How do you guys handle counter offers?
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@magicmarker said in How do you guys handle counter offers?:
@scottalanmiller Scott, great points. I really appreciate your perspective. So it would be a good idea to not even entertain the counter offer and just politely inform them I'm moving on?
Correct. Entertaining the counter, but then turning it down makes things even worse. You get their hopes up and if you don't take it, then they are hurt as well.
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I had a counter offer made once and it sounded attractive. In this instance, I called their bluff and I asked them to write it down (as an official offer) and they declined. End result, I left and started my career in IT.
Normally, I wouldn't do that. If I've decided to look for work elsewhere, it's because I don't want to be at the current place.
For me it comes down to this: If they didn't feel I was worth the extra money before I handed in my resignation, why am I suddenly worth it when I'm leaving?
Don't play that game. In the end, no one wins.
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I was given a 50% raise in a counter offer once. I flat told them to fuck off.
"Fuck you, >company president name<. If I was worth this rate to you, you would have given it to me a long time ago."
I then walked out of the fucking building.
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@nadnerB said in How do you guys handle counter offers?:
I had a counter offer made once and it sounded attractive. In this instance, I called their bluff and I asked them to write it down (as an official offer) and they declined. End result, I left and started my career in IT.
Good point, counter offers often only exist to make you stall and look less attractive to the other company. They only need to keep you long enough for the other deal to fall through.
They can always lower your rate down again later. They are under no obligation to keep the rate.
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If you're leaving, you're leaving and that's that. I assume you've already accepted the new job?
However, if you want to still have a good relationship with your old employer, you could consider delaying your departure a couple of weeks for a reasonable one-time payment. I think your new employer would probably accept that. It could also be that you come in one or two days per week or something, to make it a smooth transition. It depends a little on what kind of job you had and what the new job is.
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@Pete-S said in How do you guys handle counter offers?:
It could also be that you come in one or two days per week or something, to make it a smooth transition. It depends a little on what kind of job you had and what the new job is.
That's even worse than accepting the counter IMO. I'd be pissed if I was new employer and wouldn't trust you if I was old employer. There was a guy who did that on ML and he continually got abused by old employer for months because he refused to leave them hanging... The problem is that they always asked him for more and he kept complying because he couldn't stand up and say enough is enough.
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19% is pretty minimal for a new job in IT. If we are talkihg about $100k vs $119k that is very minimal for leaving a job. Usually 30% or more is what people leave to get. It's not uncommon to get 50% when switching jobs in IT. Especially if you are at like $60k now then 10% would be less than $10k increase.
Did you see if you could get more than 19% for a new job?
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As far as countering, I agree with pretty much everyone else saying don't do it.
I would tell the current employer that not only is is a pay increase, but it's a career advancement as well. Which isn't possibly at your current position.
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@IRJ said in How do you guys handle counter offers?:
19% is pretty minimal for a new job in IT. If we are talkihg about $100k vs $119k that is very minimal for leaving a job. Usually 30% or more is what people leave to get. It's not uncommon to get 50% when switching jobs in IT. Especially if you are at like $60k now then 10% would be less than $10k increase.
Did you see if you could get more than 19% for a new job?
It's a 19% NET raise when factoring in benefits, commute, etc. The GROSS raise is 27%. Plus a year end bonus depending on company and personal performance.
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@IRJ said in How do you guys handle counter offers?:
@Pete-S said in How do you guys handle counter offers?:
It could also be that you come in one or two days per week or something, to make it a smooth transition. It depends a little on what kind of job you had and what the new job is.
That's even worse than accepting the counter IMO. I'd be pissed if I was new employer and wouldn't trust you if I was old employer. There was a guy who did that on ML and he continually got abused by old employer for months because he refused to leave them hanging... The problem is that they always asked him for more and he kept complying because he couldn't stand up and say enough is enough.
Yeah, I agree. There are times that this can work out, but it is super rare. We had someone do that with NTG but we are a small, private company and everyone is like family. The person left because of family needs, not a career move and was super sad to be leaving. That's not the normal. Normally you leave for more money, a better position, or because you don't like the old job so there is a negative situation with the old employer, and often you are dealing with managers and such rather than the owners.
It can work, but very rarely. Normally it is terrible for everyone.
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@IRJ said in How do you guys handle counter offers?:
I would tell the current employer that not only is is a pay increase, but it's a career advancement as well. Which isn't possibly at your current position.
I'd not word it this way. Don't leave a door open to be perceived as a hint for a way to retain you. If they offer a career advancement too, you don't want it. But if you hint at it and they offer and you turn them down still, then it seems insincere. Make a clean break, it's not for you to defend wanting a new job. You want a job that appreciates you and doesn't make you beg or cajole or threaten to leave in order to get paid or promoted.
