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Started By
Message
re: Leveraging a job offer to get a raise
Posted on 1/31/18 at 2:05 pm to NYNolaguy1
Posted on 1/31/18 at 2:05 pm to NYNolaguy1
quote:
I think it has more to do with there being more work than people, where firms are willing to pay a premium to poach people from other firms.
Its ultimately a response in the market from 2008 when whole firms were closing their doors.
You're smart NY. Get on the wave, because it won't always be there. I am holding out here currently for the 5G wave. But I am getting less patient and if DFW gets Amazon HQ I can easily move over to AWS and make more money. But I like pew pew lasers and secret network stuff.
0
Posted on 1/31/18 at 2:07 pm to NYNolaguy1
I feel that if you do this and get a raise at your current job, it's still something that stays with you.
Your boss may still give you a raise but have a bitter taste about it.
I've accepted several better offers in engineering over the years, and most times my current employer tries to match or come close to keep me, but I have always taken the new job. I've never gone into it preparing to use it as leverage.
Your boss may still give you a raise but have a bitter taste about it.
I've accepted several better offers in engineering over the years, and most times my current employer tries to match or come close to keep me, but I have always taken the new job. I've never gone into it preparing to use it as leverage.
Posted on 1/31/18 at 2:08 pm to 50_Tiger
quote:
20% for me puts me safely over 6 figures and even more comfort in my current lifestyle.
I work in Telecom though. We're kinda stuck in from giving big bumps until 5G rolls.
I don't know if I'd switch jobs for 20%, unless there were no drawbacks in comparison to my current position. Basically, I'd want my exact job with 20% increase or I'm probably not taking it.
ETA: My opinion is, if you are unhappy with your current job and you're getting this offer, leave. I personally would never stay at a job that I attempted to leverage for a raise. I feel like it would hurt the employer/employee relationship.
This post was edited on 1/31/18 at 2:13 pm
Posted on 1/31/18 at 2:09 pm to UGATiger26
quote:
or some reason, lots of people think this scenario requires you to play some sort of brass balls "art of the deal" negotiation hardball.
It doesn't. It's not that hard of a conversation to have.
"Hey boss, what's up? I have something I'd like to discuss with you. I've recently been offered a position at another company. They are offering me X dollars. I really enjoy working here, but that offer is tough to turn down. Is there anything that can be done?"
Honestly, that's it. They can either match/beat the other offer or not.
But like others have said, you have to be willing to leave if they dont
If it comes to this, this is how I would like the conversation to go. Like I said I actually like my job and most of the people here, so I would rather not burn any bridges and keep it just business if possible.
Posted on 1/31/18 at 2:11 pm to NYNolaguy1
I will tell you this
Your company is not gonna just give you a 20% raise without a reason
Getting a PE might get you a few K, but they aren't gonna pay you what they are willing to unless they have to
Your company is not gonna just give you a 20% raise without a reason
Getting a PE might get you a few K, but they aren't gonna pay you what they are willing to unless they have to
Posted on 1/31/18 at 2:12 pm to 50_Tiger
quote:
20% for me puts me safely over 6 figures
I thought you had to be north of 6 figures to post on the OT?
Posted on 1/31/18 at 2:14 pm to NYNolaguy1
Just jump if you get the offer.
If you get 20% at your current gig, there will certainly be bitterness and expectations that you increase performance.
Is there a chance a 20% bump outs you at par or better than your boss? It would for me.
If you get 20% at your current gig, there will certainly be bitterness and expectations that you increase performance.
Is there a chance a 20% bump outs you at par or better than your boss? It would for me.
Posted on 1/31/18 at 2:21 pm to DarthRebel
quote:
I thought you had to be north of 6 figures to post on the OT?
I'm still a pup (31).
I bet the avg Baller age is around 45
Posted on 1/31/18 at 2:24 pm to LSUfan20005
quote:
If you get 20% at your current gig, there will certainly be bitterness and expectations that you increase performance.
This is certainly true, and something that concerns me if I were to get an offer and decide to stay.
Thanks for all the responses, this was far more productive of a thread than I was expecting
.
Posted on 1/31/18 at 2:26 pm to NYNolaguy1
Just a reminder that the 20% is the other firms first offer. Don’t forget you can negotiate with them. Especially if you knock your interview out of the park.
