Thoughts on using an outside offer to get a bump in title, salary, or both? I’m 3+ years in at my current agency and while they have no problems throwing me onto anything and everything they don’t appear to be in a rush to promote me.

likehelpful
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Isn’t it depressing that the only way a company show employees that they’re valued is by forcing employees to present them with an ultimatum?

likesmart

Yep. It really is the only way to go. Meanwhile that little extra money to keep someone is better than paying a recruiter fee and the hassle of getting the rest of the team to cover the work while they are looking for the replacement

Yes. It's the only way they'll take you seriously beyond col bumps.

like

Be prepared to actually go. I had an employee try to “use” a job offer to get a raise and was shocked when I wished him well.

likehelpful

Me too. The best part was I had just inherited them from another manager and they were on a PIP, yet somehow were still shocked we didn’t counter. 💀

like

It seems as though hiring new talent to replace great talent that was forced to leave would cost more time and money.

However, companies continue to do this time and time again. The solution seems so simple. Invest in your team. Promote regularly within and and hire new talent at the lower tiers to continue the cycle. This seems vastly more cost effective.

Can anyone that makes these decisions shed light as to why this does not occur?

like

Our society is one that plays and values the short game rather than the long one. Quarterly profit margins are everything to investors. Hence why there are constant layoffs in our industry.

smart

This recently worked for me (a good raise) but tread carefully.

like

Yeah, agree with what CD1 said. In my case it felt low-risk for me (been at the company many years, have been performing well on a lucrative account, was up for a review anyway) so it was a case of right time, right place to ask where I felt pretty secure.

Someone may have already said this but if you pull this trigger, you need to be prepared to actually walk if they’re like “sorry we can’t match that”.

like

A counter offer is pretty good way to renegotiate your salary. Plus, if they don’t agree you can just take the other job.

Do it. It worked for me once… it can work for you. 💪

Some advice for when you go back to your current company with someone else’s offer.
- Don’t be bitter
- be vulnerable and honest
- tell them what this is all about and make it clear that you love where you are and want to stay but feel like you’re forced to leave
- don’t be defensive
- be prepared for the plan to backfire and you’ll have to take the outside offer - you just have no idea how your current company will take this move until you do it

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