Use a new job offer to leverage more money at current job? (1 Viewer)

[jon_mx]

Should I still bring this up to my boss?

"Hey, just letting you know, I turned down a job offer at 90k, because I'm very happy with what I do etc, don't want to leave, but maybe this is an opportunity to re calibrate my salary?"

If you had an employee approach you in this way, how would you respond?

I would view it as we don't even have to consider giving you a raise to keep you. No upside that I see at this point. The only leaverage you would have if it were a real possiblity still.

 

[Cjw_55106]

Do you feel underpaid? I can tell you if I was in charge of salary and a guy said something like that to me, Id be pissed about it if the guy was being paid fairly.

 

[RUSF18]

Should I still bring this up to my boss?

"Hey, just letting you know, I turned down a job offer at 90k, because I'm very happy with what I do etc, don't want to leave, but maybe this is an opportunity to re calibrate my salary?"

If you had an employee approach you in this way, how would you respond?

I would view it as we don't even have to consider giving you a raise to keep you. No upside that I see at this point. The only leaverage you would have if it were a real possiblity still.

If he has a skillset that is so desired to warrant such a salary, someone else will come and find him. Keeping a valued employee happy now where he wouldn't necessary seek out those opportunities once he has heard what others value him at, certainly all qualifies as "upside".

I'm not a manager in this sense but wouldn't put my foot down if an employee started this discussion. He's either worth it or he isn't.

That being said, the whole situation should give you a bit of a pause. This guy went from trying to bring you on to quitting in a week. Was that guy trying to lure you with a big offer for some reason that he's not telling you? You want to make sure you're not overvaluing yourself.

 

[Judge Smails]

Should I still bring this up to my boss?

"Hey, just letting you know, I turned down a job offer at 90k, because I'm very happy with what I do etc, don't want to leave, but maybe this is an opportunity to re calibrate my salary?"

If you had an employee approach you in this way, how would you respond?

Timing is everything. Make sure the timing is right when you have this discussion. After a positive performance review, after getting additional challenges and delivering, etc.

 

[glumpy]

Should I still bring this up to my boss?

"Hey, just letting you know, I turned down a job offer at 90k, because I'm very happy with what I do etc, don't want to leave, but maybe this is an opportunity to re calibrate my salary?"

If you had an employee approach you in this way, how would you respond?

Respond? You're playing games--I would seriously question both your veracity and your commitment.

Glad you didn't take it. Just discovered this thread and would have suggested two things when the offer still seemed viable: First that you really think twice about leaving a stable employment for any hot shot startup, and second that the cost of living in NY vs Tenn. easily eats up much of that salary differential so it's not as good as it looks. Neither is necessarily a deal breaker but you have what sounds like a good situation where you are, with continued potential for growth.

Congrats on the upcoming family addition.

 

[chet]

Leveraging a job offer for more money from your current company is a card you can play only once/employer. Choose your spot wisely.

 

[Johnny Rock]

Wow! What a change of events.

No way would I bring that up to your employer. Any leverage you had was gone. You have virtually nothing to gain from such a conversation and more to lose.

Plus, you've been receiving nice raises and promotions and you like your job. Keep up the good work and it seems that will likely continue. You're doing well. Keep up the good work but resist the urge to talk about this weird little episode.

 

[RUSF18]

Should I still bring this up to my boss?

"Hey, just letting you know, I turned down a job offer at 90k, because I'm very happy with what I do etc, don't want to leave, but maybe this is an opportunity to re calibrate my salary?"

If you had an employee approach you in this way, how would you respond?

Respond? You're playing games--I would seriously question both your veracity and your commitment.

Glad you didn't take it. Just discovered this thread and would have suggested two things when the offer still seemed viable: First that you really think twice about leaving a stable employment for any hot shot startup, and second that the cost of living in NY vs Tenn. easily eats up much of that salary differential so it's not as good as it looks. Neither is necessarily a deal breaker but you have what sounds like a good situation where you are, with continued potential for growth.

Congrats on the upcoming family addition.

The time in NY was temporary.

 

[doowain]

I did this last year. I didn't really want to leave, but was prepared to.

My company matched the other company's offer (with yearly bonus, it was actually more) and I got bumped up to 4 weeks vacation. The bump was roughly 25% of my "then" salary.

The way I handled it was I sat down with my boss and told him that I love my job and the people I work with. Told him how much I enjoyed working with/for him, but that the wife and I were looking at starting a family and I had to make decisions that would be best for them too.

He went to the VP, who then had a 1 on 1 with me. 15 minutes later I had my new salary.

If you really want to stay, let them know that you want to, but that you are also willing to leave in order to better provide for your family.

Good luck and congrats.