{"id":112,"date":"2016-06-24T22:38:39","date_gmt":"2016-07-25T13:31:13","guid":{"rendered":"https:\/\/www.wayup.com\/guide\/?p=112"},"modified":"2018-06-29T14:09:25","modified_gmt":"2018-06-29T14:09:25","slug":"tell-employer-competing-job-offers","status":"publish","type":"post","link":"https:\/\/wayupstudent.wpengine.com\/tell-employer-competing-job-offers\/","title":{"rendered":"How to Tell An Employer About Competing Job Offers"},"content":{"rendered":"

Having competing job offers<\/a> is generally considered a great problem to have. It means that multiple companies are interested in working with you and that you\u2019ve proven yourself to be a competitive candidate. However, there are a few things you should consider as you navigate this process, from how to keep both companies in play while exploring your options to whether to tell each company about other offers you\u2019ve received.<\/p>\n

It may seem tricky, but we\u2019ve broken down the steps to make sure that you\u2019re able to juggle everything without dropping the ball, and that you end up with the internship or entry-level job you want.<\/p>\n

Step 1: Make sure your offers are in writing.<\/b><\/h4>\n

A verbal offer is not an official offer. Before you attempt to negotiate with various companies, you need to make sure their offers are in writing \u2014 outlining not only base salary but other important benefits like health insurance, vacation days and flexibility.<\/p>\n

If you\u2019ve only received a verbal offer, contact the hiring manager, recruiter or HR representative that you\u2019ve been interacting with to firm up the offer. Consider saying, \u201cThis all looks great. I\u2019m looking forward to reviewing all of the offer details. When can I expect to receive a written offer?\u201d<\/p>\n

Step 2: Don\u2019t accept an offer if you may back out. Instead, extend the timeline.<\/b><\/h4>\n

Let\u2019s say Company A just gave you an offer, but your top choice \u2013 Company B \u2013 has yet to finalize their offer in writing. Company A is pressuring you to get back to them with your final decision. What do you do?<\/p>\n

Ideally, you want more time. Unless you think asking for more time would be so damaging that it could put your offer at risk, it\u2019s worth saying, \u201cI\u2019m very excited about this offer and the chance to join Company A. I know that you asked for my response by Tuesday, but \u00a0there\u2019s a lot to consider here. Could I have until Thursday to communicate my final decision?\u201d<\/p>\n

It\u2019s possible that Company A may decline your extension request, in which case you have to make a choice to either 1) accept Company A\u2019s offer without knowing the outcome of Company B\u2019s offer or 2) decline Company A while banking on Company B\u2019s offer. While it might be enticing to accept Company A\u2019s offer while also keeping the door open for Company B, accepting and then rescinding an offer could easily burn bridges. It\u2019s best to avoid that scenario if possible.<\/p>\n

Pro Tip: <\/b>A final option, and one we recommend, is to reach out to Company B and tell them about your situation. Let them know that they\u2019re your first choice but that you\u2019re under a deadline to make a decision. If they\u2019re planning to make an offer, this will<\/p>\n

Step 3: Carefully time when you\u2019ll inform each company about the other offers.<\/b><\/h4>\n

If you\u2019re going to inform Company B about Company A\u2019s offer, it\u2019s best to do so in the final interview or final follow-up, once you\u2019ve had a chance to gauge where you stand relative to competing candidates. That said, you don\u2019t want companies thinking you\u2019ve pitted them against one another in a salary war. You could run the risk of having your original offer pulled if you mishandle this conversation.<\/p>\n

Only if you\u2019re feeling confident in the offers and your ability to manage the conversation carefully, should you go ahead and share this information. The goal here is to get all of the offers on the table at the same time for you to consider them and maximize your chance to make the best decision.<\/p>\n

Say something like:<\/i>\u201cI\u2019m very excited about the opportunity to work for Company B, especially the ability to have an impact. Company B is by far my top choice, but I have just received another offer this week at a company that would allow me to build out a different skillset. They asked for my response in a few days, and I was wondering when I could anticipate to find out Company B\u2019s final decision. Thank you again for a great interview process, and I very much look forward to hearing your response.\u201d<\/p>\n

Step 4: Show appreciation.<\/strong><\/h4>\n

Wrapping up your communication with a company should be done with grace and tact. Showing sincere appreciation for the hiring managers involved respects the time and energy they invested in your hiring process. When you\u2019re ready to turn down one of the job offers<\/a>, find out the right way to turn down a job offer.<\/p>\n

With this tricky part of the journey managed, you\u2019ll be ready to dive into your new job.<\/p>\n

Next, get more career tips for internships and entry-level jobs such as What to Do When You Want a Second Job Offer<\/a>\u00a0and find answers to common interview questions such as Tell Me About Yourself<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Having competing job offers is generally considered a great problem to have. It means that multiple companies are interested in working with you and that you\u2019ve proven yourself to be a competitive candidate. However, there are a few things you should consider as you navigate this process, from how to keep both companies in play … Continue reading “How to Tell An Employer About Competing Job Offers”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,41],"tags":[29,45,197,206,214,215],"class_list":["post-112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interviewing-101","category-what-to-do-after-an-interview","tag-job-offer","tag-job-search","tag-underclassman","tag-communications-journalism","tag-english","tag-liberal-arts"],"acf":[],"yoast_head":"\nHow to Tell An Employer About Competing Job Offers | Career Advice & Interview Tips | WayUp Guide<\/title>\n<meta name=\"description\" content=\"It may seem tricky, but we\u2019ve broken down the steps to make sure that 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