Your Employer Counters Your New Job Offer - What Should You Do?

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  • Опубліковано 5 вер 2024

КОМЕНТАРІ • 92

  • @ALifeAfterLayoff
    @ALifeAfterLayoff  Рік тому +8

    As mentioned in the video, here's some red flags to look out for in your new job offer: ua-cam.com/video/a2qDJRaEaWY/v-deo.html

  • @paige2567
    @paige2567 Рік тому +152

    Some of the most despicable behavior I’ve seen employers do happened after someone took their counter offer. The money may be better but if you’re leaving because of your boss/environment, it’s about to get way worse way fast.

    • @whiteviper1979
      @whiteviper1979 Рік тому +2

      🔥🔥🔥👍👊👍🔥🔥🔥

    • @Eliastion
      @Eliastion Рік тому +12

      Even without the risk of retaliation, it makes no sense to take counter offer when you're leaving because of the job itself.
      Counter offer can fix exactly one problem with the old job - the pay lagging behind the market. None of the other reasons are going anywhere, no matter how much more you're suddenly about to get.

  • @DLewis-kt9ok
    @DLewis-kt9ok Рік тому +44

    Rule of thumb: if you got a counter offer, all that means is that they could have given it to you at any time but didn’t. It also means that what it’ll likely take to get your next raise.

  • @michelhanson1500
    @michelhanson1500 Рік тому +97

    Never accept the counter offer. Bosses are petty.

    • @genx7006
      @genx7006 Рік тому +22

      You said it. Accepting a counter offer might get you some money up front, but boy are you going to regret it. First of all, they are going to make you sign some document committing you to the workplace for another 1-2 years. Then they might write you a check for $5k or $10k. You might be all happy until you realize this is all you will be getting. Your next bonus or bonuses at the company will be reduced accordingly. So you never really got a salary increase. But you will think you did. On top of this, the nightmare hasn't even truly begun. Now the boss (pissed at you for trying to leave) wants to exact revenge. They will load you up with so much work, you will be begging for mercy. They will feel justified for doing so, because hey, you got an extra check, right? You are going to be earning every penny going forward. On top of that, Bossy is going to make your life a living hell. Your future reviews (which determine your future salary increases) will all have sad faces on them. "Better luck next time, champ." The interactions you have with your boss and management will be strained and uncomfortable, to say the least. You will encounter the cold shoulder a lot, especially during meetings. You will secretly be referred to as "that traitorous bastard". These will be the longest, most toxic 1-2 years of your life. And all because you wanted that extra pay bump, which wasn't that great in the end.

    • @Eliastion
      @Eliastion Рік тому +5

      This really depends.
      Especially in corporate environment, your boss often has very limited control over your salary - it's not rare that your boss might be willing to give you a competitive salary matching your actual market value, but their role in that regard is limited to putting a "recommended for salary increase" stamp next to your name and waiting what the corpo-beuaraucracy spits back out in given financial year.
      Then when you pull out an offer to them (depending on how you do it, I guess, but that should go without saying), there may be no need for them to feel offended in any way. Instead, they finally get something solid to cut the red tape with. "I have a valuable employee that has just been offered 30% more by competition, can we match it in spite of our standard compensation policy?" is much easier to sell in corporate environment than "I have a valuable employee that I'd like to give a 30% raise since I just have a feeling he's worth that much".

    • @ThePeterDislikeShow
      @ThePeterDislikeShow 5 місяців тому

      I say go farther. Take the counter offer and know the job's done. Milk the money and benefits for the time being before going to your dream job with some money in your pocket.

  • @Websitedr
    @Websitedr Рік тому +76

    I've actually done this. I was working for a place for a year and the benefit costs were really holding me back. Got an offer at another place for 10k more than what I was making and better benefits, current employer countered 20k and fixed the problem I was having as they didn't want to lose me. Ended up staying with them 5 more years. Sometimes letting the company know "hey I have this place that could use me too" really gets their attention.

    • @evanhowlett9873
      @evanhowlett9873 Рік тому +1

      Really, you're just worth what someone is willing to pay for you.
      If only your employer is offering you a job, well then you're only worth that. However, if company B is offing you xyz comp package, then it's a little more difficult to directly quantify your worth. Maybe you are worth more, maybe you're worth less. Who knows? But both your employer and company B will probably try to outbid the other until it no longer becomes reasonable for them.

  • @stevenvallarsa1765
    @stevenvallarsa1765 Рік тому +28

    A quarter century ago I had a buddy who used an offer at a different employer to grease the wheel for a big raise and promotion at his then current employer. He had no intentions of leaving, but having an offer in hand really made a difference in getting that raise.

  • @joecortizo
    @joecortizo Рік тому +18

    How to handle a counter-offer?
    Don't handle it.
    You'll be the the first in the list after that.
    Nice new background, Brian.

