To use job offer as leverage

[Grossirsansplaisir]

Nc as outing.

I have been offered a role at a new company. Without giving too much away it is identical to my current job, but with a senior title and the pay increase offered is not insignificant (c. 30% more) plus higher matched pension contributions.

I like my current role, I like the company, the people, my boss, the culture, its on my doorstep but office based 4 days whereas this is significantly further base wise but only 1 day

I wasn't actively looking but I always Keep an ear to the ground (as I believe anyone in the private sector should given how trigger happy redundancies are in the past 5 years!) - the similarity to my current role drew me in and I just went there

My only gripe with my current role is lack of progression, I've been clear in my 121s and reviews that progression is key for me and that whilst I enjoy my role, I would move for the next step (I'm already working at this level and tbh believe my role is at that level) - it had always been silently assumed by both of us I meant internally.

As I say, i don't not enjoy my work, but the salary increase and seniority increase is really not insignificant.

WIBU to use this to open negotiations with my current work?

By no means an ultimatum, but an honest conversation around how this new offer is too significant package wise to ignore, and if there is anything they can do by way of status or pay? I'd prioritise the status over the pay as it would have increased benefits longer term and be a step closer to where I ideally want to be.

I've thought about it and I'd be prepared to leave if it's a hard no - but given how much I like it here surely its worth a shot

If you think I should do it ..how?

people do it all the time, I think it's fine, though I would be conscious of how you phrase it.

the only thing that might work against you (and I'm not a HR expert so could be talking out of my arse) but you don't want a simple pay rise, you want progression. I don't know if there is a way to guarantee that your current workplace will give you that even if there is verbal agreement. A new job title and responsibilities would surely be considered a new job which equal opportunities mean they should advertise internally and externally and interview candidates, so they can't provide you with a new contract before those steps are conducted. It might leave you in the position of turning down this new job, and staying for something which never materialises.

I voted YABU because I can’t for the life of me see why you wouldn’t move on.

Just accept the new job!

You would be unreasonable if you didn’t go to your current employer and negotiate. My previous manage did similar and ended up staying, was given more responsibility and has absolutely run with it and since had at least 2 more promotions and is very well respected. It was clearly a pivotal point in her career.

if your work are arsey or just tell you outright they not willing to match it that tells you all you need to know.

Accept the new job and hand in your notice. If you get offered more where you are then consider it.

You could, you have nothing to lose by doing so, but personally I'd resign. Having been there and done that, the likely scenerio is your current employers match your offer, they are then unlikely to give you a future pay rise any time soon and words such as red banded, top of pay scale will be banded about and ultimately you leave anyway.

Do you think they'll match a 30% increase and job title boost given that they have not offered you the progression you feel you need so far?

I think that very few places would give someone a 30% increase to retain them unless they were utterly essential. I'd cut my losses and move to a job you know you can do with better pay and a better title.

I don't really get the reasons you would stay.

I recall reading some statistics a while back that the majority of people who accept a counter-offer from their current employer still leave within 12 months.
The package might have improved but the overall company hasn't changed, and having successfully interviewed elsewhere, you're aware of your value in the job market.
You'd need to consider the counter offer from your employer and the one from the new company on the same basis - as though you had a new offer from each company, going through all the due dil that you would with any new job re progression, 5 year outlook etc; don't just rely on what you know of your current company!

Go for it.

I wouldn't frame it as "anything they can do", I would be quite clear about what sort of offer could persuade you to reject the other job opportunity. If you are going to negotiate don't make it look like you are begging for crumbs.

Good luck.

Thanks all! Will let you know how it goes

If you manage to negotiate a payrise with your current company above the ceiling you say they have... then you need to bear in mind that there will be NO further pay rises for you for probably several years at that company as they've 'done you a favour'.
1 day a week in the office even if further away also sounds much better than 4 days in an office even if it's close to you!
Plus the obvious other bits about the salary and pension increase!
I'd be taking the new job and not looking back. Leave on good terms without a faff about as you never know...