Curious how EY typically handles situations where someone receives a strong external offer.

Has anyone successfully used that as leverage for comp adjustment? Or is that generally discouraged? EY

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Be ready to leave if you’re going to present an exit to the leaders. Your name might already be on a list and you’re expediting the outcome for the leadership.

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I presented my external offer to my practice leadership, they couldn't really do anything since the offer included a promo and EY only does 2 rounds of promotions a year.

They tried to sell on benefits and stuff but even if they wanted you to stay they can't really do anything about it. Just make sure you have made up your mind about leaving before you talk to leadership about others offers because it can bite you in the ass

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Depends on your leverage. If your departure would disrupt a client relationship and engagement health, and a matching offer would not set an unreasonable precedent, you’ll probably get a deal done.

Just remember, you can only pull this once every 3 to 5 years (tops).

Piece of friendly, unsolicited advice: if you’re getting paid fair market and the job offer is essentially a lateral with better rewards, you need to ask yourself if you’re leaving because your current employment relationship is no longer tenable. If you’re not miserable and still feel like there is personal and professional development opportunities available, you need to assess the risk of moving into a similar or perhaps worse situation.

Don’t chase money.

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Leaders will only expend the political capital to match or exceed your external offer if they think there's a realistic chance of you staying, and as someone else pointed out, you're not already on a list somewhere.

If leadership thinks you're a flight risk regardless of how much money they put on the table, it's a "thanks, bye, friend of the firm" parting. Don't take it personally in the sense of there's no emotions involved for EY in this calculation.

EY asks for the laptop and badge back. Sends you an email to ensure AmEx is paid off and how to join alumni network. You are now a friend of the firm.

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What would the in hand salary be for this compensation. Thanks in advance.

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Series A Offer

Need help evaluating an offer for Senior Product Designer at a Series A startup

Base: $185k
Sign on Bonus: $10k
Equity: 0.3% equivalent to $150k over 4 years

Team of 11 employees, 13M funding, and 50M valuation

—-

Senior Product Designer
YOE: 10 years
Base: $220k

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