Using a job offer to get a payrise

Using a job offer to get a payrise

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Volition

Original Poster:

227 posts

137 months

Friday 4th April 2014
quotequote all
Hi All,

The group sales director based at a company that is a customer of mine has jumped ship to work for a different company doing the same job role.

I bumped into him and I know he is recruiting for the new company. He made it obvious to me to get in touch if I was interested in the available positions, but I didn't. I am actually popping down to this company as he has invited me over, to see if I can drum up any business with them, as we don't normally deal with them. I am pretty sure he might mention the open positions and gauge whether I am interested in working for him.

The thing is I have no interest in leaving my current company but wondered if I should use this situation to get a pay rise with my existing employer.

Has anyone done this? The only caveat I can think of is my current boss will tell me to go, which is not what I want, but there must be a way to use this to my advantage.

Has anybody done this? I think it might be a sensitive issue if you don't approach it properly.

Do you have any tips or stories where this may have back fired?

Cheers in advance.


Volition

Original Poster:

227 posts

137 months

Friday 4th April 2014
quotequote all
MrsMiggins said:
You work in sales yet you don't know how to sell your boss on the idea that you're worth more money?

Why don't you sit down and discuss it with your boss to see if he's willing to pay more to keep you happy? No point threatening to leave if you don't really want to and don't have to. That way there's no bluff for him to call.
I've done this a few times and each time it has worked, but I'm wondering when my luck might run out. I thought a different approach might help in this instance to get another bump.

He is aware of the quality of my work, but naturally like all companies he wants to pay as little as he can for his staff, however I know he believes in "if you don't ask you don't get". I have pushed for pay rises three times just by telling him I want more money and justifying why. I am 10 years younger than the other sales staff and I believe a lot of the department are on more than me. I know a tech guy got another job offer and they matched the wage to keep him, but he has a very specialist role.

Volition

Original Poster:

227 posts

137 months

Friday 4th April 2014
quotequote all
Thanks all for your input. I know the approach of using the job offer could go one of 2 ways - either I stay or go. Whereas if I just ask for another rise all they can do is say no, which then settles in my own mind that if I want more money I am going to have to move job.

I'll see how the customer visit goes and take it from there. I might just have an informal chat with my boss in the summer and see if there is any potential for another bump in salary, to coincide with our next pay review. Perhaps I could be honest and say I want to stay but I'd like another bump. What prospects do you think I still have here in terms of future pay rises? This then answers the question and then I'm sure he knows that if I can't have another bump it may make me look elsewhere.

Volition

Original Poster:

227 posts

137 months

Friday 4th April 2014
quotequote all
To the others that have contributed since my last post - thank you.

I think I will definitely not use this job proposition as a tactic to get a pay rise.

Volition

Original Poster:

227 posts

137 months

Monday 14th April 2014
quotequote all
Hi All,

An update for you. I had a meeting with my customer and he wants to offer me a job. The basic pay is 25% more than I am currently earning. All I did was listen in the meeting to what he had to say about the role and why he wanted me on board. I asked the odd salient question here and there - basic information about pensions, leave, hours of work etc.

I told him to email me a job description and possible salary, as well as any other information he had about the role.

I know you have all been saying not to use this as a way of getting a pay rise with my current employer, but I feel I ought to tell my current employer that I have been head hunted, making it absolutely clear that I don't want to pursue this new job, but in light of the salary information I want to know if there is any more room for bumps in salary. By no means do I want to use this as an ultimatum, which some have done and been bitten as a consequence.

I think a frank chat with my boss is needed. Should I wait until the job description and salary information lands in my inbox, or be frank and speak to him before then? I know I don't want the job, but I'm keeping my options open out of curiosity and as a learning curve about what other roles are out there.


Volition

Original Poster:

227 posts

137 months

Monday 14th April 2014
quotequote all
wiggy001 said:
Just over a year ago I was offered another job paying more money. I didn't really want to leave my company but I did want to step up and take more responsibility (which this other role was offering). I also wanted more time near home (I'm currently an IT consultant) which this other job also offered. So my reasons for looking into this other job were not just money related.

I told my boss I'd been offered another role on 15% more than I was on, offering more responsibility and a permanent desk in London, but that I would prefer to stay if I could.

Within 24 hours I was offered a payrise and more responsibility which in turn should mean more time near to home if I stayed, which I accepted.

Unfortunately, of those 3 things, only the payrise materialised and I'm not wondering if I made the right decision to stay or not. But that aside, an honest discussion with your boss along the lines of "what can I do in return for a payrise" and relate it to this other offer is in order.

Good luck.
Thanks for the feedback. To be honest I'm not expecting a 25% pay rise from my current employer but a bump of about 10% would be great in my eyes.

It's such a tricky one. I am reticent to say anything just yet as the customer who has offered me the job is due in sometime after Easter to drop some loan products off that I have let him demo. I am questioning whether my boss would be quick to call him and say hands off, but that would be very unprofessional of him and I don't think it's in his nature, but who knows! Do employers get antsy and make rash decisions like that?

Volition

Original Poster:

227 posts

137 months

Monday 14th April 2014
quotequote all
Landlord said:
f I was your boss, I'd just see this as an "out" from giving you any more money... basically, you've made it clear you're not going anywhere so why would I pay you more?

I'd play it a lot more casual. Essentially say that whilst you're really happy with your current company (note: company, not pay), the draw of the increased offer is very tempting. Ask is there anyway he could remove that temptation?
And if he says no it forces me to leave!