So? That stat is quite meaningless without a control group. I.e. how long does a typical emplyoee stay with a company? Probably not much more than 15 months on average...
Never accept a counter-offer
61–70 of 369 posts
Re: Never accept a counter-offer
#62Counter offers are a little silly. People in our industry are already making far above the median, which makes it extremely unlikely that money is the motivation behind resignation. More often it's a bad manager—there's a saying that people don't quit jobs; they quit bosses—uninteresting work, change in direction, or some other environmental factor. If you're going to make someone a counter-offer you should also be s…
Well, half of them are.
Re: Never accept a counter-offer
#63Recruiter here, almost 20 years. Do a search for articles warning about counteroffers and you'll find almost all are written by agency recruiters. Why is that? It's because agency recruiters lose probably millions in fees every year when candidates accept a counter. I have personally lost 30K on a single fee due to counteroffer on more than one occasion. It hurts quite a bit - that's a car - which is why if you accep…
Re: Never accept a counter-offer
#64Earlier quoted context omitted.
You got really lucky. Normally when a company extends a counter offer what they're doing is buying time to ease you out on their terms.
I always hear this, but where do you people work that this is the case? As some who has been on the other side of the table this was never how it worked. Losing a team member sucks. A counter offer is an attempt to avoid that. The idea that your boss would secretly interview your replacement before firing you just seems silly to me. At the most practical level doing something so cold hearted would send every other me…
But being paid below market rate also sucks. By making a counter-offer and having it accepted, you're now setting a precedent. All of that person's peers will now see that the way to get a raise at this company is to constantly be interviewing and threatening to leave. Is that the environment you're trying to foster?
Re: Never accept a counter-offer
#65Earlier quoted context omitted.
You got really lucky. Normally when a company extends a counter offer what they're doing is buying time to ease you out on their terms.
I always hear this, but where do you people work that this is the case? As some who has been on the other side of the table this was never how it worked. Losing a team member sucks. A counter offer is an attempt to avoid that. The idea that your boss would secretly interview your replacement before firing you just seems silly to me. At the most practical level doing something so cold hearted would send every other me…
Re: Never accept a counter-offer
#66Clearly, there's a lot of dramatic license built into the word "never" in the title (a less baity title would be "Be wary of counter-offers"). Clearly, there are employers that will make counters in good faith hoping to retain you for the long haul. But business is business, and many employers, even very good ones, aren't going to make irrational decisions just to be nice.
Re: Never accept a counter-offer
#67"Let’s take an example and say that some Problem A has triggered a need of change. As you are a good employee you have tried already to solve the problem (e.g. you asked for more money or you tried to change the process), you failed. Now, all of a sudden Problem A gets solved in just some 10 minutes. Why wasn’t it solved before? How long will it take until this kind of a Problem B will appear? When Problem B comes, i…
Its only a problem if you assume a supportive employer, one that is looking out for your productivity and success. When you find out your company is only in it for the money, it can be a shock. I agree its wrong to moralize about it. This is business. You sell your skills for cash. You should be prepared to get the best deal you can. Just asking meekly is a losing gambit. It will take more than that to put wheels in…
You know what really would be a shocker to me? A company that isn't in it for the money or a company that isn't trying hard to have employees that are highly productive.
Re: Never accept a counter-offer
#68This couldn't have come at a better time, as I just navigated this last week. I kind of disagree with most of what the author is saying. Here's why. The author posits that you've begun looking for a new job for a reason. There are things that you dislike about your job. That's logical, and it's the number one reason that I went on a search of my own. The problem is that there's always some level of information asymme…
Yea, you were so valued that they DIDN'T offer it to you until you threatened to leave. That doesn't sound like an employer that values you, it sounds like an employer who got away with a great bargain while it lasted.
Re: Never accept a counter-offer
#69Re: Never accept a counter-offer
#70If you want to change what you do (coding to management, UI to AI, etc.) and the management offers you good options to consider, this is likely to be a genuine desire to keep you working for a company in whatever capacity. In this case accepting it should not put you on a path to the door.