Received an Offer - Now What?

Cotta

Hi All,


As some may know I have been involved in quite a long recruitment process but as of this morning an offer has been made by the company and obviously I'm very happy.

I want to ensure that everything is right with the terms and conditions before responding.

The background is the company approached me initially through their sourcing department, I'm not overly happy with the current company I work for although I must say it has got noticeably better.

The offer itself is not bad, I currently get an employer contribution towards by pension of 5%, the new company is offering 7.5%. so this is good.

My holidays are currently 24 days pa and the new company offers 23 days - I would like this matched.

There is a little flexi time where I am but not too much with option of working an extra hour or two during the week in return for leaving a little earlier on Friday, this doesn't seem to be offered by the new company. Obviously not a deal breaker but it is a fairly important little trait that I do like.

The salary is 4k about what I'm currently getting, however if I accept this role I will lose out on a bonus of around 1k as it is not payable until July subject to me not having handed in my notice. I think to prompt the move I would like the salary to be a little higher.

Am I being reasonable in my expectations and what is the best way of going back to the company? This is quite new to me .

ScorpiondeRooftrouser

You're not going to be able to do much negotiating over holiday, that tends to be laid down in handbooks as a company wide policy. if they gave you extra holidays or flexi time other employees don't have it's a recipe for resentment.

By all means ask for more money. They can only say no.

Is this being handled through an agent?

Cotta

It's through their internal resourcing team, does this make a difference?

ScorpiondeRooftrouser

Not really,; it is just if it is through an agent it's much easier to ask for more money as the agent does that sort of negotiation every day and knows how best to handle it.

Did you tell them a salary you were looking for and have they met it?

lizzy85

Try googling on how best to negotiate salary. You know you can find sample email about this I guess and good luck to you.

Leo2020

You can ask but your reasoning my be your down fall. They are offering you 4k more but you will lose 1k bonus this year. So in effect for the first year you are 3k better off, although after this 4k better off. This new company may well say your still 3k better off and if this is not enough then tough. Of course it is worth asking but would you might find yourself asking if it worth moving even if they won't offer more.

It might come down to how much they want you and how easy it is to find someone else to fill the role. It will be easier to negotiate if you have something which very few other people have, such as a particular skill.

Of course with any job it's not just the money. Things such as hours, distance from work, holidays, bonuses, colleagues and other benefits which effect your decision.

agrinnall

Is there a typo in the holidays part of your post? You say you currently get 24 days and the new company are offering 24 days and you want it matched - that makes no sense as it's already a match.

ScorpiondeRooftrouser

Leo2020 wrote: »

You can ask but your reasoning my be your down fall. They are offering you 4k more but you will lose 1k bonus this year. So in effect for the first year you are 3k better off, although after this 4k better off. This new company may well say your still 3k better off and if this is not enough then tough. Of course it is worth asking but would you might find yourself asking if it worth moving even if they won't offer more.

I have never known a company try to justify an offer in terms of what you are already being paid, or indeed be the least bit interested in your reasoning for wanting a particular salary. It simply isn't relevant. If you refuse to move for less than £x, the only question for them is whether they feel you provide value at £x.

Balancing the offer against your current situation, financial and otherwise, is a matter for the employee and nobody else's business.

Cotta

agrinnall wrote: »

Is there a typo in the holidays part of your post? You say you currently get 24 days and the new company are offering 24 days and you want it matched - that makes no sense as it's already a match.

A bad typo by me - well spotted.

choyaa

We're basically looking at a 3k upshot and the company approached you. Personally it's not quite enough to prompt me to want to move.


It's never a good idea to accept the first offer so there certainly should be room to negotiate.

choyaa

Keep us updated.