Serious replies only please. I have a job offer from a competitor of my current employer which would be a 20% pay increase. It is in the same city I am in now, so there is no cost of living adjustment. I am looking for some input on my three options below. I do have a good relationship with my current employer, and I do not think I am underpaid by any means. Both are Fortune 100 companies, so any and all corporate/political/bullshit factors that pertain to such corporate offices are very much present.

  1. Ask my current employer for a pay raise without telling them about this offer. I would point to my performance over the last couple years and how much I enjoy my current position, and give them an opportunity to increase my current pay. If I get the response of "the money isn't in the budget," etc., then I'm out the next day. It's possible that when I tell them I am leaving that the money will suddenly appear and be available, but then trust is lost anyways and I will still leave.
  2. Advise my current employer of the job offer, and give them an opportunity to match it. My hesitation here is that they and I will both know that I will pull this move again in the future. I just think it could perhaps taint the relationship, impact future opportunities for promotion, etc.
  3. Just take the new job because that is how the world works when you want to make more money.