2 Job Offers! Help!

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    Topic
  • September 14, 2016 at 9:48 pm #836191
    Zackpasses
    Participant

    Hi everyone,

    I received one job offer from a fortune 500 company last Friday that is extremely generous. Tonight I received an offer from one of the big 4 tech companies. The call tonight was to inform me that the company wanted to extend an offer, but the formal details would not be available until the morning (I let them know when I interviewed Monday that I had a very time sensitive deadline). My issue – is that 1) Tomorrow is the deadline to accept or decline my initial job offer and 2) I do not think the location of the tech company is necessarily where I want to be. Further compounding things is that from a learning and development standpoint the tech company is hands down the clear choice.

    The thought has crossed my mind that one offer may be significantly better than the other. I have never negotiated my salary — is it acceptable to reference another offer as a negotiation tactic? Also I have such limited time to come to a decision … is it legit to ask the original company for an extension through the weekend?

    Thanks everyone in advance for the input!

    FAR - 8/16/15 - 82
    AUD -10/26/15 - 87
    REG -01/28/16 - 80
    BEC -02/27/16 - 74 (very sad), 4/16/16 - 77

Viewing 5 replies - 1 through 5 (of 5 total)
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  • September 15, 2016 at 1:38 am #836329
    Valar Dohaeris
    Participant

    Aren't the Big 4 tech companies also Fortune 500?

    Is there a difference between the two positions in terms of title, job duties, etc.? Are these accounting positions? What makes you think tech company is a clear choice from a learning and development standpoint if you're back office support (finance department)?

    I'm confused on other details – do you have two offers in which you can compare salaries? Which offer is expiring tomorrow?

    It sounds like the Fortune 500 gave you a generous salary and the tech company did not? Plus, you don't want to live where the tech company is located? Sounds like you favor the Fortune 500 company…

    BEC - 85
    AUD - 81
    REG - 84
    FAR - 7/24/16

    September 15, 2016 at 2:29 am #836332
    letsrun4it
    Participant

    You can always accept the first job and then if the 2nd offer is so much better just tell the first job you're sorry, that is 100% acceptable in the business world happens all the time.

    BEC: 85
    REG: 74, 78
    AUD: 86
    FAR: October?

    September 15, 2016 at 2:29 am #836335
    letsrun4it
    Participant

    Careful to put too much emphasis on how big the company is…who cares? My best job I ever had was as an accountant to a HVAC company with 180 employees.

    BEC: 85
    REG: 74, 78
    AUD: 86
    FAR: October?

    September 15, 2016 at 10:17 am #836473
    Spartans92
    Participant

    Yes you can always negotiate your salary and tell them you have other offers. That is what one of my friends did but he was a supply chain rather than accounting. His salary jumped over 5k. Doesn't hurt to ask worse case is they will meet you in the middle. I'll take it!

    BEC- PASS

    September 15, 2016 at 10:24 am #836482
    Missy
    Participant

    I cannot emphasize enough salary is only one aspect of compensation, when comparing offers make sure to look beyond the salary.

    For example, company 1 offers 50k, pays 100% medical, gives flex time and 3 weeks vacation to start.

    Company 2 offers 57k, pays 50% medical and 2 weeks vacation to start.

    Company 1 may well be the better offer if you're going to have $138/week deducted from your paycheck at company 2 you'd actually take home LESS per week and have a week less vacation time available.

    Also consider options such as flex spending, 401k match, options to telecommute, etc.

    Licensed Massachusetts Non Reporting CPA since 2012
    Finance/Admin/HR Manager

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