Posted on 1/31/18 at 2:28 pm to NYNolaguy1
quote:
Fast forward to yesterday when a competing firm writes to me asking me if I would be interested in an open position they have with a bigger salary (20% bump). I havent responded yet, but it got me thinking, have you ever leveraged a job to get a bump in pay? Did it work out or end disastrously?
Leave IMO. Go with the company that appropriately values your work. No company is going to look out for you. Take care of yourself and your family. Go get paid.
Posted on 1/31/18 at 2:49 pm to NYNolaguy1
I did this with my first job. Worked there for 6 years. After six years i was hoping for a substantial raise, which i did not get. So i interviewed for another job, and got the job offer. Told the possible employer it was take XX amount for me to leave. They agreed. I then told em i had to give my current employer a chance to match. They were ok with that. Went back to my current boss, gave him a chance to match, he didnt. I left.
Moral of the story: make sure you have the new job before trying to leverage your current employer.
Moral of the story: make sure you have the new job before trying to leverage your current employer.
Posted on 1/31/18 at 2:50 pm to 50_Tiger
quote:
I bet the avg Baller age is around 45
Nope, the OT stats
Age - 25
Salary - $250,000
Work Hours/wk - 20
SO rating - 9
Sidepiece rating - 9.9
Height - 6'4"
Waist - 32"
Shoe size - 14
Bench Press - 315lbs x 20
Hair - all there
Penis length - 8.9"
Posted on 1/31/18 at 3:00 pm to NYNolaguy1
It's literally the only way my company will give a raise.
I've successfully done it 3 times in 6 years
I've successfully done it 3 times in 6 years
Posted on 1/31/18 at 3:03 pm to NYNolaguy1
I hire, fire, and deal with this kind of stuff from the other end. I would not leverage offers. It screams, I'm not on the team. It forces them into a box and will cause resentment.
I would ask for a lunch meeting with your boss, explain you got your test passed and you owe it to your family to get a return on that hard work and investment. See whay he says, decide from there. Have the confrontation, but don't make it confrontational.
I would ask for a lunch meeting with your boss, explain you got your test passed and you owe it to your family to get a return on that hard work and investment. See whay he says, decide from there. Have the confrontation, but don't make it confrontational.
Posted on 1/31/18 at 3:05 pm to NYNolaguy1
I would just take the bump and leave. It seems to me, based on your comment about your recent manager, he/she might be the type to feel you held them hostage and it could inevitably come back to haunt you. Nothing wrong with taking the money and the new opportunity. It happens.
And I am sure that "$50 PE Stamp" has significant value when they are billing out your hours.
And I am sure that "$50 PE Stamp" has significant value when they are billing out your hours.
Posted on 1/31/18 at 3:09 pm to NYNolaguy1
Go, if they really like you the old firm will offer to get you back shortly.
I just left a firm I really liked for a raise, and they told me they plan to call me when they get enough work to hire me back.
I just left a firm I really liked for a raise, and they told me they plan to call me when they get enough work to hire me back.
Posted on 1/31/18 at 3:10 pm to DarthRebel
quote:
Age - 25
Salary - $250,000
Work Hours/wk - 20
SO rating - 9
Sidepiece rating - 9.9
Height - 6'4"
Waist - 32"
Shoe size - 14
Bench Press - 315lbs x 20
Hair - all there
Penis length - 8.9"
Just think, with how many billions of people are on this planet, there has to be at least one guy who fits this. Or most of it
Posted on 1/31/18 at 3:11 pm to NYNolaguy1
quote:
Fast forward to yesterday when a competing firm writes to me asking me if I would be interested in an open position they have with a bigger salary (20% bump). I havent responded yet
You haven't responded yet? At all? Not even an acknowledgement of the email and thanks for the offer?
Posted on 1/31/18 at 3:12 pm to Libertariantiger
quote:
I would ask for a lunch meeting with your boss, explain you got your test passed and you owe it to your family to get a return on that hard work and investment. See whay he says, decide from there.
This was the other way I was going to handle it. I would ask politely for a raise and review the new value and marketability of my creditentials without bringing up anyone else that is interested in me.
If they declined I would give them a few weeks notice of my intent to move on. If at that point they reconsidered once they saw me leaving, I would be open to the conversation, but more likely to ask for aggressive terms.
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