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ExpatSingapore Message Board 27 May 2012, 16:08:24 pm *
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Author Topic: Headhunted+Counter Offer  (Read 2030 times)
konfused
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« on: 16 September 2008, 17:15:41 pm »
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So I've been hunted down and was convienced with 30% more pay.
The new job would be much challenging but its role is new to me.
My current employer is obviously not happy about it, gave a counter offer. Should I accept it? If I google it, most would advise against it, not surprisingly most of the comments came from headhunter themselves. I'm just wondering if anyone has any stories to share, about aceepting counter offers or not?

Thanks
 
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« on: 16 September 2008, 17:15:41 pm »
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go-or-stay
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« Reply #1 on: 16 September 2008, 17:37:34 pm »
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If you are just moving solely for the money then take the counter offer so long as it matches or comes close to your current, other offer. However if you were thinking of moving or actively seeking new employment because you hate your boss, have a boring job or other reason related to the culture or ethics of the co. then move on to pastures new as the old feelings will resurface once you have had a couple of fatter pay checks. Of course your boss wants you to stay. He'll have to pay someone more money, a headhunter to find someone new and have reduced productivity whilst the new person settles in. It will cost him more to re-hire than keep you. There's also always the chance that you old boss may treat you like cr@p after you stay or that your new company boots you out first when things come crashing down in 6 months.

I am pretty much of the view that if your boss can pay you X more then he should have been paying you that in the first place and is a tight ar$e who skims on budget for his staff who have mouths to feed, that is except his own pockets.
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konfused
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« Reply #2 on: 17 September 2008, 15:25:34 pm »
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I'm not a manager but this is a problem every manager faces.
Who would not consider leaving for more money?
I'm not sure if I accepted the counter offer my current manager would treat me any different.
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Hi
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« Reply #3 on: 17 September 2008, 15:45:32 pm »
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I always hold the principle that resignation should never be used as a tool to negotiate for more salary. Eg. how many times can you use this trick without appearing as ethical/ professional?

The moment you tender your resignation to leave for another role, you should have already thot very clearly for yourself what you want. In any case, the moment I tender my resignation, it means I made up my mind and I will not accept counteroffer.

I think it's just not professional and looks cheap esp those who decide to stay after that.

BTW, I don't respect such people as well.
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Wrong way around
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« Reply #4 on: 18 September 2008, 18:58:05 pm »
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It's not the employee you should lack respect for, it's the company that is not paying it's employees what they are worth until they threaten to leave.  Effectively that means they have been underpaying you and taking advantage.  Especially when we're talking 30%. 

I worked for a big MNC (actually in the news today) and it was policy never to offer more money.  Offering mobility was an option if the employee wasn't happy in the role but extra financial benefits was a big no no.
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With Hi on this one
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« Reply #5 on: 19 September 2008, 7:30:27 am »
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NEVER call an employer's bluff on a job offer unless you really want to move.  If your only way to negotiate a better package is to hold a gun to your employer's head regularly, then you do need to move.  One you threaten to leave and stay once you get the salary you want then the work dynamic changes for the worse.

PP you were clearly in the wrong job with that MNC.  Making regular threats was not going ti improve matters.
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Bro
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« Reply #6 on: 19 September 2008, 9:27:46 am »
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Just take the new job. Stuff your old employer! Good luck! Wink
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to konfused
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« Reply #7 on: 19 September 2008, 21:48:30 pm »
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you are not the AIG country manager are you Smiley
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The Golden Rule
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« Reply #8 on: 20 September 2008, 3:44:37 am »
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Your current company pays you not to work for someone else. If someone wants to pay you not to work for your current employer, then adios amigo.
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Old Mike
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« Reply #9 on: 20 September 2008, 9:24:24 am »
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It all depends how long you intend to stay with your present company.
To a MNC you are not a person, you are a number. The PR life forms have a graph on which they plot the pay of all their “resources”. If, for some reason, your dot on the graph is higher than all the rest, it causes them pain, because their bosses will ask for an explanation. This means they have to think, which is unpleasant for them as they hardly ever do it and are bad at it. So, over time, they will ensure that your sinks back to the norm.
You cannot beat the system. Get out.

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Lifeforms ?
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« Reply #10 on: 25 September 2008, 15:39:30 pm »
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It all depends how long you intend to stay with your present company.
To a MNC you are not a person, you are a number. The PR life forms have a graph on which they plot the pay of all their “resources”. If, for some reason, your dot on the graph is higher than all the rest, it causes them pain, because their bosses will ask for an explanation. This means they have to think, which is unpleasant for them as they hardly ever do it and are bad at it. So, over time, they will ensure that your sinks back to the norm.
You cannot beat the system. Get out.



Lifeforms ? I didn't know amoeba could be considered a life form...ah yes its true...... single cell intelligence......
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