All About Timing
You can achieve the best financial outcome when hunting for a tech job when you are able to land multiple offers around the same time. Though it can be tricky, timing your interviews and offers is crucial for a well-negotiated compensation package.
You can not time the stock market, but you can certainly time your interviews. In order to land the best offer, you must schedule your interviews with different companies in such a way that if successful, you receive all the offers interspersed within a two to four-week span. This is the most crucial factor in gaining leverage when negotiating with companies in the post-offer stage.
One common tactic used by employers is to make exploding offers. An exploding offer is one that sets a tight deadline for the candidate to either accept the offer or risk losing it. The goal is to coerce the candidate into accepting the offer and limit the candidate’s ability to shop around and use the company’s offer as leverage against other companies that ...