously ask you why and you can tell them better financial opportunity. If they want to make you a counter offer it's on them at that point.

I guess all I am saying and you may already know this, don't go in there saying or implying I am leaving unless you give me XXX. Let them approach you about what they need to do to keep you.

If they don't do that you are probably better off going where they value you more anyway.

Good luck.
Thats pretty much how I feel. Your company should know what you are worth and if there is recruiting and competition for labor in your profession, they should know that paying too little has consequences.

If I ever decided to leave someday (I'm happy where I'm at now), I'd pretty much follow what you describe here.

My only other piece of advice is not to make a promise that you cant keep. Don't tell company B that you'll come if they offer +25% and then go back to company A for a match.

Following a long interview process and offer a long time ago for my first job out of college, I didn't have a better option (and liked the company anyway) so I told them that yes, I was coming. The day after another attractive company that had been sitting on my resume forever finally called me for an interview and I shut them down because I already gave my word to the offer I had accepted.
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Old 01-27-2011, 10:43 PM   #4
Mr. Flopnuts Mr. Flopnuts is offline
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Quote:
Originally Posted by Marcellus View Post
Without knowing your company or boss's attitude towards these types of things, I would say keep this in mind.

You are basically holding your company hostage if you tell them about the other offer and ask them to match or meet you somewhere.

Nothing wrong with that but keep in mind, even if they match or meet you in the middle, there may be resentment going forward that could cause trouble later. Maybe not I don't know your company.

Not saying it should be that way or it's correct just saying I have seen it happen.

One approach would be just to put in notice. They will obviously ask you why and you can tell them better financial opportunity. If they want to make you a counter offer it's on them at that point.

I guess all I am saying and you may already know this, don't go in there saying or implying I am leaving unless you give me XXX. Let them approach you about what they need to do to keep you.

If they don't do that you are probably better off going where they value you more anyway.

Good luck.
I agree with this whole heartedly. I wouldn't make any demands. I would decide if I was willing to leave, and if I was, I would explain that it's simply too much money to pass up and give notice. I would also make it clear that I didnt want to go but again, the money is just too much to pass up. If they offer you more, youre good. If they dont, they should at least understand and respect your decision enough to leave an open door if things dont work out at the new gig. Good luck with whatever road you decide to go down.
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