My friend and I worked together. He left and went to another company. Then called me to recruit me over there. Now my employer is counteroffering for a $12,000. increase in annual pay. I am unhappy at my current job. Should I take the counteroffer for $12000 more than the new company is offering or should I leave to go to the new company? Help!
2007-05-18 09:07:24 · 13 answers · asked by Amazing A 2 in Business & Finance ➔ Personal Finance
It can't ever be just easy, can it?
I like the advice of letting the new company know of the counteroffer. Be careful how you do it though, you don't want them to think you're going to run back and forth on this. They may not offer the full amount, but they may offer some more.
Bottom line is, if you're unhappy, that's not going to change, so I'd probably take the new job. Also, if they give you $12,000 per year, you probably won't get a raise for a good long time and you may catch up with your new job anyway.
Good luck, tough decision!
2007-05-18 11:16:09 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You let the company recruiting you know this company is offering you $12,000 more to stay. If they match it, Go.
If they do not Match it, Stay at your current company.
*Ask for a change in your Job Title even if the work is same, ie. add 'Senior' to the beginning*
After 6 months to a year, look for another job again, Your resume now shows you were Promoted and your Salary has increased, The new firm will Now agree to match your Salary and your current firm may offer an increase again.
Almost all raises are a percentage of your salary, making your salary as high as possible as early as possible helps you exponentially.
And think, if you invested the extra money now...could you Retire a year earlier later?
Current Happiness is almost definately outweighed by Future Happiness if you take the extra money now and look again later.
2007-05-18 10:10:24 · answer #2 · answered by enders_knight 2 · 1⤊ 0⤋
Money isn't everything.
Does the new company offer a chance to increase your pay if you prove yourself? If they do, jump ship.
Your current company is just now offering you $12,000 more in salary. Why didn't they do it earlier?
Sounds like your being taken for granted. If your unhappy at your current employer, leave and don't look back.
2007-05-18 09:15:01 · answer #3 · answered by Joker 1 6 · 0⤊ 0⤋
Let the new company know about the $12,000 increase and tell them you're weighing your options. They might match the raise...if they don't, and you still decide to go there, they'll know how much the job means to you and be happy you made the monetary sacrifice to join their team (instant brownie points with new boss).
2007-05-18 09:18:21 · answer #4 · answered by lizzgeorge 4 · 1⤊ 0⤋
Dont work where your not happy... the extra money will lose it's appeal soon enough and then your still left with a lousey job and no more chance to switch over to your friend's company.
2007-05-18 09:15:43 · answer #5 · answered by Patric 1 · 0⤊ 0⤋
If you are unhappy at "$X.XX", would you still be unhappy at "$X.XX+$12,000" ???
If money is the source of your unhappiness, then the $12k may help allieviate the dissatisfaction. If money is not the source, then it you will be still unhappy.......just with a little more money in your pocket.
2007-05-18 09:12:21 · answer #6 · answered by Wayne Z 7 · 0⤊ 0⤋
Try telling the new people about the counter offer. See if they pony up. Be careful, though. You don't want to lose the offer if you are considering it.
2007-05-18 09:17:49 · answer #7 · answered by Anonymous · 1⤊ 0⤋
If you are currently unhappy, I would take the new job and the new paycheck :)
Go for it. New challenges
2007-05-18 09:11:57 · answer #8 · answered by T19 4 · 0⤊ 0⤋
I would leave. This same thing happened to a friend of mine and he was only more miserable, and resigned a few months later anyway.
2007-05-18 09:10:24 · answer #9 · answered by Pete N 2 · 0⤊ 0⤋
New job..no amount of money is worth unhappiness
2007-05-18 09:13:11 · answer #10 · answered by Anonymous · 0⤊ 0⤋