A great but at the same time horrible position...

A great but at the same time horrible position...

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Royce44

Original Poster:

394 posts

113 months

Monday 5th September 2016
quotequote all
currently working for company A.

interview at company B which could be a good move for me, but offer me the same money i currently earn,

i think about it and accept new role.

tell boss at company A (just me, him and 3 other guys) and he offers me 4k more to stay.

company B offer to match the extra money.

company B, 1 week into my months notice, has now re-offered me a 6k pay rise!


thats is the very very short version of the story as i know people get bored reading paragraphs. Obviously the 6k rise is very tempting but i also feel bad for company B for 1. offering to match the money then 2. letting them down at this short notice
I know i need to look after myself but I am so 50/50 again. frustrating as i was set on the job until this 2nd rise offer come in.

company B have loved to get me in since the 8 months ago so they must want me quite bad, likewise company A have been throwing pay rises at me tempting me to stay.

A is certainly an easier life at the moment. hours are good and theres no politics etc, B will be longer hours i believe and no doubt more politics but possibly a better move for my career.


Any advice on how to proceed and decide?


Some Gump

12,687 posts

186 months

Monday 5th September 2016
quotequote all
The only way company A will give you what you are worth is to leave?

Take company B. Staying put is short term gain for long term stagnation.

Bullett

10,881 posts

184 months

Monday 5th September 2016
quotequote all
Move.

You were prepared to change roles for no extra money.
Also if you were 100% happy you wouldn't have been looking anyway.

andy-xr

13,204 posts

204 months

Monday 5th September 2016
quotequote all
I've never accepted a counter offer, but usually it's never really been about the money anyway. I mean, it helps of course, but I tend to leave jobs out of frustration or it's just time to move on.

I think if it's just a money thing, and an uplift fixes any problems, then fair enough. But if there's other 'stuff' bubbling away, you'll never get back from the 'I'm leaving' mindset and only end up doing half a job at your current place.

Emeye

9,773 posts

223 months

Monday 5th September 2016
quotequote all
If you stay with Company A or go to Company B, what are your prospects to get a pay rise without having to threaten to leave again?

You could always go back to Company B for more money, but it's not always about the money - if you need the money, chase the money - otherwise think about your quality of life.

deckster

9,630 posts

255 months

Monday 5th September 2016
quotequote all
Why were you going to leave company A?

Has that reason changed, just because they are paying you more money?

The real reason you were thinking of leaving will remain long after the extra money has been forgotten.

mr_spock

3,341 posts

215 months

Monday 5th September 2016
quotequote all
I would NEVER accept a counteroffer. Firstly, you're unlikely to progress with Company A since they now know you've been unfaithful. It's cheaper to pay you more than hire someone new, but that doesn't mean they'll like it. You'll always be the guy they had to bribe to stay.

Second, they may well look for a replacement. Your new salary may just be a holding position for them, and you'll be out on your ear with no job.

Third, why did you look in the first place? As others have said, it's not usually about money only.

Take the new job IMHO.

irocfan

40,389 posts

190 months

Monday 5th September 2016
quotequote all
move - if it was only about £££ then you could argue that if your company won't pay you what you're worth without you threatening to leave them why would you stay?

if it's about more than £££ then you know what to do....

Foliage

3,861 posts

122 months

Monday 5th September 2016
quotequote all
Company A wont give you the extra money

Company B have to give you the money.

Don't accept counter offers they never work out.

blindswelledrat

25,257 posts

232 months

Monday 5th September 2016
quotequote all
Amazed two companies can throw so much money at you for a job that doesn't even require basic literacy! wink

Some Gump

12,687 posts

186 months

Monday 5th September 2016
quotequote all
Are you spelling bores s all of the time, or just when on forums?

anonymous-user

54 months

Monday 5th September 2016
quotequote all
Some Gump said:
Are you spelling bores s all of the time, or just when on forums?
I think it's a full time job. Unless someone offers them more money to turn a blinde aye.

Royce44

Original Poster:

394 posts

113 months

Monday 5th September 2016
quotequote all
Woah, thankyou for all the great replies, didn't think I'd get much help.

