Multiple job offers
By Path Editor in Career Seekers | 4 comments
Often we heard people bragging about the job offers they’ve got from various companies, we might ask, “am I not good enough? Or he/she is too good?”
How can we get multiple job offers? Here’re some links compiled by MJ.
Journal A Day - How To Generate Multiple Job Offers:
Your market value often comes up when a potential employer realized that you’ve been offered a job by someone else.
Firstly, an employer doesn’t want to lose the selection of the crop to another organization. Secondly, if an employer is considering you but is still waiting for someone better to come along, the recognition that you’re about to get together from another organization may spur him or her to make you an offer now. And thirdly, competition tends to lose an employer’s pocketbook twines: if you have another job offer, there’s a better opportunity for you to negotiate a higher wage with someone else.
This is certainly true. One of my ex-colleagues, Mermaid, resigned from her job and was scheduled to work in another company. During the notice period, she applied for another job within that current company. Due to the offer from another company which came in earlier than the other job offer at the same company, she jumped to accept the offer of the new company. When the manager from the current ex-company called her up, she was counter offered with the same salary.
Tell the hiring managers that you need more time to consider the offer. Multiple offers or not, it’s always a good rule to follow. Companies don’t expect you to say yes or no right away, and if they have a strict “now or never attitude”, then it is best to be wary of their styles and principles. If they really want you, they can afford to wait a few days. With some time dedicated to assessing your options, you should be confident that you can make an informed choice.
California Alumni - The Seven Steps to a Better Job:
When David got a voice mail offering him a position–a job upgrading at an East Bay private school’s fund raising operation, I told him: “Don’t negotiate on the spot. Say, ‘I’m pleased you’re offering me the job. Can we set up an appointment to discuss terms in a few days? In the meantime, I’m fortunate enough to have another job offer, so can I speak with a prospective co-worker or two? I want to get a better feel for the position?” That not only made David seem not desperate, which vastly improves his negotiating position, it gave him a chance to get a sense from the co-workers of what’s the most he could reasonably negotiate for, and importantly, have a better idea of whether he wanted the job at all.
Ask the cubicle expat: Help! My editor’s paying my friend more than me!
To ask for more money, couch your request in language like, “You know I love writing for you and think your publication rocks, but I’m in the tough position of being offered twice as much money to write for all my other editors [or clients]. Any chance you can come up in price? I’d like to keep working with you, but I have to wear my business hat, too.” Subtext: Eventually, dear editor, you’re going to lose me if you don’t show me the money.
My question is if the potential employer asks which company, job description and salary/benefits offered, how to reply? Do you disclose the information?
Contributed by MJ@I Am Rainbow
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pk tan | Nov 20, 2007 | Reply
yes well said. fully agreed.
there were twice in my life so far that i received offers at the same time from two companies.
But just often does it happen, especially nowadays?
I dont delight in bragging, there are seasons in life. Sometimes there’s just one too many, while other times the lull of silence just doesnt go away.
i sat out at home for 5months at one time, unemployed. Finally an opportunity came along in a walk-interview, where over 100 applicants attended & i had to wait 6hours to face a panel of HRs and Managers.
the meat thrown to the dog was a take-it or leave-it,we have plenty (of guys waiting)out there. I was desparate & ready to take up anything they would give.
Q : Just how low to stoop down?
A : How about fresh grad pay?
Q : You want it?
I had no bargaining power on that day.
Fellow wage-earners,
I be happy for you to give them a run for their money.
SH | Nov 21, 2007 | Reply
My personal input to your question above.
Professionally the rule of thumb is NO. You can just give them the background but not throwing direct information to them. A good organization they should value you by looking at your skills and ability, your potential and how you can fit into their organization and contribute rather then just competing with other organization on the wage. We have seen this kind of negotiation brings downfall to all parties. Always negotiate on a Win/Win basis.
I have some of my candidates shared that they regretted negotiate their pay so high or taking up another company that offer higher pay. Reason is that when they pay you that high they will expect triple return on their investment. The candidate sort of work 7 days a week and never go home before 9pm. He mentioned he regretted his action but too late to turn back as his commitment is very high.
Lesson to learn: Negotiate according to your value and ability where you will still have life after joining the organization. MJ, hope this gives you some insight when comes to making the decision. Money is not everything but is important so wise decision is required. Always ask yourself beside money what else they are offering to you? How about working environment, opportunity of growth, etc…
pk tan | Nov 27, 2007 | Reply
Q : should you tell them how much you are worth?
In my opinion you should.
And you do this by letting in sufficient information that will do the job of bagging a good deal for yourself.
Otherwise, how would anybody know how much are you really worth ? Apart from an independent assessment of your skill, talent, character.. etc; the next best reference is to know Just how much any other company would pay you.
And the better you are gauged, the higher your perceived market value is. It helps the interviewer a lot by providing real-life offer(s) that you have had; or are having at the moment.
EXPERIENCE might be the silent testimony on the track record of your employment history.
But it is the OFFER(s) presented to you that really speak of how much those years of experience are good for.
It is also likely that landing the whopper job as a result of multiple-offers
carries the downside of high expectations on you once you are on board ! This i see the point and readily agree with SH.
IN my previous job I tired myself out of good conscience, never wanting to claim an hour of Overtime. Perhaps I was perpetuating the good image of an employee that worth the money paid to me. Oh gee, how i endured the long hours to make good the perception he (ex-boss) had of me. Would I do that again? If money is not everything there is in life, I think twice ..
Nonetheless,
if public listed companies are gauged by the worth of their stocks, I see multiple-offers in the same measure as it speaks about the caliber of a potential candidate.
MJ | Dec 7, 2007 | Reply
Personally, I would never disclose which company specifically even if asked but there are people who do get better pay after a job is offered because they disclosed that another company is offering how much more.
Agree with SH, companies shouldn’t pay someone based on what competitors are paying. It should be about the person’s ability, experience, etc.