{ "media_type": "text", "post_content": "How have people approached using a competing offer to increase comp at current firm. Currently at boutique with below mkt pay. Enjoy the firm in almost every way. Is there any harm in asking a match?", "post_id": "5d02999a406082001ba4188a", "reply_count": 3, "vote_count": 1, "bowl_id": "58f0df008ad7250010f8c590", "bowl_name": "Compensation" }

How have people approached using a competing offer to increase comp at current firm. Currently at boutique with below mkt pay. Enjoy the firm in almost every way. Is there any harm in asking a match?

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No ask for the increase based on the market and be willing to walk away if you don’t get it. If they value you as much as you value them they will match.

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Concerns/thoughts: I think I would just be borrowing from future raises and wouldn’t see similar trajectory going forward so somewhat short sighted, although I don’t see myself necessarily in consulting for an extended amount of time. Also would obviously have to be willing to walk away with other offer. Does this leave bad taste in firms mouth?

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No you won't be borrowing from future raises. If you don't speak out the assumption will be that you're content with below-market pay. And going forward, you'll likely remain paid at below-market levels. Don't ask, don't get.

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