Thank you for joining me on another episode of the corporate Cowboys podcast this is Alex your host Yours Truly today’s proof of life is Wednesday February 15 the day after Saint Valentine’s Day I hope you had a nice one it was warm or cold whatever your preference right you
Were either busy or you were alone or you were getting busy alone and not in a touching yourself kind of way just being a productive like every day that said this podcast is of course for professional development and I hope that you take away from episodes like this certain insights certain skills
Really just insights and knowledge maybe some practical wisdom that you can apply today tonight tomorrow as far as developing and improving your position in relation to corporate because as the podcast caption or title says you want to be able to work with corporate not for corporate work with
Corporate and to do so you must value yourself as a professional in order to advocate for yourself as a professional at the same level as a corporation that takes it takes some [ __ ] fortitude that takes some balls that takes professionalism in order to be able to keep the forest
In view while you analyze the trees if you know you know if if you know you know today’s question comes from our slash career guidance they’re asking for advice they’re saying I have a job offer that’s 60 percent more than what I make but will turn it down should I inform or
Negotiate with my current employer question mark if you find yourself in a similar position and you believe it to be a predicament maybe you find yourself facing a dilemma you or an associate are in similar straights similar circumstances like the one that’s been prompted for us today go ahead reach out to us
Something personalized if you want an opinion a second look another brain in part by the corporate Cowboys just somebody to spitball ideas with we do it very formally there’s an intake process there is an interview process our rates are more than reasonable but our mission our our vision is that you have Associates
That you could bounce these ideas off of folks who’ve had experience either handling this or folks that have had experience strategizing for it with their own Associates in their own circles who have had experiences doing this also I’m fortunate enough and I believe it’s Fortune I’m fortunate enough to have
Been touched with that interest to have had my interest peaked by this type of sociological work not not that pseudo-theoretical [ __ ] the watered down stuff that’s being passed off is that’s being passed off as Marxism or Socialism or whatever the [ __ ] right I enjoy working with people in order to have them
Improve the way they work with people and groups of people that’s organizations that’s corporations that’s governments which are really just corporations with badges with with licenses [Laughter] the body of this one says it’s asking the offer I got is 60 more pay but heck a lot more stress
Okay so yeah obviously there’s going to be some compromise there with money with great money comes great responsibility typically typically so the story goes with great power comes great responsibility and likewise if you’re being compensated handsomely if you’re being compensated in exorbitant amount of money you need to expect that the
Duties the obligate the responsibilities coming your way are going to be on par are going to be proportionally large that said that said there are a lot of considerations that you have to uh take in in assessing evaluating your options whether or not you take the offer or you decline it
So it continues here it says I’m about to be married in six months and doing well in my current job in a reputable company in terms of employment flexibility and work life balance I mean I say I typically say if it ain’t broke find how you can make it better right
You’re already making good money you have good work-life balance but you have 60 percent increase in salary staring at you in the face granted granted the responsibilities are going to be equally Grand equally large so you could expect that but looks like you want to make a family
Looks like you’re about to start um not settling but nesting right you’re gonna get married maybe have kids right they haven’t alluded to that in this fact pattern in this prompt but those are additional questions additional considerations that they should reflect on in making that decision sixty percent more is
Sixty percent more and the responsibilities are expected also to increase with your salary but but another consideration do the responsibilities spill over spill over the hours or the amount of time and focus because granted you will be extending more energy but do they spill over the focus that you already contribute to work
Or will it remain cabined Within whatever work hours you have nine to five nine to six eight to four eight to five eight to six I don’t know what shift it is you work should you could be working overnight in something technical special we don’t know what your base salary is
Right now we don’t know what you make right we don’t know what this what this industry is that you’re in where you’re working for a reputable con company but but there may be additional opportunity that comes with that 60 increase and more responsibilities that you just don’t see yet I mean
If it’s just an offer consider scheduling an interview learning more about it again these are questions and considerations you should be taking into account if I had you as a client I would want to know in order to help you navigate the decision making in order to help you strategize your next move
Plan the action you’re about to take on incorporate because even even declining it is an action turning it down is still an action whether or not it follows you who knows have you done a deep dive on the company trying to recruit you where is the 60 coming from how have these additional
