Negotiating an Exploding Offer

Author
Scott Carr, Alexander R. Bolinger, Neil Tocher
Region
North America
Topic
Strategy & General Management
Human Resources & Organizational Behavior
Length
8 pages
Keywords
Exploding job offers
advice-seeking
negotition
employment
interviews
Student Price
$4.00
Target Audience
Graduate Students
Undergraduate Students

Trevor, a recent MBA graduate, was able to secure promising interviews with two companies. Following his interview with the first company, Trevor was offered a job. Although the job offer was attractive, it did not include an opportunity for an annual bonus and the company set a deadline prior to Trevor’s interview with the second company. Even after persuading the first company to push its deadline back until after his interview with the second company, he would still not have time to receive a formal offer from the second company before deciding on the first company’s offer. Trevor had to decide how to deal with this “exploding” job offer and the uncertainty of not being able to know what, if any, offer would come from the second company.

Learning Outcomes
  1.  Identify the relevant issues that an individual should consider in a job negotiation that involves an exploding job offer.
  2. Explain the implications of “exploding” job offers for both companies and job candidates, and identify tactics job candidates can use to deal with exploding offers.
  3. Analyze effective persuasion tactics for individuals in low-power positions.
  4. Imagine a negotiation from the perspective of a small business to understand a company’s motivation to offer concessions to a candidate.