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offer questions

Posted on 10/9/13 at 11:02 am
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67003 posts
Posted on 10/9/13 at 11:02 am
As some of you may remember, I had 10 interviews last Friday with various companies, mostly in South Louisiana or Houston. I was very surprised this morning to get a call from a Houston based electrical company with an offer (formal offer sheet coming in the mail). First of all, I've never had even a thank you callback or email this soon after an interview let alone an offer. I was expecting to hear back from some of these companies over the next few weeks to hopefully get a second interview (maybe at that company's office) next month ect.

The offer seems pretty good. Solid pay, $2000 in relocation help that I'd get on my first paycheck, full benefits, 401k, separate additional retirement, 2 weeks paid vacation (goes up to 3 after 5 years), 10 paid holidays, ect; but I only have 3 weeks to accept or decline.

What do I do? I may not even hear back from a lot of these large local companies until late October. The only one I know I'm going to get to talk to is one local company that I'm meeting with on Monday to see about interning part time during school before starting full time post graduation.

If the other companies I'm interested don't give me an offer in that time span should I take it? Should I gamble and turn it down hoping something better and more local comes along? Do I try to negotiate and get a better salary? Do I use the offer as leverage on other companies? If I do, how do I do those things? Is it Chef, Mr. Garrison, the '82 Denver Broncos?

Any help would be much appreciated as always. Ya'll have been awesome so far.
Posted by MStant1
Houston, TX
Member since Sep 2010
4527 posts
Posted on 10/9/13 at 11:12 am to
Similar situation happened to me when I was graduating. First off I would not try to leverage an offer. Most large companies hiring straight from school don't generally offer the negotiation flexibility that someone with experience is generally provided. A lot of these companies generally offer all new college hires very similar if not the same salaries across the board, and these are often set by HR.

What you can do is contact your recruiter (or whoever is the contact), express your gratitude for the offer and request whether it would be possible to have an extra week or two for your decision.

They may say yes and they may so no; but as long as demonstrate maturity and interest they shouldn't get pissy over the request. Especially considering they know you interviewed at multiple places. Try phrasing it more that you want to make an informed decision rather than hinting that it may truly be about money.
Posted by LSURussian
Member since Feb 2005
126957 posts
Posted on 10/9/13 at 11:32 am to
Just tell the Houston company before you accept their offer you're waiting to hear from other companies you interviewed with to see if they make you a better offer.

I'm sure they would understand....
Posted by DontTazeMeBro
Gatlinburg, TN
Member since Oct 2011
152 posts
Posted on 10/9/13 at 1:25 pm to
quote:

Is it Chef, Mr. Garrison, the '82 Denver Broncos?


I laughed
Posted by Lsut81
Member since Jun 2005
80094 posts
Posted on 10/9/13 at 1:28 pm to
quote:

but I only have 3 weeks to accept or decline


Only? Holy shite, that is a long time.
Posted by LSUTOM07
Baton Rouge
Member since Dec 2011
765 posts
Posted on 10/9/13 at 1:47 pm to
quote:

Only? Holy shite, that is a long time.


I agree. I had 3 days.

Don't pass up an offer if you have nothing else on the table at the end of the 3 week period. If something comes along down the road that is just head and shoulders better than your current offer, then just cross that bridge when you get there

Congrats
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 10/9/13 at 1:53 pm to
quote:

Only? Holy shite, that is a long time.



Pretty common with Fall on campus interviews for Summer 2014 hires.
Posted by Chris4x4gill2
North Alabama
Member since Nov 2008
3092 posts
Posted on 10/9/13 at 2:10 pm to
Dont turn down the offer unless you already have a better one in writing.

At the end of the three weeks, if you dont have any other offers, request additional time. If they cant wait, I would go ahead and accept. If another offer comes in, then like was said.... cross that bridge when you come to it.
Posted by Lsut81
Member since Jun 2005
80094 posts
Posted on 10/9/13 at 2:32 pm to
quote:

Pretty common with Fall on campus interviews for Summer 2014 hires.


I'm just saying, he made it sound like 3 weeks was a short time frame. In the deals I have seen, responses are often required with 2-3 business days. I don't think I've seen a response go longer than a week and even then, there was back and forth and counters taking place.

Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 10/9/13 at 2:41 pm to
quote:

I'm just saying, he made it sound like 3 weeks was a short time frame. In the deals I have seen, responses are often required with 2-3 business days. I don't think I've seen a response go longer than a week and even then, there was back and forth and counters taking place.



The interviews take place over a 6 week period, they know these guys are meeting with other companies too and are courteous of each other knowing they aren't all on campus at the exact same time.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
67003 posts
Posted on 10/9/13 at 3:13 pm to
How I'm used to these interviews working is I give an interview, two or three weeks later I may get a call back saying they want to bring me in to their office for a second interview in a couple weeks. Then, after that second interview, an offer may or may not come in a few weeks later. That way, if I interview in early October, I may have an offer by the time finals rolls around in December.

In this situation, I have to accept or decline a pretty damn good offer, from a company that certainly was not one of my top choices, before getting the chance to even find out if I'm being considered by the companies closer to home.

I also don't feel good about the idea of accepting an offer only to turn around and decline it a few weeks to a month later if something better comes along. Thee good thing is, at least I'll be sitting down with one of my top 3 options on Monday.

Also, I know that three other great opportunities won't even be interviewing until the spring so I'm just kinda at a loss. I guess I'm just going to have to see what happens on Monday and decide whether to accept or decline the last week.
Posted by Booyow
Member since Mar 2010
3990 posts
Posted on 10/9/13 at 3:50 pm to
quote:

I also don't feel good about the idea of accepting an offer only to turn around and decline it a few weeks to a month later if something better comes along.


Do what is best for yourself. If that is accepting this job knowing that you will likely turn it down in the future, so be it.

The company was in business before you came along and will still be in business if you don't join them.

You will feel like a major dumbass if you decline this job now, then graduation comes along and you don't have any other offers.
Posted by lynxcat
Member since Jan 2008
24123 posts
Posted on 10/9/13 at 4:24 pm to
I had this exact scenario happen.

You need to A) inform the companies you interviewed with that you have a pending offer and if there is anything that they can do to expedite the decision making process on whether to offer you or not, then it would be greatly appreciated B) let the company that offered you know that you would like an extra couple weeks to make a decision, if possible.

You are in demand -- this is a good problem to have. I never thought I would get the interest I did coming out of undergrad...sounds like you are faced with a similar predicament.

I will say that spending an entire afternoon calling people to say "thanks but no thanks" was not enjoyable.
Posted by theBeard
Member since Jul 2011
6739 posts
Posted on 10/10/13 at 6:31 am to
If you haven't reached out to the companies that you interviewed with I would. Simple email thanking them for taking the time to meet with you and that you look forward to working with them in the future. When I have hired college interns or first yr grads I would look for the guy the put in the extra work. Unless you have something that sets you apart, I would have 5 candidates that were basically the same.
Posted by hiltacular
NYC
Member since Jan 2011
19665 posts
Posted on 10/10/13 at 9:15 am to
You have until the start date of the job to make a decision one way or the other.
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