Responsibilities been calculated been been distributed how was that decided we don’t know because we don’t know if our clients here our hypothetical client here has asked these questions they’re not telling us at least maybe they’ve already made that decision because they’ve gone through that process as a constant professional should so it says
It continues through the body it says I’m in the renewable energy industry there you go we got more information to work with and it says it’s not the first come the first time the first company it’s not the first time I’ve been approached all right it’s on the same lines I’ll
Just say the first company that has approached me but maybe my ears perked up my sense is perked up when it’s not the first time the reputable company I work in is a factor as well I guess it says here there’s still room for growth and exposure as I’m just 20
Months in my current company okay I like I kind of like the way they worded that the 20 months makes me think they have a plan makes me think they’re tracking their progress month to month otherwise they would have said a year a little over a year and a half right foreign
But the 20 months is exact it sounds calculated it sounds surgical I like it I like it it’s it’s how a corporate Cowboy would move now that sentence there that says the reputable company I work for is a factor as well that’s that leads me to believe that the
Reputation the company holds is a big factor of why they are there because maybe they’ve done they’ve done something in the renewable energy industry that sets them apart from everyone else and so given that our hypothetical client here is only 20 months into whatever employment agreements they’ve signed I I don’t know
If it’s for a term of years or if it’s just ongoing recurring you know self self renewing we don’t know the degree of future opportunities that are there I mean renewable energy is I mean it’s it’s somewhat old somewhat studied but now it’s beginning to become more and more cost efficient so there’s
Financing available there’s expansion happening there’s new projects more Diversified groups coming into the scene so that reputation does count for something and if in the future they if in the future they should choose to leave I would imagine that our hypothetical client wants the name of a reputable
Company or you know gotta forbid a once reputable company that they used to work for in order to use as a form of Leverage when it comes time to apply or to jump ship or to transfer somewhere laterally or diagonally we don’t know right and it says here that yeah they’re only
20 months in so it leads me to believe that they haven’t exhausted all of their opportunities for advancements all other opportunities to promote again we don’t know what their base salary is even so it’s possible that they haven’t reached whatever cap is possible for their position and the last paragraph here it says
Should I in any way let my employer know that I just got approached and had this offer question mark and it says oh the the last sensor says kindly advice kindly advice maybe that meant with a with an S kindly advise or Z advise somebody kindly advise well
I’ll go ahead and disclaim my opinion I’m a lowly corporate Cowboy I’m entry level forever as everyone is you could you could be demoted you could be terminated career-wise and personally one day to the next everyone is entry level forever business is war the sooner you recognize you were born into a
Corporate War the sooner you can play the game the sooner you recognize you’re playing this game this game of life the sooner you can start playing for keeps and fighting for what’s yours this is a corporate War but again you want to fight not with people
Maybe not fight for people you want you want to work right because again we’re not talking in terms of direct physical violence no no that’s a last resort and a corporate Cowboys briefcase a last resort I mean if if you weren’t corporate if you were on the street maybe a first option
But no a last resort always always you want to learn to work with people as a professional learn to work with entities with with firms with organizations with governments depending on what level it is you seek to attain should you let your current employer know why not
Why not you haven’t you have the offer now before you jump off the edge and tell your employer hey I’m looking pretty valuable out here on the market folks want my head for 60 percent before you go doing all that spouting off the mouth that you got more cut more more money
Being offered to you definitely bring up the fact that you like where you are now that you appreciate the work you’re doing and that you look forward to Opportunities available in the future at the same time you let them know that you were approached with an offer
You’re not so much threatening to leave as you are shaking the tree you’re not so much rocking the boat as you are just keeping them on their toes so of course you want to let them know what they have at home the talent they currently have the talent that others apparently want
Working with them you are the professional you are valuable I mean if you were in a union you would be worth [ __ ] because it could let you go and just get another you’re gonna say ah Union protection Union this Union that nah nah you would get paid what union minimum or whatever
The [ __ ] when you learn to negotiate for yourself you don’t even have to pay dues people pay you you’re the professional but my people perish for a lack of knowledge my people perish for lack of education and I’m not talking about public institutions nah I mean it should be public knowledge
But it definitely is not instituted no no no no folks leave institutions in today’s day and age institutionalized and don’t know how to Value themselves don’t know how to negotiate their worth and do so in a courteous professional manner there is always a way to get more money
