Told DBAM I had an offer from another company and that I kinda want to get the ball rolling in that department, even if we're still finding a team for me to work on. First thing the DBAM recruiter asked was, "what are the offer details?"
Curious what you guys think about this. Following advice from things like
this article:
Quote:
At that point, you say, “I think we’re close here. It’s important for me to let you know that while I would really love to work for your company, I’m fairly decent at what I do, and I’m obviously searching for a lot of offers in parallel. There’s another offer on the table from a peer organization.”
That’s as specific as I would be: “a peer company.”
Start-ups don’t feel that they have to match offers against finance firms, and finance firms don’t feel that they necessarily care how they compare with Google, so you just say “a peer organization.” That’s as specific as you have to be.
Then, see what they can do.
If they ask you, “What is that offer?” say, “Just like I won’t be sending them a write-up of our conversation, I’m not going to tell you the specifics of the conversation I had with them, but trust me, I’m an honest professional.” If they don’t believe you’re an honest professional, then get out of this conversation, because you definitely don’t want to be working there.
My situation is a little different, in that I've (hopefully not to my detriment) been open about who I've been interviewing with, so they know the company, but I think the other company is also known for paying well so I don't think DBAM should assume they can lowball me.
But anyway, accordingly, I declined to share the offer details from Interesting Large Private Startup and said I didn't think it would be fair to ILPS or DBAM to share each other's offers back and forth, and wanted to focus more on making the best deal we could. Recruiter said OK.
But, I guess I don't totally understand the
theory behind doing things this way. Is it that sharing company A's offer with company B tells B the ballpark you're operating in, and erases the possibility that their initial offer is significantly better than A's?
Because otherwise, I would imagine it being a good thing (even if a little crass) to keep giving each company the others' offer info to get them to outbid each other. But maybe that settles you into a range too easily where they say, "eh, if we just match the other company then maybe that's all we have to do".