I guess from a 3rd part yiew, its a very simple decision. I wont bore you with the full details but it is slightly more complex in that company A have told me from day one that when he sells the company I would get a good percentage as I was the second to join the firm. although this isn't in writing, I 100% trust him to fulfil that if I stay. A's offer is 38k a year, a good 6k above the average pay IMO, company B is 36k after 3 months probationary period.

SG- that is my worry!

bullet- very true but it feels different when an offer is put in front of you.

andy- frustration is certainly one of the reasons, he is quite disorganised and as we grow I know it wil be our downfall.

emeye- probably stay on the 38k for quite a while but as above, its very good pay for my role.

toxic- its my issue, I tend to get bored, i leave places hoping for great things but I still end up getting bored. money is never enough lol.

deckster- well A is stating id be coming off of the tools so you could say my entire role would change, current role is tedious.

spock- he has been totally fine with me, he completely understands why I looked as he used to be in my position working for others. I don't think hes going to replace me oddly.

iroc- very vslid point and one I totally agree on.

foliage- not entirely sure I follow you,

as for the literacy, its what I do with my hands not my writing skills that makes me employable ;-). That and the fact I wrote the op on my mobile at the café which is extremely painful to do as the text box jumps around, after correcting a few errors I lost patience and posted awaiting the grammar police. I see their on duty today.

AyBee

10,533 posts

202 months

Monday 5th September 2016
quotequote all
Move smile

ruggedscotty

5,625 posts

209 months

Monday 5th September 2016
quotequote all
This is not good.... You have left the first company - they dont want to lose you so will throw money. if they didnt pay right then this wouldnt have happened. even if they threw 15k at you the reasons you wanted to leave will still be there, you will be seen as untrustworthy and they will hold a grudge that they paid you a lot more to keep you.

Take it on the chin and leave.

Ray Luxury-Yacht

8,910 posts

216 months

Monday 5th September 2016
quotequote all
This is just my two penneth' worth......but I did spend a chunk of my time employed as a recruitment consultant in a specialist manufacturing / sales sector a while ago. And I was also astonished to find that despite not really enjoying it after six months or so.....I was actually pretty good at it!

Anyway, the point I want to make is that this 'counter offer' situation is something that reared it's ugly head on numerous occasions.....and in my experience, along with the advice of my colleagues who had all been in recruitment for many more years than I - the figures and evidence always show that any employee who accepts a counter offer from their current employer, is highly unlikely to still have a job with them around six months down the line.

Employers will often issue a counter-offer when threatened with losing a valued member of staff, but then start to think about the reasons and implications of why that staff member threatened to leave in the first place....then start to become annoyed and resentful (especially now they might be paying £000's more to keep them) and eventually start to look for ways to manage them out of the company.

This might sound a but sensationalist, but trust me for a minute.....I have been party to it on numerous occasions.

Will hopefully give you food for thought anyway.

Some Gump

12,687 posts

186 months

Monday 5th September 2016
quotequote all
Forget this vague promise of money when he sells. Do you have shares? No? Then no money.

This trustworthy, nice guy is paying you 6k under market rate. Is he doing that because he loves you?

Royce44

Original Poster:

394 posts

113 months

Monday 5th September 2016
quotequote all
Thankyou once again. what seems such a cloudy decision for me is crystal clear from your perspective!.

I spoke with my partner and a few trusted family and have decided I will go still. If i throw myself into this new role, the rewards could be much greater.

The overwhelming decision that swayed it is when I sit here and imagine myself agreeing to stay i feel disappointed.

I shall try and remember to update this in a few months with how its progressing :-)

Royce

ruggedscotty

5,625 posts

209 months

Monday 5th September 2016
quotequote all
where is the like button lol

tumble dryer

2,016 posts

127 months

Monday 5th September 2016
quotequote all
Royce44 said:
Thankyou once again. what seems such a cloudy decision for me is crystal clear from your perspective!.

I spoke with my partner and a few trusted family and have decided I will go still. If i throw myself into this new role, the rewards could be much greater.

The overwhelming decision that swayed it is when I sit here and imagine myself agreeing to stay i feel disappointed.

I shall try and remember to update this in a few months with how its progressing :-)

Royce
Correct decision. Good luck.
(Be prepared for a 'final' counter offer, and if you come out of it with a meaningful share offer, come back with, and for, an update.)