Submitted by peptalks93 t3_z8esly in personalfinance
Minnow125 t1_iybfzfm wrote
Reply to comment by virtualchoirboy in Job offer and counter-offer by peptalks93
That was definitely how things used to work for many years, but not anymore. Employees have alot of leverage now in many industries and company’s are struggling to find good talent.
People routinely give notice where i work, get significant counter offers to stay, and remain on as employees for a long time. They are good employees often with good client contacts and customer relations so letting them leave for $5-10K a year would be a major mistake for the company.
If they are below average or average employees, counters are usually not considered.
Penguinis t1_iycjgg1 wrote
>People routinely give notice where i work, get significant counter offers to stay, and remain on as employees for a long time.
If this is true, then there are other issues at play here. Sounds like the company is paying well below market and getting away with it. 1/2 here or there ok, but if it's routine then it is a pattern that should be a sign to all the employees that the company is clearly taking advantage of their talent. Personally not somewhere I'd be interested in working.
tossme68 t1_iydesn0 wrote
When times are good, times are good. Sure right now unemployment is a 3% but right now the fed is actively trying to change that. Good times don't last forever and companies hate paying market value, so flex while you can but what you are seeing now is not the norm.
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