What would you do if you received an offer letter from another company that pays higher but you prefer to stay in your current company? Any advise?

What do you want in your career? You should share that with us before we answer your question.

If you prefer to stay, just reject the offer lor.. follow your heart 🙂

Depends

Facing a situation where you receive a job offer with higher pay while still wanting to stay with your current company can be a tricky spot to be in. Here's some neutral advice to consider:

1. Assess Your Priorities: Start by reflecting on your career goals and personal priorities. Consider what factors are most important to you beyond just the salary, such as job satisfaction, work-life balance, growth opportunities, company culture, and job security.
2. Talk to Your Current Employer: If you genuinely prefer staying with your current company, it might be worth having an open and honest conversation with your manager or HR. Express your commitment to the organization and inquire about the possibility of a salary adjustment or advancement opportunities.
3. Consider the Long-Term: Think about your career from a long-term perspective. While a higher salary may be appealing now, take into account how this decision could affect your career trajectory, skill development, and overall job satisfaction in the future.
4. Negotiate with the New Offer: If you're interested in the new offer but would rather stay with your current employer, you can try negotiating with the new company. Ask if they can provide additional benefits or perks that would make the new offer more attractive without necessarily focusing solely on salary.
5. Seek Legal Advice (if necessary): In some cases, there could be legal implications regarding job offers and contracts. If you're unsure about the terms or concerned about any potential legal issues, it may be wise to consult with a legal professional.
6. Review Your Current Benefits: Consider the entire compensation package at your current company, including benefits like healthcare, retirement contributions, stock options, and bonuses. Sometimes these can significantly impact your overall compensation.
7. Network and Research: Continue networking within your industry and researching salary trends. This can provide valuable insights into what's competitive in your field and location.
8. Stay Professional: Regardless of your decision, maintain professionalism throughout the process. Ensure that your actions do not negatively affect your relationships with either your current employer or the potential new employer.
9. Listen to Your Gut: Sometimes, your intuition can guide you in making the right decision. Trust your instincts and choose the path that aligns best with your career and personal goals.
10. Financial Planning: Consider consulting with a financial advisor to assess the long-term financial impact of your decision. They can help you create a plan that aligns with your financial goals.

Ultimately, the decision should be based on what you believe is the best fit for your career and personal circumstances. Take your time, gather as much information as you can, and make a choice that aligns with your values and aspirations.

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I am currently a Financial Advisor as well, so feel free to reach out to me on IG (@ngooooied) if you have any further questions！