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Originally Posted by RainMaker
That is a tough one. I'd take the new offer. I'd still interview on Friday and let them know that you did receive an offer from another place which may force their hand. Especially if it's with the CEO who likely can make a decision on the spot.
As for reneging on the offer, I think that's just life. You can ask the other company to match if you were to get the job. That at least gives that company the option to keep you if they want. No company can expect someone to turn down that kind of pay increase. I guess it could hurt your reputation but it's business, nothing personal.
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Agreed with all this. Just make sure the job is certain before notifying that you are leaving. I think the fact that the existing offer is a contract job makes it that much easier, as it shouldn’t alienate any company or person directly.
Also, as long as you have a job lined up to provide your security, don’t be afraid to make a change. My experiences are similar to what Bryce said above about things working out well with changing jobs. There’s always some anxiety with transitioning to something new, but life starts to go by real fast if you don’t change things up every 5-10 years, in my experiences.