Copied comment update from OP into question body so content is not lost if comments are purged.

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edited Jul 13, 2021 at 11:01

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I am blessed to be gainfully employed by a large fortune 500 company and have been approached by a small company in the private sector with a compelling offer that I would like to accept.

I notified my employer of my intent to leave, who asked me to pause while they assemble a counter-offer.

The Problem

The small company package is 20% more valuable than my current wage. The large company plans to counter with a package 30% greater than my current wage.

My Questions

After I receive the counter offer, is it courteous/acceptable to approach the smaller company and ask them to match the larger offer? If so, is it unprofessional to ask both parties for a best-and-final offer?
In the event I accept the smaller company's offer, the large company asked that I consider contracting my services for 6-12 months after my departure, nights and weekends. Is this common? The companies are in different industries and are not competitors.

Update: 2016-02-09, copied from comments

A lot has happened since then, but long story short I gave 30 days notice and went with the private sector offer. It turned out to be the best decision I ever made; the private sector was a better personality fit and gave me room to really innovate/excel. I've since been promoted to senior management and my standard of living largely exceeds what the counter-offer in the original post would have provided. Not for everyone, but def would not have happened if I stayed at the big public company.

I am blessed to be gainfully employed by a large fortune 500 company and have been approached by a small company in the private sector with a compelling offer that I would like to accept.

I notified my employer of my intent to leave, who asked me to pause while they assemble a counter-offer.

The Problem

The small company package is 20% more valuable than my current wage. The large company plans to counter with a package 30% greater than my current wage.

My Questions

After I receive the counter offer, is it courteous/acceptable to approach the smaller company and ask them to match the larger offer? If so, is it unprofessional to ask both parties for a best-and-final offer?
In the event I accept the smaller company's offer, the large company asked that I consider contracting my services for 6-12 months after my departure, nights and weekends. Is this common? The companies are in different industries and are not competitors.

I am blessed to be gainfully employed by a large fortune 500 company and have been approached by a small company in the private sector with a compelling offer that I would like to accept.

I notified my employer of my intent to leave, who asked me to pause while they assemble a counter-offer.

The Problem

The small company package is 20% more valuable than my current wage. The large company plans to counter with a package 30% greater than my current wage.

My Questions

After I receive the counter offer, is it courteous/acceptable to approach the smaller company and ask them to match the larger offer? If so, is it unprofessional to ask both parties for a best-and-final offer?
In the event I accept the smaller company's offer, the large company asked that I consider contracting my services for 6-12 months after my departure, nights and weekends. Is this common? The companies are in different industries and are not competitors.

Update: 2016-02-09, copied from comments

A lot has happened since then, but long story short I gave 30 days notice and went with the private sector offer. It turned out to be the best decision I ever made; the private sector was a better personality fit and gave me room to really innovate/excel. I've since been promoted to senior management and my standard of living largely exceeds what the counter-offer in the original post would have provided. Not for everyone, but def would not have happened if I stayed at the big public company.

edited for brevity

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edited Jul 11, 2021 at 15:55

Dan

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I am blessed to be gainfully employed by a large fortune 500 company and have been approached by a small company in the private sector with a very compelling offer that I would like to accept.

I notified my employer of my intent to leave, and theywho asked me to wait a few dayspause while they assemble a counter-offer.

The Problem

The small company offered a package who's value is approximately 20% more valuable than my current wage. The large company is planning on counteringplans to counter with a package that is 30% greater than my current wage.

My Questions

After I receive the counter offer, is it courteous/acceptable to approach the smaller company and ask them to match the larger offer? If so, is it unprofessional to ask both parties for a best-and-final offer?
In the event that I accept the smaller company's offer, the large company asked me ifthat I would consider contracting my services to them for 6-12 months after my departure. (ex: new job during the day, doing contract work at nightnights and on weekends). Is this common, or is this considered an unprofessional move that could burn bridges? (theThe companies are in different industries and are not competitors).

I am blessed to be gainfully employed by a large fortune 500 company and have been approached by a small company in the private sector with a very compelling offer that I would like to accept.

I notified my employer of my intent to leave, and they asked me to wait a few days while they assemble a counter-offer.

The Problem

The small company offered a package who's value is approximately 20% more valuable than my current wage. The large company is planning on countering with a package that is 30% greater than my current wage.

My Questions

After I receive the counter offer, is it courteous/acceptable to approach the smaller company and ask them to match the larger offer? If so, is it unprofessional to ask both parties for a best-and-final offer?
In the event that I accept the smaller company's offer, the large company asked me if I would consider contracting my services to them for 6-12 months after my departure. (ex: new job during the day, doing contract work at night and on weekends). Is this common, or is this considered an unprofessional move that could burn bridges? (the companies are in different industries and are not competitors)

I am blessed to be gainfully employed by a large fortune 500 company and have been approached by a small company in the private sector with a compelling offer that I would like to accept.

I notified my employer of my intent to leave, who asked me to pause while they assemble a counter-offer.

The Problem

The small company package is 20% more valuable than my current wage. The large company plans to counter with a package 30% greater than my current wage.

My Questions

After I receive the counter offer, is it courteous/acceptable to approach the smaller company and ask them to match the larger offer? If so, is it unprofessional to ask both parties for a best-and-final offer?
In the event I accept the smaller company's offer, the large company asked that I consider contracting my services for 6-12 months after my departure, nights and weekends. Is this common? The companies are in different industries and are not competitors.