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Never accept a counter-offer

vtorosyan.github.io

61–70 of 369 posts

Re: Never accept a counter-offer

#61
> I have seen surveys showing that majority of the employees who accepted a counter-offer are leaving the company after an average of 15 months.

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...

Re: Never accept a counter-offer

#62

Counter 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…

> People in our industry are already making far above the median

Well, half of them are.

Re: Never accept a counter-offer

#63
post #18

Recruiter 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…

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Re: Never accept a counter-offer

#64
post #33
post #20

Earlier 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…

> Losing a team member sucks.

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

#65
post #33
post #20

Earlier 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…

There may be some disparity in the way this happens due to the size of the company. Most of my jobs have been with very large corporations, and the way it usually works is they don't put you on new high visibility projects. When the next round of layoffs come you're the most expendable.

Re: Never accept a counter-offer

#66
I'm not a recruiter (anymore?) and I will say that I think the advice in this post is pretty important. I've had two bad experiences with being tainted after accepting a counter, and the logic behind why that happens is extremely straightforward.

Clearly, 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
post #31

"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…

> 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.

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

#68

This 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…

> And when I notified my current employer that I was leaving, they reminded me of how valued I was with the package that they put together.

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

#70
If a counter-offer (or the reason you interviewed with other companies) is about money, accepting it is IMO a bad idea -- the company wants to minimize the pain of your leaving now, not the pain of your leaving in general.

If 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.

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