Asking for more money...
Discussion
Straightforward question, I've been offered a position at a different company with a slightly improved salary and a bonus. The new role is very much a greenfield role where there is a lot of work needs to be done, where I am now is a large global organisation where everything is controlled by process and I feel I'm very much treading water.
The new role does appeal to me as I really enjoy a challenge, and being honest, I enjoy opportunities to show my skills.
My question is twofold - given the salaries are so similar, what is the 'correct' way to speak to my current employer about reviewing my salary OR what is a professional way to ask my potential employer to increase their offer?
Interested to hear peoples thoughts/opinions on the matter
The new role does appeal to me as I really enjoy a challenge, and being honest, I enjoy opportunities to show my skills.
My question is twofold - given the salaries are so similar, what is the 'correct' way to speak to my current employer about reviewing my salary OR what is a professional way to ask my potential employer to increase their offer?
Interested to hear peoples thoughts/opinions on the matter
I don't think I would go down the route of using the offer as a bargaining chip at your current place.
For the new offer, if you want more I would go back and say 'thanks for the offer, however I believe that my skills and experience are worth £Xk more and so would you be able to increase your offer?'. Don't just look at the cash though, look at the whole package.
I could earn more (eventually, probably not immediately) if I moved into industry (currently in academia), but industry can't offer me 33 days a year holiday plus 6 days closure (plus the bank holidays), the complete flexibility to work how I do and the pension is very attractive. Add all that up and the overall package is very valuable.
For the new offer, if you want more I would go back and say 'thanks for the offer, however I believe that my skills and experience are worth £Xk more and so would you be able to increase your offer?'. Don't just look at the cash though, look at the whole package.
I could earn more (eventually, probably not immediately) if I moved into industry (currently in academia), but industry can't offer me 33 days a year holiday plus 6 days closure (plus the bank holidays), the complete flexibility to work how I do and the pension is very attractive. Add all that up and the overall package is very valuable.
If you want to jump, then jump. The underlying reasons you want to leave will remain long after the thrill of a few extra quid in your pocket has faded.
As to asking for more money from the new employer...totally normal, I don't think I've ever accepted a job without even trying for a bit more. Something along the lines of "I'm really interested in the job but was really looking for a package nearer £X" is what I normally go for. They can only say no and are extremely unlikely to be offended by you asking.
As to asking for more money from the new employer...totally normal, I don't think I've ever accepted a job without even trying for a bit more. Something along the lines of "I'm really interested in the job but was really looking for a package nearer £X" is what I normally go for. They can only say no and are extremely unlikely to be offended by you asking.
As you are bored I'd be going to the new place anyways.
BUT, I'd say I am grateful for the offer and I am very, very interested, my only concern at this point is that I was expecting the salary/bonus to be closer to X amount.
Also if there are benefits at the new place or you might lose benefits.... You have to consider that especially if you lose benefits (I won't add in about the ERA at this point).
BUT, I'd say I am grateful for the offer and I am very, very interested, my only concern at this point is that I was expecting the salary/bonus to be closer to X amount.
Also if there are benefits at the new place or you might lose benefits.... You have to consider that especially if you lose benefits (I won't add in about the ERA at this point).
deckster said:
If you want to jump, then jump. The underlying reasons you want to leave will remain long after the thrill of a few extra quid in your pocket has faded.
As to asking for more money from the new employer...totally normal, I don't think I've ever accepted a job without even trying for a bit more. Something along the lines of "I'm really interested in the job but was really looking for a package nearer £X" is what I normally go for. They can only say no and are extremely unlikely to be offended by you asking.
As to asking for more money from the new employer...totally normal, I don't think I've ever accepted a job without even trying for a bit more. Something along the lines of "I'm really interested in the job but was really looking for a package nearer £X" is what I normally go for. They can only say no and are extremely unlikely to be offended by you asking.
This - never stay for a counter offer alone - it is just delaying the inevitable..
And always ask the new place for a bit more than they first offer. It's the easiest and best time to get a pay rise - they aren't going to rescind the offer just because you aske for more cash.
It is the best bang for buck phone call you can ever make.... A few £k for a few minutes work
Bob
Most companies won't respond to what is essentially a threat of leaving if you don't get a pay rise. You have two options 1) justify why you think you should be paid more based on what you have done over and above expectations or 2) hand your notice in and hope they offer you more money to stay.
Beware with option 2) that getting a pay rise because you might leave doesn't change the reasons why you went and had an interview somewhere else and most people leave after a year anyway.
Beware with option 2) that getting a pay rise because you might leave doesn't change the reasons why you went and had an interview somewhere else and most people leave after a year anyway.
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