Your Employer Counters Your New Job Offer - What Should You Do?
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Published 2022-10-17
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All Comments (21)
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As mentioned in the video, here's some red flags to look out for in your new job offer: https://youtu.be/a2qDJRaEaWY
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Some of the most despicable behavior Iâve seen employers do happened after someone took their counter offer. The money may be better but if youâre leaving because of your boss/environment, itâs about to get way worse way fast.
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Never accept the counter offer. Bosses are petty.
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I've actually done this. I was working for a place for a year and the benefit costs were really holding me back. Got an offer at another place for 10k more than what I was making and better benefits, current employer countered 20k and fixed the problem I was having as they didn't want to lose me. Ended up staying with them 5 more years. Sometimes letting the company know "hey I have this place that could use me too" really gets their attention.
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Rule of thumb: if you got a counter offer, all that means is that they could have given it to you at any time but didnât. It also means that what itâll likely take to get your next raise.
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A quarter century ago I had a buddy who used an offer at a different employer to grease the wheel for a big raise and promotion at his then current employer. He had no intentions of leaving, but having an offer in hand really made a difference in getting that raise.
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First, never tell your current job your new salary at the new job. Tell them you signed a non-disclosure agreement to not discuss anything about your new job. That way, they canât give you a counter offer. They should have offered the pay rise while you were there all along. Itâs a non-negotiable situation. Your boss and your company doesnât have your best interest. They want to exploit the best employee while paying them a low salary. Move on and enjoy your new job.
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I recently went through this. Interviewed with and accepted an offer from a new company. Gave my resignation notice at my current job & was asked "What if we gave you a raise? Would you stay?" (We haven't gotten raises in 3+ years) I said no, because my reason for leaving was not just monetary. I'm in a very dead end position with no growth potential; been here 7.5 years. I said, "Even if you can afford to pay me what I feel I'm worth, what am I gonna do? Sit at this desk and continue to rot?" Basically shut that conversation down. đŹ I really enjoy my current job & coworkers but it's going nowhere & I'm nearing 40. Time to make some moves.
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How to handle a counter-offer? Don't handle it. You'll be the the first in the list after that. Nice new background, Brian.
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I have never received a counter offer to stay. đ€·đ»ââïž One company I worked for hired someone, his employer countered and he accepted. He then found out his raise wasn't going to be happening until 6 months or something. He reached back out to our company and asked for our offer again. He was so back and forth he ended up unemployed unfortunately.
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Never take a counter offer. They didnât appreciate you enough before to pay you properly or provide a decent work environment. So, what makes you think they will now? Theyâre just using you to train somebody else before they give you the boot.
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I never take a counter offer - every single issue is still there and they may keep you until they find your replacement.
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Vendor told me about a job opportunity after hearing me vent about my [then] job; low wage, meaningless tasks, controlling/hoarder (15yrs) boss. I had planned to stick it out for a year before moving on and I was already at my limit @ 8 months. I interviewed with the new company and they hired me on the spot for 2x the salary but with a 2-hour/expensive commute. When (old job) HR asked why I was leaving, I held my tongue about the nutty boss (they knew she was cray), just said industry and salary weren't a good fit. Then, they countered with almost the same amount as the new job. I confided to my co-worker (10yrs) about the counter offer (not the $ amount) and she replied; "If you take their offer, you'll never see another raise. That's what happened to me!" Too dysfunctional and toxic to stay. Took my chances on the new gig.
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Iâll stick with the advice you did from your other video. Never accept a counter offer!
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A counter offer is just a placeholder method used by companies to temporarily retain you until they get a replacement in order to lay you off and then put another resource willing to do your job for cheaper. Never take a counter offer
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I've heard that if you accept, they're already looking for a way to get rid of you...
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We are the ones who need to thank you, Brian! We really have to thank you from the bottom of our hearts!
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You are truly great, Brian! Thank you so much for presenting us your expertise. It is beyond useful !
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I had this happen to me earlier this year when I was fully unemployed. I had a startup wanting to give me a salary with no benefits which was a huge red flag (was considering since I was out of work for over 6 months). I told company B I was interviewing with that I had an offer on the table, so they expedited me through the interview process. Ended up getting an offer from company B, and them being more established gave me a higher salary and full benefits. Company A came back and matched Company B's salary but couldn't do anything about the health insurance. I took company B,'s offer but it was the first time in my career that I experienced how much leverage we have as candidates by simply having another offer or option on the table.
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There is never ever enough (counter) compensation for toxicity! I had one org give me RSI so I left for the excuse of medical reasons anyways but this toxic management club co would never make a counter offer to underlings. I even trained my replacement but continued my mentoring after the mandatory non-comp year to encourage the young person to leave as well with a career video link from this excellent channel!