Happy Friday fishies! I am looking to leverage an offer from another organization to ask for an increase with my current employer. I love my team and do not want to leave, but feel I am being woefully underpaid. At what point do you recommend bringing the offer to your manager? Do you need to go thru the entire process and have a formal offer letter or simply let them know you are being courted and it is for the same role at a considerably higher salary you’d like them to match?

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My best friend did this. He got an offer letter from another company and gave his 2 weeks. His boss offered him a raise and promotion.

This has happened to several friends of mine. All of their jobs wanted to retain them so they got even bigger raises.

It's better to show them your offer letter. If you have anything in writing, much better. They might ask you for an offer letter so it's better to have it with you during negotiations.

Have the offer letter in hand when you try to negotiate, especially if you're getting a significantly better offer elsewhere. I gave my last company the chance the counter-offer a 60-70% increase in TC and no one could even start a serious convo without a copy of my offer letter.

I just went through this scenario this week. I used my initial offer letter with salary listed. My company wouldn’t start counter offer talks until I had my external offer in writing.

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