The Unacceptable Offer Negotiation Technique
If your offer is truly unacceptable, you must communicate this fact in no
uncertain terms to the decision maker while keeping the outlook for resolution
positive. Example:
"I am still very interested in working with you and your company;
however (never use the word 'but'), at this point I am not able to accept
the offer for the following reason: (state your reasoning succinctly and
what part or parts of the offer are lacking). If you were able to _____
(give your proposed solution), I would gladly accept the position
immediately. Are you able to help bring this about?"
Let's make note of some of the key elements of this approach. First, you
are putting at risk the job offer made to you since you are asking for a different
offer. In terms of contract law, you have just made a counteroffer, which
technically invalidates (or rejects) their initial offer. But if the initial offer is
truly unacceptable to you, you need to be willing to accept the potential
consequences.
Second, you need to communicate what is specifically lacking in the initial
offer. Is it the position? The role and responsibilities? The money?
Insurance? Vacations? You must name it specifically.
Third, you must provide a proposed solution. Tell them exactly what can
be done to make things "right." You need to make it understood that if this
could be changed, you would be willing to accept the position. Immediately.
On the spot. They will be much more willing to go to bat for you if they know
that this is the last roadblock. Don't play the "you shot low so I'll shoot high"
game. Be straight with them as to what it will take to make it happen.
Lastly, you need to appeal to their position and their vanity. "If it is in your
power" is a positive challenge to the true power of the manager. If they really
want you and your request is attainable, this will ice it. Very few managers like
to admit that they are powerless to get what they want. So if it can be done,
they will make it happen.
It's a given that the company wants you by the very fact that they made the
initial offer. However, this does not guarantee that they will be able to respond
to your request. Several factors may come into play. First, can they adjust the
offer at all? Some companies (although very few) have rigid "first offer is last
offer" policies. And in most companies, salary administration is more rigid at
the entry level since comparable parity (what they are paying others with
similar backgrounds and skills) is much easier to define. If they cannot adjust
the offer under any circumstances, you are wasting your time and theirs and
they will probably tell you so. If they are fixed on the monetaries, you might
want to consider attempting to negotiate the near-monetaries or non-monetaries
since these usually allow for some flexibility. But if the offer is still truly
unacceptable, give them a polite "Thanks, but no thanks" and take your leave
of them.
Second, what is the magnitude of your request? There may be restrictions
regarding pay level within the position or benefits offered (only VPs get
company cars, etc.) that cannot change. Be ready to consider alternatives, if
necessary (example: a hiring bonus or relocation assistance in lieu of higher
pay).
Third, what are their alternatives? If you are the only person in the world
who can fill this position, they have very few alternatives and must work to
make the impossible happen. But if they have two others "waiting in the
wings" in case you balk, they may not have much desire to negotiate.
Again, this negotiation technique is the best approach when the offer is
truly unacceptable, but it does run the risk of the entire deal falling through if
you cannot come to terms. So use it with caution.