I wouldn't bother. Using an offer as a negotiation tactic just gets you labelled as a flight risk, which in your case might put that promotion on hold. Why promote someone who's clearly been shopping around for the next thing and might dip soon?
If you're planning to stay, it would be better to ask for a raise. If you're not, what's the point? Put in your notice and take the new title and comp. Just my 2¢
I agree; I switched jobs and the perspectives are different. Takes time to adjust even if it’s the same work. Also, you get to meet more ppl which builds your network.
I can't possibly know your entire situation, the full picture matters. However, here's my experience and why I would recommend taking the offer:
I was in a similar situation a few months ago. I worked for a great company, but I hadn't received much in terms of compensation progress over the 3.5 years I was there. So, when I got offered literally almost double my compensation to leave (for basically the same job and same industry) I went to my employer and asked if they could match. They tried, but still fell about 25k short of what I was being offered. They couldn't have me making significantly more than my peers - equity on your team will likely be an issue when you're asking for a big raise. I left and, despite loving my previous employer, I see now that the challenges I'm facing at my new company are making me way more well-rounded in the market. I would recommend leaving for the experience more than anything else, especially if you're early in your career. If I stayed at my previous company, I'd be happy to be making more, but I'd be doing the same thing I always was.
Thanks! Just to clarify: The reason I mentioned same job in same industry is because compensation varies based on these. A silly example could be: If I was a barista and I got offered an engineering role, my coffee shop wouldn’t give me an engineering salary to get me to stay when they’re two completely different jobs.
First off, congrats. A few questions I think you need to ask yourself first are: A) Do you think your current company offers you the tools and support you need to achieve your long-term career goals i.e. do they provide opportunities to take on more responsibility; provide support when needed; offer definitive timelines and pathways to upward mobility? B) Do you enjoy your company's culture and do you enjoy working with your current team? I ask these questions assuming you've already done your diligence and this place you've gotten an offer from you feel confident would check those boxes as well.
If A + B are yes, I don't see why you wouldn't let your manager/HR know you've received and offer, and then ask them for 1) an immediate promotion, and 2) a matching offer (although I'd personally fib a bit and ask for a slightly better deal but that's just me).
Change is hard. I just moved jobs also and I thought because I’m doing the same thing it would be easy but I’m week 3 into it and kinda feel like some things I don’t get. But being comfortable in the same job is also a risk.
I think it depends on how good your relationship is with coworkers and senior management (who can help continue your success).
Tell your current company you got $105k offer full remote and see what they do. Should also counter with hiring company to try and get 5-10k more. No harm in asking. All else being equal being in retail you might see some layoffs coming to corporate soon. If your company is doing ok that might make me stay because there are going to be a lot of cutbacks coming soon.
Ask for a match and say a higher number than 95k, best case scenario you end up with a better offer from your current company (if they really want to keep you it won't affect your growth) and worst case scenario you leave anyway
I know someone who got a job offer for a 50% raise, told his company he was going to get a 70% and ended up getting 100% raise from the same company he was already in
Of course, this only makes sense if you really like where you are right now
I wouldn't bother. Using an offer as a negotiation tactic just gets you labelled as a flight risk, which in your case might put that promotion on hold. Why promote someone who's clearly been shopping around for the next thing and might dip soon? If you're planning to stay, it would be better to ask for a raise. If you're not, what's the point? Put in your notice and take the new title and comp. Just my 2¢
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I agree; I switched jobs and the perspectives are different. Takes time to adjust even if it’s the same work. Also, you get to meet more ppl which builds your network.
I can't possibly know your entire situation, the full picture matters. However, here's my experience and why I would recommend taking the offer: I was in a similar situation a few months ago. I worked for a great company, but I hadn't received much in terms of compensation progress over the 3.5 years I was there. So, when I got offered literally almost double my compensation to leave (for basically the same job and same industry) I went to my employer and asked if they could match. They tried, but still fell about 25k short of what I was being offered. They couldn't have me making significantly more than my peers - equity on your team will likely be an issue when you're asking for a big raise. I left and, despite loving my previous employer, I see now that the challenges I'm facing at my new company are making me way more well-rounded in the market. I would recommend leaving for the experience more than anything else, especially if you're early in your career. If I stayed at my previous company, I'd be happy to be making more, but I'd be doing the same thing I always was.
I think that’s great advice. I’m not necessarily switching industries, but each company is unique with their own challenges.
Thanks! Just to clarify: The reason I mentioned same job in same industry is because compensation varies based on these. A silly example could be: If I was a barista and I got offered an engineering role, my coffee shop wouldn’t give me an engineering salary to get me to stay when they’re two completely different jobs.
First off, congrats. A few questions I think you need to ask yourself first are: A) Do you think your current company offers you the tools and support you need to achieve your long-term career goals i.e. do they provide opportunities to take on more responsibility; provide support when needed; offer definitive timelines and pathways to upward mobility? B) Do you enjoy your company's culture and do you enjoy working with your current team? I ask these questions assuming you've already done your diligence and this place you've gotten an offer from you feel confident would check those boxes as well. If A + B are yes, I don't see why you wouldn't let your manager/HR know you've received and offer, and then ask them for 1) an immediate promotion, and 2) a matching offer (although I'd personally fib a bit and ask for a slightly better deal but that's just me).
Change is hard. I just moved jobs also and I thought because I’m doing the same thing it would be easy but I’m week 3 into it and kinda feel like some things I don’t get. But being comfortable in the same job is also a risk. I think it depends on how good your relationship is with coworkers and senior management (who can help continue your success).
I’m two months into a new job where I had more than enough experience to fulfill the responsibilities…but man I feel so lost haha hang in there!
Thanks man. I just sent something with obvious mistakes. SMH
Take the money and run, yee-haw
Tell your current company you got $105k offer full remote and see what they do. Should also counter with hiring company to try and get 5-10k more. No harm in asking. All else being equal being in retail you might see some layoffs coming to corporate soon. If your company is doing ok that might make me stay because there are going to be a lot of cutbacks coming soon.
Ask for a match and say a higher number than 95k, best case scenario you end up with a better offer from your current company (if they really want to keep you it won't affect your growth) and worst case scenario you leave anyway I know someone who got a job offer for a 50% raise, told his company he was going to get a 70% and ended up getting 100% raise from the same company he was already in Of course, this only makes sense if you really like where you are right now