Has anyone used external offers to leverage an internal promotion? Curious how you went about it.

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They dont take threats

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I’ve been on the other side of that, maybe 5 times. Probably 4/5 times I say “best wishes” and wave goodbye. In one situation I knew the person deserved a promotion and the external offer is what I needed to convince “leadership” in making it happen.

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You're better off leaving and coming back in most instances. Firms generally have no problem paying a premium to recruit new hires but are less likely to increase an existing employees salary or give an early promo. I think part of the reason is due to perception as it can start a domino effect.

I tried and failed. Much happier now that I left

Yeah I would leave to gain experience and knowledge leading others
I might come back only in a a higher position and bigger salary

I show a copy of the offer letter and start chanting, "Show me the money!" Worked every time for me.

When I was in audit I was not allowed to transfer to transaction services so I got an offer from another Big 4. Once this happened, my old firm was suddenly open to letting me transfer.

I left anyways because I was not comfortable that I the possibility to transfer was only open once I got another job.

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