LumaResume Team
Dec 12, 2024
10 min
You just got an offer from Company A. But you're waiting to hear from Company B, your dream job, and they won't decide for another week.
What do you do?
Here's the dilemma: Companies want quick decisions. You want time to evaluate and create competition. Mismanaging this can cost you the best offer—or any offer at all.
The stakes:
This guide shows you how to juggle multiple offers, negotiate timelines professionally, create leverage without lying, and make the best decision.
"I have another offer at $X" is the strongest negotiation tool you have.
Salary, equity, benefits, culture, growth—side-by-side comparison reveals the best fit.
If negotiations fail with Company A, you still have Company B.
💡 Pro Tip: Even one competing offer can increase your compensation by 10-20%.
Goal: Buy time without losing the offer you have.
Step 1: Thank them and ask for time
"Thank you so much for the offer! I'm very excited. Can I have until [date] to review everything and get back to you?"
Most companies give: 3-7 days by default If you need more: 7-10 days Maximum you can reasonably ask: 2 weeks
Step 2: Accelerate other companies Immediately email/call companies you're interviewing with:
"Hi [Name], I wanted to update you that I've received another offer with a deadline of [date]. I'm very interested in [Company] and would love to expedite the process if possible. Is there any way to move up my timeline?"
What usually happens:
Step 3: Request extension if needed If other companies are close but not ready:
"I'm very excited about this opportunity. I'm in final stages with another company and would love to compare offers fully. Would it be possible to extend my deadline to [date]?"
Most companies will: Give you 3-5 extra days Some companies won't: "We need a decision by Friday or we'll move to our backup candidate."
Goal: Compare thoroughly and negotiate the best deal.
Step 1: Buy time with both Ask each company for 5-7 days to review.
Step 2: Compare on key dimensions
Create a comparison table:
| Factor | Company A | Company B |
|---|---|---|
| Base salary | $120K | $115K |
| Bonus | $20K | $15K |
| Equity value | $40K/year | $60K/year |
| Total comp | $180K | $190K |
| Benefits | Good | Excellent |
| Commute | 30 min | 15 min |
| Culture fit | Strong | Medium |
| Growth potential | High | Medium |
Step 3: Use offers as leverage
Call your preferred company (let's say Company A):
"I'm very excited about [Company A]. I've received another offer with higher total compensation ($190K vs $180K). [Company A] is my top choice because of [culture/growth/team]. Is there any flexibility in the package to help me make this decision?"
Possible outcomes:
Step 4: Make your decision After negotiations, choose based on:
Goal: Complete interviews without losing the offer.
Step 1: Ask for standard timeline extension
"Thank you for the offer! Can I have until [date in 7-10 days] to review?"
Step 2: Immediately reach out to other companies
"I've received an offer with a deadline of [date]. I'm very interested in [Your Company] and would love to complete the interview process. Is there any way to expedite?"
Step 3: Make strategic decisions
If other companies can't accelerate:
When to take the risk:
When NOT to take the risk:
1. Mention you're interviewing elsewhere (without specifics)
"I'm in late-stage conversations with a few other companies."
2. Use a real offer as leverage
"I have an offer from [Company] for $X. You're my top choice—is there flexibility to match?"
3. Ask companies to accelerate
"I have a deadline with another offer. Can we speed up the process?"
4. Be transparent about timelines
"I need to respond to another offer by Friday. What's your timeline?"
DON'T fabricate offers
"I have an offer from Google for $300K" (when you don't)
Why it fails: They might ask for proof or call your bluff. If discovered, you lose credibility and the offer.
DON'T create fake deadlines
"I need to decide by tomorrow" (when you don't)
Why it fails: If they find out, trust is destroyed.
DON'T exaggerate competing offers
"Company X offered $200K" (when it's actually $150K)
Why it fails: Some industries are small; people talk. You'll get caught.
Email:
Hi [Name],
Thank you so much for the offer! I'm very excited about the opportunity to join [Company].
I'd like to review the full package carefully and discuss with my family. Would it be possible to have until [date in 5-7 days] to respond?
Thanks again, and I look forward to connecting soon.
Best, [Your Name]
Email:
Hi [Name],
I really appreciate your flexibility with the timeline. I'm very interested in [Company], and I want to make a thoughtful decision.
I'm in final stages with one other company and should have clarity by [date in 3-5 days]. Would it be possible to extend to that date? I completely understand if that's not feasible, and I'll do my best to decide sooner.
Thank you for understanding.
Best, [Your Name]
Email:
Hi [Name],
I wanted to give you a quick update: I've received another offer with a deadline of [date].
I'm very interested in [Your Company] and would love to complete the interview process. Is there any possibility of expediting so I can give your opportunity full consideration?
I completely understand if the timeline can't be moved, and I appreciate any flexibility you can offer.
Thanks, [Your Name]
Phone/Email:
Hi [Name],
Thank you again for the offer. I'm genuinely excited about [Company] and the [specific team/project/culture aspect].
I've received another offer with a total compensation of $[X]. [Your Company] is my top choice because of [specific reasons], and I'm wondering if there's any flexibility in the package to help me make this decision.
I'm happy to discuss further. Thanks for considering.
Best, [Your Name]
Why it fails: Miss chance to negotiate or wait for better offers.
Do this instead: Always ask for 5-7 days, even if you're 90% sure you'll accept.
Why it fails: Signals indecision; company may rescind offer.
Do this instead: Ask for one extension, maybe two max. After that, decide.
Why it fails: Burns bridges; people remember.
Do this instead: Politely decline companies you're not pursuing.
Why it fails: Can backfire; some companies will walk away.
Do this instead: Be respectful and honest. Position it as "X is my top choice, but I want to make sure the offer is competitive."
Why it fails: Highest salary doesn't always = best opportunity.
Do this instead: Evaluate total comp, growth, culture, work-life balance.
When you have multiple offers, score each on factors that matter to you:
| Factor | Weight | Company A | Company B |
|---|---|---|---|
| Compensation | 30% | 8/10 | 9/10 |
| Culture fit | 25% | 9/10 | 7/10 |
| Growth opportunity | 20% | 9/10 | 6/10 |
| Work-life balance | 15% | 7/10 | 8/10 |
| Commute | 10% | 6/10 | 9/10 |
| Weighted score | 8.1 | 7.8 |
Result: Company A wins by a slight margin. But if culture fit or growth is most important to you, weight those higher.
Remember: Multiple offers are a privilege and a challenge. Handle them with professionalism, honesty, and strategy. The companies respect candidates who advocate for themselves while being transparent. Manage timelines well, create leverage ethically, and choose the opportunity that's best for your career—not just your bank account.