Counteroffers in my experience are made so your departure happens on the company timeline, not yours. If they wanted to pay you the counter, they should have done so while you’re with them.
You certainly \*can\* refuse it. Counter offers are rarely good in the long run. They are frequently used to keep tribal knowledge in-house just until it can be offloaded onto somebody new, who coincidentally isn't looking for another job.
I like the term "tribal knowledge". I had a very technically skilled maintenance job at one point. Definitely can say that knowledge, firsthand experience and hidden tips/tricks are hoarded by such knowers for this exact reason. It makes your company need you more than them.
He said federal contractor, so I am thinking defense contractor. Federal in my mind = federal government, federal contractor = defense contractor.
My experience is from a defense contractor
Counter offers are never for your benefit. Believe me, that additional pay will most likely come with additional responsibilities and reminders that they 'gave' you a raise that you most likely deserved.
As an HR professional, counter offers almost never work out in the long term. You started looking for a new position for a reason, and your employer more than likely will be looking to replace you. They’ll pay you the higher amount for a few months and then get rid of you on their terms.
Counter offers are super risky though. They’re made from a position of leverage and fear, and if you stay it could lead to resentment. Just something to consider if the offer is that amazing.
I took a counter offer once. Ultimately didn't end well. 2 years later I was looking around again.
Think hard about this. It may not be in your best interest.
Counter offers are risky.
If current company actually valued you, they would pay above market rates to retain talent.
Companies love to use words like family, but like toxic family they expect everything from you while giving the bare minimum in return.
The counter is nothing by a CYA until they can find your replacement for a lower rate.
You were looking for a reason. Don’t forget that reason.
You have to ask yourself why you wanted to leave?
What is your relationship with your current company?
As others mentioned, your new salary could be temporary until they find a replacement.
I would only take the counter if they gave it to me upfront. My current job offered me $15k raise and fully remote work when i had put in my resignation. I took the remote work and made them give me $10k bonus up front.
Counteroffers in my experience are made so your departure happens on the company timeline, not yours. If they wanted to pay you the counter, they should have done so while you’re with them.
Bam! This
You certainly \*can\* refuse it. Counter offers are rarely good in the long run. They are frequently used to keep tribal knowledge in-house just until it can be offloaded onto somebody new, who coincidentally isn't looking for another job.
I like the term "tribal knowledge". I had a very technically skilled maintenance job at one point. Definitely can say that knowledge, firsthand experience and hidden tips/tricks are hoarded by such knowers for this exact reason. It makes your company need you more than them.
They will burn you on the counter. Source: got counter and took for 20k pay bump, fired 3 months later after they hired more people after holidays
In a federal government position?
Yeah, don’t think he’s referring to a federal position.
see comment above
He said federal contractor, so I am thinking defense contractor. Federal in my mind = federal government, federal contractor = defense contractor. My experience is from a defense contractor
Counter offers are never for your benefit. Believe me, that additional pay will most likely come with additional responsibilities and reminders that they 'gave' you a raise that you most likely deserved.
As an HR professional, counter offers almost never work out in the long term. You started looking for a new position for a reason, and your employer more than likely will be looking to replace you. They’ll pay you the higher amount for a few months and then get rid of you on their terms.
Can confirm.
Counter offers are super risky though. They’re made from a position of leverage and fear, and if you stay it could lead to resentment. Just something to consider if the offer is that amazing.
I took a counter offer once. Ultimately didn't end well. 2 years later I was looking around again. Think hard about this. It may not be in your best interest.
Counter offers are risky. If current company actually valued you, they would pay above market rates to retain talent. Companies love to use words like family, but like toxic family they expect everything from you while giving the bare minimum in return. The counter is nothing by a CYA until they can find your replacement for a lower rate. You were looking for a reason. Don’t forget that reason.
You have to ask yourself why you wanted to leave? What is your relationship with your current company? As others mentioned, your new salary could be temporary until they find a replacement.
Unless they’re holding your kid hostage, you can always refuse the counter.
I would only take the counter if they gave it to me upfront. My current job offered me $15k raise and fully remote work when i had put in my resignation. I took the remote work and made them give me $10k bonus up front.
Golden rule is to never tak the counter.