An employment question

I've recently been job hunting. Finally got an offer. After some negotiation, got an offer letter.

I signed it and returned it.

Here's my question.

I have another offer (possibly) that would pay even more.

What is the protocol for refusing the offer that I already signed for?
Is it just business?
Or is it rude?

Should I even consider the following offer after I agreed to the first offer?

I've spent too much time in a military environment so please forgive my innocence in this arena.

So I bring forth my query to the learned members of ATS.

What is the right and proper thing to do?

reply to post by beezzer


It's not rude it's all about you getting the best contract you can negotiate. That's what business is about. Just be respectful, you never know when you might need that other companies employment.

Im probably not the best person to answer this.

reply to post by beezzer
It would be proper form to inform the company with whom you have accepted a position of the other company's offer and give them the opportunity to make a counter offer. They may be willing to match or exceed the offer, If not, then accept the other company's offer- you must do what is in your best fiscal interest. Good luck!

Originally posted by beezzer
I've recently been job hunting. Finally got an offer. After some negotiation, got an offer letter.

I signed it and returned it.

Here's my question.

I have another offer (possibly) that would pay even more.

Is it a legally binding contract? Or just an acceptance of employment? I would think if it weren't something legally binding, then the offer with more money would suit, especially if it's a significant amount more than the first offer.

What is the protocol for refusing the offer that I already signed for?
Is it just business?
Or is it rude?

This may sound a little pretentious, but I would go back to your first employer and let them know you have been offered more money at another job and see if they can match it. See which company offers you the most, and see if you can squeeze them for a little extra, such as company cars, bonuses or bigger bonuses, etc.

Should I even consider the following offer after I agreed to the first offer?

It depends. Try to think of it this way. Would any company offer you the same courtesy? If you are getting more money, from company a than company b then do it. Companies are aggressive at trimming ranks and personell when it suits them, so it might be good to get some back, especially if you have unique or specialised skills.

I've spent too much time in a military environment so please forgive my innocence in this arena.

So I bring forth my query to the learned members of ATS.

At the end of the day, people work to make money, even in a career. In business, there is rarely any loyalty towards employees, so why not use what you have to your advantage. You have the choice between two employers. See what they can do for you and take the best option for you.

Lets break it down it brother. Why did you apply for a job in the first place? If your like everyone else in the world you signed up to work for money. So if your working anyway it might as well be for the best deal you can get. You know they would have zero qualms with firing you and seeing you suffer so you should have no feelings for them either. Think about yourself sir.

It would be proper form to inform the company with whom you have accepted a position of the other company's offer and give them the opportunity to make a counter offer. They may be willing to match or exceed the offer, If not, then accept the other company's offer- you must do what is in your best fiscal interest. Good luck!

Like littled said
I don't know where you are from but that would be the decent thing to do in the UK

Cody

Wow.

Thanks all. I appreciate the information. I know there is no such thing as company loyalty anymore. But as for the right approach to take, that was new to me.

You all have provided some much needed insight.

www.foxnews.com...

there's no such thing as employment

I think i would research the companies a bit. The higher paying job sounds better but if the company is not on firm ground or the benefits suck, or if the company has a history of never giving raises, etc, it would not be more money in the long run. Ideally, talking to someone that is or has been employed by the company would be nice for info. I have changed jobs for more money before and hated my new job/employer. Like one employer gave me $5k a year bonus at christmas. The new higher paying job gave me a $5 gift certificate and a fruit basket.

reply to post by jimmiec


I am familiar with both organisations.

One was just quicker to hire me than the other.

One is on the west coast and the other is on the east coast. Both factor in cost of living well, both provide a secure (for what it's worth) work environment.

It's a tough and rare position I find myself in, considering the economic state.

Originally posted by TB0x1
www.foxnews.com...

there's no such thing as employment

As odd as it may sound, I agree, but there are some jobs out there.

Good Luck Beezer.

I agree, let the first company know you got a better offer and allow them to make a counter offer. If not go with the one that makes the most money.

reply to post by Manhater


Thank you. Will have to just wait and see what the second company does.

What...you mean you are not coming to work for me.....

I thought we had hammered out all the small details last year. I even threw in that job signing bonus of 2 goats.

Congrats Beez. As Littled said, that is considered the accepted protocol when competing companies offer you a job.

Just keep that in mind...they are competing for you. May you come out the Winner....

Des

You dont know yet if the 2nd offer will come to pass...it could fall thru...then you will have lost both....

reply to post by Destinyone


Don't worry.

My wife still wants to work for you.

Originally posted by mysterioustranger
You dont know yet if the 2nd offer will come to pass...it could fall thru...then you will have lost both....

That's why I already accepted the first offer (bird in the hand etc.)

Just was unsure about another offer-protocol.

Originally posted by beezzer

Originally posted by mysterioustranger
You dont know yet if the 2nd offer will come to pass...it could fall thru...then you will have lost both....

That's why I already accepted the first offer (bird in the hand etc.)

Just was unsure about another offer-protocol.

Congrats Beez....

What is your Cab #, so I can ask for you, when I'm in town.....

Des

reply to post by Destinyone


Just look for me, I'll be in line at the airport.

Originally posted by beezzer

Originally posted by mysterioustranger
You dont know yet if the 2nd offer will come to pass...it could fall thru...then you will have lost both....

That's why I already accepted the first offer (bird in the hand etc.)

Just was unsure about another offer-protocol.

Just be careful because unless you have an employment contract for a specific length of time, the first company can always decide to fire you or take back their offer. (It does happen).

Employers still WANT loyalty. They may not like people shopping around right after accepting an offer.

Unless there is some amazing second offer, if it was me, I would stick with the first.