Counter offer
-
Last week collegue said 2 weeks notice. And now has for 15% more salary stayed. Why is company rewards to say you are leaving? Is it a good idea?
-
Last week collegue said 2 weeks notice. And now has for 15% more salary stayed. Why is company rewards to say you are leaving? Is it a good idea?
Why did it take hime threatening to leave to be given his true worth?
"If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." Red Adair. nils illegitimus carborundum me, me, me
-
Last week collegue said 2 weeks notice. And now has for 15% more salary stayed. Why is company rewards to say you are leaving? Is it a good idea?
I've actually had somebody tell me that the only way I'd get a raise/promotion was if I threatened to quit. Rather than do that, I just found a new job. And your colleague may want to be careful; I've heard that some people will pay more to keep a person on board just until they find somebody else. I don't think I'd accept such an offer anyway; rather, I'd consider it a sign of disrespect that they knew my value all along yet consciously withheld it.
-
Last week collegue said 2 weeks notice. And now has for 15% more salary stayed. Why is company rewards to say you are leaving? Is it a good idea?
It depends on how confident you are. I have had stand up rows with my Managing Director, and told him to Elephant off. I have quit my job twice. I am still there and they keep giving me big pay rises.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live
-
Last week collegue said 2 weeks notice. And now has for 15% more salary stayed. Why is company rewards to say you are leaving? Is it a good idea?
You can only do that once. And you should have a job lined up before you do so. They may say: see ya!
If your actions inspire others to dream more, learn more, do more and become more, you are a leader." - John Quincy Adams
You must accept one of two basic premises: Either we are alone in the universe, or we are not alone in the universe. And either way, the implications are staggering” - Wernher von Braun -
You can only do that once. And you should have a job lined up before you do so. They may say: see ya!
If your actions inspire others to dream more, learn more, do more and become more, you are a leader." - John Quincy Adams
You must accept one of two basic premises: Either we are alone in the universe, or we are not alone in the universe. And either way, the implications are staggering” - Wernher von Braun -
It depends on how confident you are. I have had stand up rows with my Managing Director, and told him to Elephant off. I have quit my job twice. I am still there and they keep giving me big pay rises.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^] English League Tables - Live
But then, of course, you know what is in their other set of books ;P
Sort of a cross between Lawrence of Arabia and Dilbert.[^]
-Or-
A Dead ringer for Kate Winslett[^] -
I've actually had somebody tell me that the only way I'd get a raise/promotion was if I threatened to quit. Rather than do that, I just found a new job. And your colleague may want to be careful; I've heard that some people will pay more to keep a person on board just until they find somebody else. I don't think I'd accept such an offer anyway; rather, I'd consider it a sign of disrespect that they knew my value all along yet consciously withheld it.
AspDotNetDev wrote:
I don't think I'd accept such an offer anyway; rather, I'd consider it a sign of disrespect that they knew my value all along yet consciously withheld it.
I agree. Although I've never asked for a raise to stay, I did ask at my first company to renegotiate my salary after realizing I was underpaid. The next year I quit because I felt they were holding me back and I could use my new salary as a starting point for getting an even better paid position. My only regret is wasting four and a half years there before realizing I could have done better elsewhere.
-
Last week collegue said 2 weeks notice. And now has for 15% more salary stayed. Why is company rewards to say you are leaving? Is it a good idea?
It could be a good idea if you were in a position to actually go elsewhere rather than using it as an empty threat just to get more money. I have been offered large increases in salary to stay with a companies that I have handed in my resignation to, though I have never stayed - usually I will look to move on when/if I start to lose interest in a job not as a result of the monthly pay-cheque. Don't get me wrong, I like money just as much as the next man but if I don't enjoy the job I'm doing then I don't see the point of sticking around - regardless of the salary at the end of the month. Most of my 'big' percentage pay rises during my career so far have been gained from moving from one company to another, mainly due to setting my salary expectations over and above what I was on previously (and the new company accepting this). Though I have had a few by asking management for a pay review if I don't believe the annual increase is fair. It is quite common here for companies to offer a basic cost of living increase (2/3% annually, supposedly to match inflation...) if anything at all in the last few years. So at the moment for most job sectors - in the UK at least - any rise is a bonus. One company early in my career repeatedly told me I was worth way more than they were currently paying (at least they were honest), though the experience I was gaining there was way beyond what was available to me elsewhere so I stayed there for a few years (5) even though I knew I could be making ~£10K+ extra by jumping ship. My advice to you would be to take a look around similar jobs to yours in your area and look at what the average salary is for your level of experience - not just how many years you have being doing the job, but at how you would rate your abilities. If there is a significant difference in what you are currently on to what you reckon you should be getting paid and you are happy in your current position then it may well be worth speaking with management in this regard. If you feel that you are ready for the next step in your career you may also want to speak to them regarding promotion if there are any available, this would usually be accompanied with a salary increase. However, if during your research you find yourself tempted by other positions in different companies then maybe it is time to consider moving on to pastures new.
-
Last week collegue said 2 weeks notice. And now has for 15% more salary stayed. Why is company rewards to say you are leaving? Is it a good idea?
Bubesh87 wrote:
Last week collegue said 2 weeks notice. And now has for 15% more salary stayed. Why is company rewards to say you are leaving?
The question seems confusing to me. You quit because you have a better offer or just can't stand where you are. Better might mean several things but for many people money plays a significant part of that decision. So if an employee has a better offer and the current employer considers the employee valuable then why shouldn't the company offer more and the employee accepts if they find the offer competitive? A current employer might be deliberately under paying or just doing it accidentally and a competing offer sets a definitive goal.