Thumbs-up for using a job offer to bump up your salary or get a promotion

  • Skillroads
  • Blog
  • Thumbs-up for using a job offer to bump up your salary or get a promotion

It seems like you got into a tricky situation: a company has made you a job offer with a higher salary (or other benefits, which made you consider this job opportunity), but you are not ready to leave. You solve challenging tasks, got used to the team and do not want to quit playing soccer with the guys from the back office. You do not want to leave, but you can’t help the feeling you can get more if you get a new job. A recent study by Hays shows, 39% of employees got fatter paycheck due to the leveraging job offers. That means you can benefit from this situation and use a job offer as an effective tool to get a promotion or a pay raise.  

salary_rise_ideas

Bring Your Achievements to the Table

If you are determined to score your salary or get a promotion at work, you should be ready to show results. In this case, your job offer is an ace in the hole and could be used as a heavy reason to satisfy your requirements. Besides, it is always useful to sum up your achievements; it will help you to understand whether you’ve reached your goals and fulfilled your professional potential at your current place at work. It might turn out that it is time for you to move and there’s no need to negotiate. In fact, studies by Burtch Works show that you may get salary increase when changing jobs by 20% on average.

Don’t Blackmail Your Boss

If you are considering the opportunity to stay in the current company, be brave and talk to your boss about your further development prospects. According to the study conducted by Jobvite, 29% of employees got a pay raise as a result of salary raise negotiation. That means, 71% of the workforce is missing an opportunity to get paid more. 

How to tell a company you have another offer? While negotiating salary with current employer remember to be polite and do not push too hard – it shouldn’t look like an attempt to issue an ultimatum. Apply your diplomatic skills and mention that you were recommended to another employer as a person with a certain expertise, and now you are offered an interesting position with enhanced responsibilities or more attractive salary and social package. Explain what motivates you to achieve higher results, and give your boss an opportunity to decide whether your interests can be ultimately satisfied.

business_meeting

Demonstrate Your Loyalty

Due to Technology Advice survey, 20% of employees are eager to change their current place of work, that’s why in the fast-changing and competitive business world companies appreciate employee’s loyalty and ability to stay deeply committed to the business. Thus, one of the reasons to get a raise is your dedication and great desire to remain a part of the team - speak from the position of a person who shares companies’ values and contributes to the mutual success. 

The conversation may not end in your favor but you will definitely be memorized and gain extra points to your professional reputation that is also a very important asset.

Be Ready to Say Goodbye

You need to be prepared for the fact that you won’t be asked to stay. The employer may calmly agree to let you go. Therefore, a job offer from another company must be real. There were cases when during the annual pay review employees referred to a fake job offer to increase their salary. Don’t do that. After all, working relationships are the same union as friendship, marriage or other partnership that doesn’t tolerate lies. Communication should be as open as possible. Don’t be afraid to voice your expectations and point out the moments that need to be improved.

financial_security

Economic crises and financial issues make getting a raise at work a very complicated process. According to Washington Post, companies are cutting down pay raise to 3% in 2018, especially if you’re showing mediocre results. The reality forces us to constant professional improvement in order to compete on the labor market and be able to achieve our career goals. On the other hand, true professionals are always in-demand and headhunted by dozens of recruiters; they can expect for better working conditions and higher salaries which makes winning the career race even more tempting.

If you got lucky and received a job offer it’s a very good sign, meaning you still remain valuable on the market and can benefit from it. It is up to you to decide whether you stay at your current place of work or leave for another company, just make sure that:

  • you will grow as a professional
  • you will be rewarded for your results
  • the management of the company encourages clear and open communication and your professional opinion will be taken into an account
  • your job makes you happy and inspires others
Recent posts
Wondering how to get a job at Tesla? Follow these simple steps

Tesla, oh, Tesla. The Tesla Company is the talk of the town nowadays. This Silicon Valley gem, this marketing disaster/miracle seems to be on everyone’s mind lately. It has been plaguing and terrorizing all of the media outlets for the past 5-6 years. Every day there’s some new article on Tesla, a critique on Tesla’s company policies, an exposé on Elon Musk, an opinion piece on how Tesla is the future of all companies, and the list goes on.

