I Got a Counteroffer. Can I Ask The New Firm to Increase Their Offer?

July 11, 2022
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I Received a counteroffer. Can I Ask The New Firm to Increase Their Offer

I Got a Counteroffer. Can I Ask The New Firm to Increase Their Offer?

By Jeff Altman, The Big Game Hunter

5 Things to Consider Before Accepting a Counteroffer

I have already verbally accepted the offer from the new company. Then, the current company wanted to keep me and then have my salary raised (higher than the offer from new company). I haven’t signed the offer/contract from the new company yet, but HR said he would be preparing the contract these days. Would it be still unprofessional/ inappropriate to approach the new company to consider offering me a matching offer in this situation? 
My answer:
Before you ask the new company to match what your current firm did, I want you to do several things. The first is to write down all the reasons why you decided to look for a new job. Make the list as long as you need. Think about the list for an hour. Then, see how many of those things have been remedied by their counteroffer. Then decide whether you should stay neither your current firm or leave if the new company doesn’t increase or match the offer. Make that decision before you ask for more.

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ABOUT JEFF ALTMAN, THE BIG GAME HUNTER

Jeff Altman, The Big Game HunterJeff Altman, The Big Game Hunter is a career and leadership coach who worked as a recruiter for more than 40 years. He is the host of “No BS Job Search Advice Radio,” the #1 podcast in iTunes for job search with more than 2400 episodes. He also hosts Job Search TV on YouTube, and Amazon, as well as on BingeNetworks.tv for Apple TV and 90+ smart sets.

I do a livestream on LinkedIn, YouTube (on the JobSearchTV.com account) and on Facebook (on the Jeff Altman, The Big Game Hunter page) Tuesdays and Fridays at 1 PM Eastern. You can send your questions about job search, hiring better, management, leadership or to get advice about a workplace issue to me through LinkedIn’s messaging .You can also message me through chat during the approximately 30 minute show.

Are you interested in 1:1 coaching? People hire me to provide No BS career advice whether that is about a job search, hiring better, leadership, management or support with a workplace issue. Please click here to see my schedule to book a free discovery call or schedule time for coaching.

My courses are available on my website, www.TheBigGameHunter.us/courses The courses include ones about Informational Interviews, Interviewing, final interview preparation, salary negotiation mistakes to avoid, the top 10 questions to prepare for on any job interview, and starting a new job.

We grant permission for this post and others to be used on your website as long as a backlink is included and notice is provided that it is provided by Jeff Altman, The Big Game Hunter as an author or creator plus a backlink to www.TheBigGameHunter.us.

 

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