The current organisation you work at is good, the job is statisfying, relationship with your boss is great and you have performed well so far. You feel you are currently underpaid and and hope for a good compensation package review in a couple of months time. Then you receive a great offer with 36% pay raise overall. You wish to stay for the above-mentioned reasons so you need to put it on the table NOW and negotiate for a raise. What is the best way to do it?
I hope to get answers from employers, human resource managers, manager with subordinates and employees (or course) as well to gain from different perspectives.
2007-05-09 14:17:01 · 8 answers · asked by Anonymous in Business & Finance ➔ Careers & Employment ➔ Other - Careers & Employment
be blunt, but polite. if you really have a gr8 relationship w/ your boss, it should all turn out well. my friend did that and got a raise.
2007-05-09 14:24:44 · answer #1 · answered by mooosgy g 2 · 0⤊ 0⤋
If you have a great relationship with your boss than I think I would just put it on the line and explain to him/her in basically that same manner as you outlined this question. No one can blame you for considering an offer that pay so much more than your current position. Also, they may than see that you are being underpaid and are a valuable member of the company and offer you a nice raise to keep you. Even if the raise was only 20% or so it would probably influence you to stay where your are as you seem to like it so well. If the boss cannot give you a raise, than you have not really lost anything. Good Luck
2007-05-11 15:24:37 · answer #2 · answered by Phineas J. Whoopee 5 · 0⤊ 0⤋
I have had employees do this where I work and it has worked out for them. I am a human resource manager. When an employee has gotten a better job offer, they would go to the plant manager and tell him how much they enjoy working there but have received a great offer with an increase of ____. They then say that they really want to stay at the company but could really use the extra money so is there some way to work it out. We have always been able to work with the employee for it is easier to pay a good employee more then to find a new employee. Good luck.
2007-05-09 21:27:32 · answer #3 · answered by bvtc6677 2 · 0⤊ 0⤋
In my experience there is little room for negotiation of salary other than through increases. Payroll systems and pay grades are set up in most large companies and are followed strictly - to avoid salary negotiations. So don't expect a lot in negotiating a raise.
The best approach may be to express your satisfaction with your job and mentioning your offer - but be prepared to make the move! I have often given the handshake along with best wishes in the new job! MOST companies will look at it as a form of blackmail!
2007-05-10 14:30:46 · answer #4 · answered by Tom G 2 · 0⤊ 0⤋
You might succeed this one time in negotiating a pay raise from your current employer, but it will never work again. Your employer will resent this and will question your loyalty when considering you for future raises and promotions.
The fact that you sought out another job tells me that you aren't as pleased with the current job as you say. I say you should take the other job after working out your notice. When you turn in your letter of resignation, praise your currect employer, etc., but do mention that you cannot turn down the opportunity for a chance to learn new skills and earn more pay. Burn no bridges!
2007-05-10 21:42:08 · answer #5 · answered by majormomma 6 · 0⤊ 0⤋
I just got this terrific offer from another company with more money than I am making here, and I really need the money, but I enjoy working here so much, I am in a real quandary.
Since I have great regard for your business sense, I thought I would ask you, what you think I should do...
2007-05-09 21:25:32 · answer #6 · answered by Anonymous · 1⤊ 0⤋
"Sir, I have enjoyed working here. I have learned many things and have developed my skills further. I have been offered another job with significantly more pay. I really would like to stay here. It is a great place to work but I can't afford it. Would you consider giving me a raise. I believe both of us will benefit."
I think that will work
2007-05-10 20:11:03 · answer #7 · answered by TAT 7 · 0⤊ 0⤋
set up an appointment with the boss. tell him/her that you relaly enjoy working there, like the job, etc.....BUT...you've been recruited (you weren't looking, they came to you), you interviewed out of curiousity, and you're received a job offer that is really outstanding in terms of comp.
if they value you, they will discuss what it would take to retain you. if not...you'll find that out real quickly, too. just remember never to put an ultimatum on the table that you aren't prepared to follow through on - if you say "match it or i'm outta here", you may well be outta there.
good luck.
2007-05-10 00:34:28 · answer #8 · answered by Mel 6 · 0⤊ 0⤋