In-house in the company that you are currently but but you’ve got to ask yourself whether or not the 60 with the added responsibilities really is really is what they’re offering or is it something else is it’s another company culture another mission another vision something different you can align with
Or not you know it’s possible that it isn’t at all that the extra money with the extra responsibilities are absolutely not worth it but you’ve got to go through the interview process to really figure that out you’ve got to know exactly what the offer entails who is making the offer and for what
For what reason why why you why you let’s take a look at uh some of these comments I’ll go ahead and read some of the comments the top ones at least the ones that have been voted the most uh and just as a social researcher I do like reading the top comments because
Typically they tend to be the most it sounds like I’m generalizing but they tend to be the most sound the most logical right if folks agree with them the most and so they’re the most upvoted maybe because they have an air of wisdom to them and this first comment reads
If you do try to leverage the offer make sure you’re willing to make the jump um yeah yeah I’m gonna agree with that I’m going to agree with that only because it implies that you’re making a decision to leverage the offer and by leveraging it it implies that you’ve got some um
I I know I’m getting metaphorical here but you’ve got some purchase with them is that you’ve found a weak spot to exploit because the other company’s offer of 60 more was to such degree it was sold on you to such a degree that you now have something that you can use for leverage
And get get some purchase on the current company that you’re with now use it as a as a as a pry bar if you will that’s what the Leverage is for right but in order to use the pry bar you need something to stick it into some type of little
Ledge something to catch hold with that’s having purchase on something right before you Flex it upward before you pry it upward or in whatever Direction you want to do right but you need to have that information on hand in order to act on it effectively the same comment says I know someone who
Did that and bluffed and didn’t make the jump when our company mocked okay so your company [ __ ] fumbled the bag and it says pretty sure they stayed grossly underpaid until they finally left the company two to three years later that that’s good advice it’s it’s good advice I think if you’re going to
Leverage that information it requires you knowing exactly what the offer entails this 60 more obviously you’re about to get married you want to take your significant other into account right your spouse you want to let them know what exists for you in terms of career moves and as your hypothetical
Consultant I would also take them into account whether or not uh the added stress that you’ll be taking on from work is something they might expect or not expect to spill over at home again this requires you requires you to do your homework to do your due diligence as a
Professional and find out whether or not these added responsibilities if they really are a 60 increase in responsibility along with your 60 percent increase in salary and and if not whether or not and and whether or not that compromise is worth it right because if you’re working the same
Hours you’re just working uh maybe not harder but then uh in different areas in that renewable resource renewable energy field you’re learning more you’re being exposed to more you are responsible for more areas of work and if that does not leave your nine to five shift
Let’s take for example just for the sake of argument if that does not leave your nine to five shift I see it as a win-win me personally because I’m in love with the game I love the work I love doing dirt if there’s an increase in responsibility
And I’m getting paid 60 more to do something I love and I don’t have to worry about taking my work home if I don’t want to that’s a win that’s a definite dub it’s a w in my book why because it aligns with my ultimate vision of professional developments and being a
Better professional now again that requires you doing your due diligence in order for you to negotiate effectively we can help you with this if you find yourself in a similar position if you know somebody who’s approached you and you don’t know how to how to help them refer them refer them to us
There’s a there’s a saying out there that it’s sad that we have a circle of we may have a Social Circle of people that we go out with to uh bars or I don’t know entertainment venues when we sit and talk and [ __ ] just talk about nothing just utter nothings under nothingness
And yet we don’t have a circle of people we can come to and explore ideas to improve ourselves to explore entrepreneurial Ventures to explore career moves and strategy for professional development and future building but we exist we’re here sometimes we’re not in your immediate circle but the fact that you’re
Listening to this podcast should tell you that you’re interested in having an associate who can do that for you and we are more than happy to help the second comment I’ll read also it says if you work for a large company or organization then yes
Yes as in you should let them know you should let them know me personally I say what have you got to lose obviously you want to inform yourself let the company know after you’ve entered after you’ve interviewed with them and gotten the information that you need because
If we’re looking out for anyone we’re looking out for our professional development we’re looking out for ourselves we’re looking out for number one because because everyone is entry level forever so unless you’ve got some type of special tie some special relationship to your manager to your supervisor to this
