| Topic Name: |
to change or not to change... |
| Message Name: |
Leverage if key |
| Date Posted: |
03/09/2006 |
| In Reply To: |
A big part of the answer depends on how your relationship is with your superior(s), particularly someone that can get things done for you. When I was switching jobs and offered my resignation, my boss at the time inquired about making a counter offer.
You have to remember that everyone works for a living, so when you explain to someone who is reasonable that you happened into this offer and it would put you in a better position financially, it will be understood.
I had a frank discussion with my boss and explained quite honestly that it was with a somewhat heavy heart that I offered my resignation but I needed the money. My boss was a good man and a family man as well. He understood where I was coming from but when we laid out the numbers, he was forthright in offering that he just wouldn't be able to get into the same neighborhood as the offer. Bottom line is that we had a productive conversation and parted on good terms.
The most important thing is to frame the conversation in the right way so that it doesn't come off as coercion. Last thing that you want to do is leverage the offer to get more out of your current employer and then have them feel as though you backed them into a corner to blow their salary structure. If things slow down later on, that will bite you in the butt. |
| Message: |
There are 3 key issues in my mind while trying to leverage an offer from a competitor
a) If the competitor's job "identical" to what you are doing now? If so, then you can say that's your market rate.
b) If it is better in terms of responsibilities, work, etc. but changing jobs means developing new relationships and being the "new guy" THEN the issue is are those "features" in the new job what I want in my career and the argument then would be can my current firm offer me those opportunities in the near term. If the answer is "no" then you quit.
c) Working conditions (A friend of mine was supposed to be in job where it had more stable hours but ended up working 75-80 hrs a week)... in that case she made the switch at a slightly higher pay in the same role just coz promises of making it easier didn't pan out.
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