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Anyone ever use another job offer as a tactic to get a raise/promotion?

Posted on 12/22/24 at 10:57 am
Posted by Jenious
Member since Apr 2020
753 posts
Posted on 12/22/24 at 10:57 am
I've been at the same job for quite a while. There's only 3 employees here that have been here longer than 15 years and I'm one of them, the rest are all under 7 years.

The problem is my compensation. I'm paid decent and not struggling, however I could be making $20K more a year. There isnt anyone here that knows our system like I do and If I ask for a raise, they won't give me one but if I show another job offer on the table, they may pony up and match it.

There is a position open at a business that I personalky know a lot of higher ups and would definitely get an interview and a high chance of getting hired. Anyone have experience with this?
Posted by Rouge
Floston Paradise
Member since Oct 2004
137760 posts
Posted on 12/22/24 at 10:59 am to
You can do it, but be prepared for them to shake your hand and wish you luck at your next company.

Don't bluff.
Posted by beulahland
Little D'arbonne
Member since Jan 2013
3852 posts
Posted on 12/22/24 at 10:59 am to
do it
Posted by DiamondDog
Louisiana
Member since Nov 2019
11894 posts
Posted on 12/22/24 at 11:00 am to
I've leveraged it. I didn't ask for a counter. They did. I accepted.

Couple things...never stay. You burn good will even if its amicable. Trust is gone. You'll constantly compare your "lost" opportunity. Eventually you'll sour on the job even if there is no functional change.
Posted by rintintin
Life is Life
Member since Nov 2008
16702 posts
Posted on 12/22/24 at 11:00 am to
Only if you're willing to jump ship if they say no. Otherwise you have zero leverage and when they call your bluff you'll be in a worse position than before.
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
68779 posts
Posted on 12/22/24 at 11:04 am to
Be fully prepared to leave for the other job and be at peace with it.
Posted by pbro62
Baton Rouge
Member since May 2016
13951 posts
Posted on 12/22/24 at 11:04 am to
No one
Posted by Champagne
Sabine Free State.
Member since Oct 2007
51348 posts
Posted on 12/22/24 at 11:08 am to
Show them your abs then threaten to quit and go full time OnlyFans. That'll break the ice and put them in a good mood for when you ask for a raise.
Posted by Grassy1
Member since Oct 2009
7241 posts
Posted on 12/22/24 at 11:12 am to
quote:

There is a position open at a business that I personalky know a lot of higher ups and would definitely get an interview and a high chance of getting hired. Anyone have experience with this?


Go get an interview. If you get an offer, then you have leverage.

Short of that, obviously, you're taking a big risk.
Posted by Athis
Member since Aug 2016
14447 posts
Posted on 12/22/24 at 11:12 am to
Like Ralph Kramden... "The Old Squeeze Play"...
Posted by yellowfin
Coastal Bar
Member since May 2006
98408 posts
Posted on 12/22/24 at 11:29 am to
Unless you have ownership in the company, there is no reason to stay at a job for 15 years.
Posted by dcrews
Houston, TX
Member since Feb 2011
31229 posts
Posted on 12/22/24 at 11:32 am to
Don't do this if you aren't already willing to leave and if you don't already have an offer letter in hand. (Only exception would be if it's literally affecting your physical and/or mental health in a hugely negative way. Even then you need to make sure you have enough money for at least 6 months expenses in case you can't find something)

There's plenty of people that think they are worth more than what the market actually thinks they are worth, so having an offer in hand for what you think you're worth needs to happen.

The industry in which I work, leaving (or being willing to leave because of other offers) is the only way to consistently get paid market value and receive sizeable pay jumps (which is why I am where I'm at now salary-wise).

I've left a few positions this way (both ones I liked and ones where I was just burnt out), but I ALWAYS had an offer in hand (minus the one time where I quit an 8 year job simply because it was making me more miserable than I've ever been and I was in a financial position to take over a year off if it came to that).
Posted by Gris Gris
OTIS!NO RULES FOR SAUCES ON STEAK!!
Member since Feb 2008
49054 posts
Posted on 12/22/24 at 11:33 am to
quote:

f I ask for a raise, they won't give me one but if I show another job offer on the table, they may pony up and match it.


So, you already know they won't give you a raise if you ask for one. Even with that information, you're counting on the possibility of a raise of tell them you have another job.

You better have another job to go to before you ask. If I think an employee deserves a raise, I give it. If they come to me with the other job deal, I congratulate them and have them pack up that day.
Posted by cheobode
Member since Dec 2017
1413 posts
Posted on 12/22/24 at 11:36 am to
A woman at my job decided to up and retire one day after 25 years. She had the time and age to be able to do so. She is one of those employees that if you lose, you're in a huge bind and they never wanted to hire a replacement or train anyone. She had enough on a Wednesday, walked out and texted the boss she was retiring to spend time with her family. The boss gave her a 25% raise with the promise she will stay a minimum of two years and they will find her replacement. She accepted.
Posted by BabyTac
Austin, TX
Member since Jun 2008
14261 posts
Posted on 12/22/24 at 11:39 am to
I’ve been offered raises/promotions when having another offer, but had already made up my mind to leave regardless.

I’ve never tried to use as leverage and would not advise trying to hold a company hostage unless you were planning on walking.

Also makes a big difference if this is a tenured employee or someone who’s been there a year. I know the first thing I’ll assume with the later is will this be an every year thing. Walk. We’re not flying people to the moon here. You’re replaceable.
This post was edited on 12/22/24 at 12:51 pm
Posted by LSUlove
Louisiana
Member since Oct 2003
572 posts
Posted on 12/22/24 at 11:39 am to
quote:

There's plenty of people that think they are worth more than what the market actually thinks they are worth, so having an offer in hand for what you think you're worth needs to happen.


This is the most accurate thing I have read all day.
Posted by jamiegla1
Member since Aug 2016
7552 posts
Posted on 12/22/24 at 11:39 am to
If you accept a counter and stay, you’ll eventually leave. It’s like couples that reconcile
Posted by Pax Regis
Alabama
Member since Sep 2007
14302 posts
Posted on 12/22/24 at 11:50 am to
Do it. And do it with the confidence that if you quit they’d offer the replacement candidate 20% than you make right now.

If you haven’t gotten a 30% to 40% pay increase over what you were making in 2020 you are getting fricked by your employer.
Posted by Saunson69
Member since May 2023
6330 posts
Posted on 12/22/24 at 11:53 am to
I'm in the same boat as you. I feel I can get maybe 15% more. However, my current job is actually pretty cush and I really like the people I work with. I've had atrocious jobs in the past, and this one is actually one I genuinely like. If I wake up Thursday and don't feel like coming in and want to work from home, I can and don't even have to ask or tell anyone. I get shares in the company that vest, although I think I should get more based on someone near my level telling me what they get.

I go back and forth between wanting to leave for better pay or stay. Part of me knows that I probably won't get a job I like this much, it's possible but based on my past jobs, I'd think not likely. Part of me wants to just go in and ask for a raise and it'd all be perfect if they did say yes. I deserve a promotion by now based on quantity of years at my current role and most importantly the massive, massive contribution I supplied the company. Talking a billion dollar plus thing that if I were not at the company, 0 chance it happens. That's more than any MD who is over 50 has brought to the table for the company.
This post was edited on 12/22/24 at 11:55 am
Posted by Traveler
I'm not late-I'm early for tomorrow
Member since Sep 2003
25576 posts
Posted on 12/22/24 at 11:56 am to
Don't ever get so comfortable in a job or a position that you think you cannot be replaced.
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