Reputable company in renewable energy you don’t owe each other you don’t owe one another anything right unless unless legally you’re like a fiduciary and you’ve got legally duties you’ve got legal legal duties you’re legally bound to them to act for them and in their interest s you don’t owe one another anything
So you go find out what this company that’s offering you 60 really wants from you and why they want you and then approach the company you’re with now let them know hey they’re trying to head hunt me over here what are my options you lay it out for
Them because you know now what your options are at that other company you want to be as thoroughly informed as possible that is conducting your due diligence that is your duty you have a duty to yourself an obligation to yourself as a professional to act as a consummate professional
Know what options you have outside of the firm if you haven’t already informed yourself on what options you have inside of the firm and then approach your current company approach the leadership the senior execs let them know what’s it like in the trenches in the marketplace because they may not be
Worried about their own positions right they’re tenured they’re protected in ways in you know in a sort of way but they’re also entry level forever I mean let’s not get let’s not get it twisted but you should let them know that they are always in Risk of losing Talent
Keep them on their toes you’re not necessarily rocking the boat you’re not going to approach them right off the bat and treat this 60 offer like you’re sticking them up for money no no you’re a professional you’re not here you’re not here to Rob anybody this isn’t come on this isn’t the street
This isn’t a taking by force this is a taking by persuasion this is a taking by a professional courtesy of sorts you’re doing them a favor [Laughter] it says continuing considering if you work for a small business that’s more or less run by just one person then no
This happens all the time at large organizations and it’s a great way to negotiate to better pay and benefits in small organizations people’s egos can get in the way and if it’s truly a small business and you offend the right person they could just fire you because you don’t have as many protections
You see what I’m saying you see what I’m saying so I I personally did not take into account the size of the business why because you’re moving professionally regardless of the size of business that you’re in but but it’s a good it’s a good point to keep in
Hindsight that the size of the business matters why because that’s going to dictate who you report to and what span of control they have over you your career your professional development if they are some type of influence that you cannot negotiate away then you’ve got to negotiate with
Right you’ve got to work with them don’t fight them don’t fight with them negotiate and work with them large business or small business it’s the same approach for a very similar approach now if they do let you go right this will have been after after you’ve assessed what options you have
And of course if you approach them in a professional manner a courteous manner right you’re not sticking them up for a salary increase they should have no reason to terminate your employment they should not have a reason to terminate your employment but but if you choose to introduce this offer to them
If you choose to present it to them how you present it could also dictate how they act if it’s perceived if it’s perceived that you’re using it for leverage it’s up to you to know exactly who you’re dealing with who you’re dealing with and how they may act
At that point in time I mean unless you’re dealing with a psychopath who would terminate you one moment to the next typically we’re dealing with business people who are also to a degree professionals so be mindful of that let me just finish off this comment it says if you are regularly getting offers
For double digits percentage more in pay then you are being severely underpaid at your current job and honestly taken advantage of it might be worthwhile to freshen up your resume and intentionally look for a new position so you can find something with the work life balance you
Want where you will be paid fairly and probably have access to better benefits like PTO better health and dental etc etc that Trails off and it ends there that to me is I think a first point right if you are not constantly looking and if you’ve gotten more than one offer
In the past to me it’s a Telltale sign that you could get more money for what you’re doing right it could also mean that you’re getting paid adequately because you have 60 percent less responsibilities again that all depends on the situation you are in now and how you best qualify and quantify
Your circumstances before making a move you need to do your due diligence as a professional you owe it to yourself this is your professional obligation your professional Duty and looking out for your professional development in order to improve and better your lot in life and Better Business around you it starts with you
You want to know more about what this offer consists of go interview it can be informational obviously that requires knowing how to conduct an interview and interview is also two-way it goes two ways that’s higher level consultancy if you’re interested reach out to us find us on Instagram that’s that’s
Corporate Cowboys with the Z on patreon that’s the corporate Cowboys podcast there are multiple tiers some are q a some are exclusive and we’re on Rumble also Rumble in YouTube so you can’t miss it you can’t miss us because we rarely Miss if ever can’t say never right because we’ve been
In the trenches and you end up in the trenches being born into it like everyone is entry level forever what can you say have a blessed one I will catch you on the next one take care
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