 

Tesla CEO VS Board of Directors: Roles, Responsibilities, Conflicts

The leader of Tesla, Elon Musk, is again in the center of public attention. After enduring conflicts and discussions, he is stepping down as Tesla Chairman, while keeping the position of the company’s CEO. The Board, however, still is not sure that this decision is going to be beneficial for the company, as Musk was an undisputed leader holding both of the positions for last 14 years. We decided to have a closer look at the situation and shed a light on the Chairman – CEO roles.

 

News flash: It is OK not to know what career you want

Well-p, here you are, so grown-up, so big, so self-important, and yet you absolutely have no idea what to do and for what to strive for. You’ve graduated your school/college/university, but still don’t have any answers to the questions you had. What’s worse, is that you have even more questions than ever. 

Friends without benefits: Fostering friendship at workplace

“Friends are God’s way of taking care of us”, old wisdom says. 

The recent studies show that having friends influences our well-being and even is good for our physiological health. Having a close person beside you during hard times can prevent you from problems with cardiovascular as well as reduce stress levels. Researches held by Gallup show that three hours of social activity reduce the risk of having a bad day up to 10%. 

15 Steps to land a dream job in a new city

According to statistics, around 35.5 million of Americans change their place of living each year. Some of them enjoy refreshing their lives from time to time and feel excited about the opportunity of moving to a new city or country. However, there are plenty of those who are always anxious about such significant, or even the smallest changes and relocation to an unusual environment can be rather stressful for them. Regardless of which group you belong to, finding a job in a new city can become a rather problematic issue. 

The 40 highest paying jobs in America of 2018

The most valuable advice our parents and teachers give us is to embrace our passions and to turn our hobbies into profession. Many of us follow the wisdom “Make your passion into your career so you’ll never work and day in your life” and start chasing the dreams without even a single thought if they will be able to bring home the bacon. Thus, when it comes to the situation when they don’t have money to pay the bill, they often regret on quick fixes they made. 

Here’s what to do if your company doesn’t offer maternity leave

Giving birth to kids is a vital condition for our biological and economic survival. At the country level, economic growth behooves parents to bring out as many future employees and taxpayers as possible. Unfortunately, women still must make a choice between career and family due to the weak maternity leave laws in our country. Forbes states the USA can’t remain a global economic leader without providing paid family leave for citizens. Are there any ways to defend your rights and enjoy the happiness of parenthood? Let’s try to find out. 

 

How to use a job description to land your dream role

Constantly ignored and overlooked job descriptions, what are they for? Nowadays, the purpose of job description can seem quite redundant and pretty much useless. With the unending excess of data on the internet, there’s no wonder why people would think that. Of course, if one can find all the necessary information about a company and a vacancy on their site. However, things look this way only to an untrained eye. 

15 Ways to bounce back from a horrible day at work

Imagine you woke up in the morning, went to the kitchen and spilt your perfectly made cup of coffee over your white trousers. Then put both contact lenses in the same eye. You stuck into a traffic jam and was late for the meeting with your boss. You burst in his cabinet with a brown spot on your pants, blinking with one eye and the whole management team stared at you paralyzed with shock. When you finally arrived at your workplace, you found out that your computer was broken and all the data was lost. 

How to turn down a job offer after you have already accepted it (with examples)

The job search was so long and annoying. You’ve sent an enormous number of applications to all kinds of companies and firms, attended quite a few interviews, but nothing came out of it. And suddenly, there it is a job offer! Being incredibly excited you jump at the opportunity write them a job acceptance letter. Wow, you are definitely going to do splendidly at this place, nothing can stop you now!