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mxyzplk's answermxyzplk's answer is spot on. Just adding more specifics:

Would this be an advisable tactic?

Definitely yes. There is significant potential benefit and really no harm or risk.

Or would there be any consequences? I feel like this could be like a very mild case of extortion.

That would be highly unlikely. As a hiring manager I would very much prefer be kept up to date. I can choose to act on it or not, but I certainly would appreciate the info and a chance to react. It's better than just getting an offer rejected or the candidate disappearing.

Also, what could be a good example email that Alice could send to Company A and B?

Hi"Hi Bob. Thank you so much for interviewing me and I'm very excited about the position and the opportunity. I understand that this process takes time, but I currently have a competing offer on the table and I need to make a decision by XYZ date. I'm very interested in a role at and it would be really helpful for me to understand what your expected timeline is. Would it be possible to discuss this on a quick phone call  ?"

mxyzplk's answer is spot on. Just adding more specifics

Would this be an advisable tactic?

Definitely yes. There is significant potential benefit and really no harm or risk.

Or would there be any consequences? I feel like this could be like a very mild case of extortion.

That would be highly unlikely. As a hiring manager I would very much prefer be kept up to date. I can choose to act on it or not, but I certainly would appreciate the info and a chance to react. It's better than just getting an offer rejected or the candidate disappearing.

Also, what could be a good example email that Alice could send to Company A and B?

Hi Bob. Thank you so much for interviewing me and I'm very excited about the position and the opportunity. I understand that this process takes time, but I currently have a competing offer on the table and I need to make a decision by XYZ date. I'm very interested in a role at and it would be really helpful for me to understand what your expected timeline is. Would it be possible to discuss this on a quick phone call  ?

mxyzplk's answer is spot on. Just adding more specifics:

Would this be an advisable tactic?

Definitely yes. There is significant potential benefit and really no harm or risk.

Or would there be any consequences? I feel like this could be like a very mild case of extortion.

That would be highly unlikely. As a hiring manager I would very much prefer be kept up to date. I can choose to act on it or not, but I certainly would appreciate the info and a chance to react. It's better than just getting an offer rejected or the candidate disappearing.

Also, what could be a good example email that Alice could send to Company A and B?

"Hi Bob. Thank you so much for interviewing me and I'm very excited about the position and the opportunity. I understand that this process takes time, but I currently have a competing offer on the table and I need to make a decision by XYZ date. I'm very interested in a role at and it would be really helpful for me to understand what your expected timeline is. Would it be possible to discuss this on a quick phone call?"

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Hilmar
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mxyzplk's answer is spot on. Just adding more specifics

Would this be an advisable tactic?

Definitely yes. There is significant potential benefit and really no harm or risk.

Or would there be any consequences? I feel like this could be like a very mild case of extortion.

That would be highly unlikely. As a hiring manager I would very much prefer be kept up to date. I can choose to act on it or not, but I certainly would appreciate the info and a chance to react. It's better than just getting an offer rejected or the candidate disappearing.

Also, what could be a good example email that Alice could send to Company A and B?

Hi Bob. Thank you so much for interviewing me and I'm very excited about the position and the opportunity. I understand that this process takes time, but I currently have a competing offer on the table and I need to make a decision by XYZ date. I'm very interested in a role at and it would be really helpful for me to understand what your expected timeline is. Would it be possible to discuss this on a quick phone call ?