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@scottalanmiller said in How do you guys handle counter offers?:
@IRJ said in How do you guys handle counter offers?:
I would tell the current employer that not only is is a pay increase, but it's a career advancement as well. Which isn't possibly at your current position.
I'd not word it this way. Don't leave a door open to be perceived as a hint for a way to retain you. If they offer a career advancement too, you don't want it. But if you hint at it and they offer and you turn them down still, then it seems insincere. Make a clean break, it's not for you to defend wanting a new job. You want a job that appreciates you and doesn't make you beg or cajole or threaten to leave in order to get paid or promoted.
Why not? I've seen people come back to companies a few years down the road for big increases and be appreciated for it.
It's a good thing to say IMO because it shows you are career focused and the decision is not personal. You never have to accept any counter and you can give a valid reason why the new position is better than any promotion they will offer
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@scottalanmiller said in How do you guys handle counter offers?:
I never, ever consider them
Exact, you are on barrowed time If you were to accept a counter. The business doesn't want that cost, they want time.
You've wanted to leave for whatever reason and said as much, so no counter would be acceptable.
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@IRJ said in How do you guys handle counter offers?:
@scottalanmiller said in How do you guys handle counter offers?:
@IRJ said in How do you guys handle counter offers?:
I would tell the current employer that not only is is a pay increase, but it's a career advancement as well. Which isn't possibly at your current position.
I'd not word it this way. Don't leave a door open to be perceived as a hint for a way to retain you. If they offer a career advancement too, you don't want it. But if you hint at it and they offer and you turn them down still, then it seems insincere. Make a clean break, it's not for you to defend wanting a new job. You want a job that appreciates you and doesn't make you beg or cajole or threaten to leave in order to get paid or promoted.
Why not? I've seen people come back to companies a few years down the road for big increases and be appreciated for it.
It's a good thing to say IMO because it shows you are career focused and the decision is not personal. You never have to accept any counter and you can give a valid reason why the new position is better than any promotion they will offer
The "why not" is because it sounds like you are hinting at what you want in a counter.
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@DustinB3403 said in How do you guys handle counter offers?:
Exact, you are on barrowed time If you were to accept a counter. The business doesn't want that cost, they want time.
Time to replace you with someone at or below your original cost.
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@scottalanmiller said in How do you guys handle counter offers?:
@DustinB3403 said in How do you guys handle counter offers?:
Exact, you are on barrowed time If you were to accept a counter. The business doesn't want that cost, they want time.
Time to replace you with someone at or below your original cost.
Right, why accept maybe 1-2 months of increased pay to be replaced when your replacement is trained
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As someone who is intimately familiar with both side of that issue, I have just a few thoughts.
1st, you went to the interview because you were unhappy where you are.
2nd, if you went straight to a 50% pay increase to stay; we now know there are problems that are are not pay related at this job. As does the employer, and he has decided not to correct them, he is only trying to get you to stay long enough to fire you on his terms.
3rd, As Scott said, you may burn the bridge to the man who has faith in you today.
4th, if you leave on cordial terms, there is no reason why you couldn't come back in a few years for that 50% pay increase, but as I said earlier, the money isn't the issue, there is another problem, and I'm sure the current boss has no desire to fix it.
As an employer, I NEVER EVER make a counter offer or ask what it would take to get someone to stay. If they are leaving, and we agree to terms to make them stay, it is all but guaranteed you are only keeping them for a short while. They will leave anyway once they realize your new arrangement can't resolve the real problem.
Thank them for the offer and tell them if they have a place in the future that will help you grow in your skills and value, you would be willing to talk then. Be polite, and gracious. Burned bridges are condemned in your world!
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@JasGot Thank you for your insight.
My current employer left me as the sole IT department for 250 employees for over 10 years. I was doing help desk and project management. This was only ONE of the many factors I was looking for change. I believe the company never put a contingency plan in place if I were to leave, or get hit by a bus for that matter. When I put in my notice, they realized they had no job description for my title. I was asked to write a job description for them to use for recruitment. I was pretty shocked by that.
The company is simply trying to solve a problem now by countering and getting me to stay. They put themselves in a bind. HR mentioned that employees will want to leave if take another job. That is somewhat flattering, but what in the world does that say about the company then?
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@magicmarker said in How do you guys handle counter offers?:
That is somewhat flattering, but what in the world does that say about the company then?
Yeah, that should make you ready to run away, and run away fast.
How many other people are in a similar position and the company could collapse at any moment and they have just been lucky thus far?
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@magicmarker said in How do you guys handle counter offers?:
It's a 19% NET raise when factoring in benefits, commute, etc. The GROSS raise is 27%. Plus a year end bonus depending on company and personal performance.
Reminder of all the things to compare: https://thenicholson.com/thinking-taking-offer-need-know/
