How to Handle Multiple Job Offers

You’ve interviewed with a company and things went well. The next step is to receive the job offer. In most cases, it’s a simple process — they offer you the job and you must already know how to evaluate a job offer before you accept. But sometimes there are circumstances surrounding the job offer(s) that complicate the process. 
 
So, what is a job seeker to do when more than one job offer is on the table? Here are strategies for handling the situation when multiple job offers are being considered.

MULTIPLE JOB OFFERS

QUESTION
A job seeker recently asked: 
I’ve been interviewing for several jobs simultaneously. What if two companies offer me a job?
ANSWER
This is a great situation to be in! It feels wonderful to be wanted, doesn’t it? Sometimes, it’s an easy decision to make. But it can be a difficult decision if you like both companies. Of course, there are advantages and disadvantages to each job and that can help you make your decision.
 
A “pros and cons” list can be a good way to objectively evaluate which position is the best fit. First,  consider how to evaluate a job offer. Possible categories to assess can include:

  • Salary,
  • Benefits,
  • Work/life balance,
  • Company culture and reputation,
  • Commuting time/telecommuting,
  • If you will find the work challenging and interesting,
  • Who you will be working with (and for!),
  • Industry stability, and
  • Whether the job fits into your long-term goal for professional development.

 
A more likely scenario, however, is that you will receive one job offer before the other. So what do you do if you receive a new job offer AFTER you already accepted a job offer?

NEW JOB OFFER AFTER YOU ALREADY ACCEPTED A JOB OFFER

QUESTION
A job seeker recently asked: 
What do I do if I accepted a job with Company A, but Company B offered me a job after I started my new position?
ANSWER
If you’ve already started working at Company A, this puts you in an uncomfortable position. Your current employer has invested time and money in the hiring process, and has put resources towards training you and getting you up to speed with the company. So don’t make the decision to leave lightly. Again, assess the pros and cons of both positions. It’s important to know how to evaluate a job offer.
 
But if you are going to make a change, make it quickly. You will be burning bridges, but you don’t need to make it any more difficult than it needs to be. Offer your resignation to your new supervisor in person. Don’t put it in an email or text message. Be gracious. Thank them for this opportunity. You may even want to explain that you Are surprised to be offered your “dream” position, and it’s an opportunity that you just couldn’t pass up. Offer your two weeks’ notice (Two Weeks Notice Template), as you would if you were a long-time employee. 
 
Letting your new boss know right away also holds true if you have accepted the job at Company A, but haven’t yet reported to your first day of work. If you are going to revoke an accepted offer of employment, let the company know as soon as possible. Don’t wait to let them know — and don’t just fail to show up for your first day of work. While the company may be disappointed with your decision, the sooner you let them know you’re taking another job, the better.
 
And what do you do if you let your current boss know you’re accepting a new position, and they tell you they don’t want to lose you? A Job Offer Counter Offer is not to be taken lightly. Be sure to look at all angles before you consider moving forward.

WAITING FOR JOB OFFER

QUESTION
A job seeker recently asked: 
I’ve interviewed with two companies. I’ve been offered a job with Company A, but I want to see if I get an offer from Company B (which is the company I really want to work for). How do I handle this?
ANSWER
Do you have an idea of when Company B will be making a hiring decision? That can influence how you handle your response. If you’ve interviewed with both companies, and are waiting for job offer from Company B in the next 48-72 hours, you may be able to strategically “stall” Company A by requesting the offer in writing so you can review it “before accepting.”
 
You can also take this opportunity to negotiate the offer, which may buy you some additional time. Consider the resources offered in this article: How to Negotiate Salary.

Chances are you have not already discussed when to follow up after interview with Company B. So, if Company B hasn’t told you when the hiring decision will be made, you can contact the Hiring Manager and ask about a timeframe. You may even mention that you have been offered another position, but theirs is the job you really want, and you wanted to follow up to see what the timeframe is for making a decision before you let the other company know if you were going to accept their offer.
 
However, there’s that old saying, “A bird in the hand is worth two in the bush.” You may not receive a second job offer. And if you put off Company A for too long — or don’t act “interested enough” — you may even lose that job offer.
 
In some cases, you may be better off taking the job with Company A and then seeing what happens with Company B.  Prepare your Job Offer Acceptance email.


In the “Job Offer” Series

HOW TO EVALUATE A JOB OFFER
https://www.Market-Connections.net/blog/How-to-Evaluate-a-Job-Offer
 
WAITING FOR JOB OFFER
https://www.Market-Connections.net/blog/Waiting-for-Job-Offer
 
JOB OFFER COUNTER OFFER
https://www.Market-Connections.net/blog/Job-Offer-Counter-Offer
 
CONDITIONAL EMPLOYMENT OFFER
https://www.Market-Connections.net/blog/Conditional-Employment-Offer
 
HOW TO HANDLE MULTIPLE JOB OFFERS
https://www.Market-Connections.net/blog/How-to-Handle-Multiple-Job-Offers

SOURCE: https://www.Market-Connections.net/blog/How-to-Handle-Multiple-Job-Offers

About the Author

Mandy Fard is a Certified Professional Resume Writer (CPRW, CMRW) and Recruiter with decades of experience in assisting job seekers, working directly with employers in multiple industries, and writing proven-effective resumes.
 
Feel free to connect with Mandy Fard on LinkedIn: 
https://www.linkedin.com/in/mandyfard/

 
Please follow Market-Connections Resume Services on LinkedIn:

https://www.linkedin.com/company/market-connections-resume-services.com

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