Tim, per your comment on playing games/bluffing on having a higher paying offer, my opinion is that is never a good idea; I’m glad your instincts tell you not to do that. Obviously, it’s dishonest, and that’s just never a good idea for all the obvious reasons (and I’m sure why you don’t want to do it.)
The other is that’s its an “all in” game. We just had a relatively young lady play that game with us. She’s good, but she’s gotten an inflated opinion of herself in the last couple of years. So she waltzes in to her manager’s office, says “I have an offer that is much higher than what I’m getting paid here from XXXX, so I’m afraid I have to resign. I just can’t afford to turn that down.” The manager asked her, is that the only reason you’re leaving us, just the higher money? She said yes. He asked, how much? and she told him a number that was about 50% higher than what she was making. So the manager told her, well, we hate to lose you but if you feel like that salary is enough for you to leave us, all we can say is good luck.
Soooo, she walks back to her office, in another building, and after about 20 minutes she called the manager. She was both in tears and angry. “I can’t believe you just let me walk away like that! I can’t believe you wouldn’t counter offer!” etc. The manager said, you know we don’t play the counter offer game, Jeff feels like it is unfair to the people who don’t threaten to leave for their peer to get a higher salary purely because they do threaten to leave.
More drama, but the bottom line was she was bluffing. She got back to her office, realized oh crap, NOW what. There was no graceful out. Not only that, but she didn’t really understand the network we have in this industry; I chair a national technical steering team for our industry, and the CTO for the company that she claimed to have the offer from is on that team and, even though we are competitors., we talk pretty often. Later I talked to the CTO and she told me they never gave our employee an offer.
So today, this employee has lost a lot of credibility. I told my manager, OK, chalk it up to immaturity, but his feeling is he can’t really give her the promotion he was going to give her, at least for a while, because it has a lot more responsibility and he is not comfortable she isn’t going to walk out the door as soon as she can find another job, plus he just doesn’t trust her any more. (I may end up having to move her to a role with another manager if this was just a dumb one time move on her part.)
Too long, but just one example that happened to me very recently when someone bluffed a job move to try to get more money. It MAY work, but it is a dangerous game and, IMO, very different from approaching an employer when you have a real offer and wanting to discuss it with them.
BTW - there is a school of thought that you should never tell a current employer you have an offer from another company that you are contemplating. The thinking being that, even if you stay, it puts the thought in the mind of upper management that you are a risk to leave and thus they will not consider you for promotions and more important roles. And I know some managers do indeed think that way. Not all, but some.
FWIW