    • @legendofthefox86
      @legendofthefox86 Рік тому +9

      Agreed, you're just giving them time to get a contingency in place for your position

  • @cranny5237
    @cranny5237 Рік тому +25

    First, never tell your current job your new salary at the new job. Tell them you signed a non-disclosure agreement to not discuss anything about your new job.
    That way, they can’t give you a counter offer. They should have offered the pay rise while you were there all along.
    It’s a non-negotiable situation. Your boss and your company doesn’t have your best interest. They want to exploit the best employee while paying them a low salary.
    Move on and enjoy your new job.

    • @henrynguyen4315
      @henrynguyen4315 3 місяці тому

      What i would actually do is exaggerate how much the new job is offering so that they cant counteroffer or in the unlikelihood that they do they offer a generous pay rise to counter your fake offer LOO

  • @coolbreezelain
    @coolbreezelain Рік тому +13

    I recently went through this. Interviewed with and accepted an offer from a new company. Gave my resignation notice at my current job & was asked "What if we gave you a raise? Would you stay?" (We haven't gotten raises in 3+ years) I said no, because my reason for leaving was not just monetary. I'm in a very dead end position with no growth potential; been here 7.5 years. I said, "Even if you can afford to pay me what I feel I'm worth, what am I gonna do? Sit at this desk and continue to rot?" Basically shut that conversation down. 😬 I really enjoy my current job & coworkers but it's going nowhere & I'm nearing 40. Time to make some moves.

  • @Noone9227
    @Noone9227 Рік тому +8

    Never take a counter offer. They didn’t appreciate you enough before to pay you properly or provide a decent work environment. So, what makes you think they will now? They’re just using you to train somebody else before they give you the boot.

  • @BobSince1981
    @BobSince1981 Рік тому +24

    I have never received a counter offer to stay. 🤷🏻‍♂️
    One company I worked for hired someone, his employer countered and he accepted. He then found out his raise wasn't going to be happening until 6 months or something. He reached back out to our company and asked for our offer again. He was so back and forth he ended up unemployed unfortunately.

  • @jameskeane8653
    @jameskeane8653 Рік тому +6

    I never take a counter offer - every single issue is still there and they may keep you until they find your replacement.

  • @MrBrewman95
    @MrBrewman95 Рік тому +6

    I’ll stick with the advice you did from your other video. Never accept a counter offer!

  • @designlady1732
    @designlady1732 Рік тому +6

    Vendor told me about a job opportunity after hearing me vent about my [then] job; low wage, meaningless tasks, controlling/hoarder (15yrs) boss. I had planned to stick it out for a year before moving on and I was already at my limit @ 8 months. I interviewed with the new company and they hired me on the spot for 2x the salary but with a 2-hour/expensive commute. When (old job) HR asked why I was leaving, I held my tongue about the nutty boss (they knew she was cray), just said industry and salary weren't a good fit. Then, they countered with almost the same amount as the new job. I confided to my co-worker (10yrs) about the counter offer (not the $ amount) and she replied; "If you take their offer, you'll never see another raise. That's what happened to me!" Too dysfunctional and toxic to stay. Took my chances on the new gig.

  • @ChrisPTY507
    @ChrisPTY507 Рік тому +26

    A counter offer is just a placeholder method used by companies to temporarily retain you until they get a replacement in order to lay you off and then put another resource willing to do your job for cheaper.
    Never take a counter offer

  • @thebestcentaur
    @thebestcentaur Рік тому +19

    I've heard that if you accept, they're already looking for a way to get rid of you...

  • @matthewsheeran
    @matthewsheeran 4 місяці тому +1

    There is never ever enough (counter) compensation for toxicity! I had one org give me RSI so I left for the excuse of medical reasons anyways but this toxic management club co would never make a counter offer to underlings. I even trained my replacement but continued my mentoring after the mandatory non-comp year to encourage the young person to leave as well with a career video link from this excellent channel!

  • @Paulie8K
    @Paulie8K Рік тому +23

    I had this happen to me earlier this year when I was fully unemployed. I had a startup wanting to give me a salary with no benefits which was a huge red flag (was considering since I was out of work for over 6 months). I told company B I was interviewing with that I had an offer on the table, so they expedited me through the interview process. Ended up getting an offer from company B, and them being more established gave me a higher salary and full benefits. Company A came back and matched Company B's salary but couldn't do anything about the health insurance. I took company B,'s offer but it was the first time in my career that I experienced how much leverage we have as candidates by simply having another offer or option on the table.

  • @ZGoddessLola
    @ZGoddessLola Рік тому +43

    Never accept a counter offer. Period

    • @earthwormscrawl
      @earthwormscrawl Рік тому +12

      I've seen people accept counter offers. They never end up staying very long or doing well.

    • @DrDoomBloom
      @DrDoomBloom Рік тому +6

      Big facts

    • @ZGoddessLola
      @ZGoddessLola Рік тому +2

      @@earthwormscrawl yep. It is always a humiliating trap.

    • @ZGoddessLola
      @ZGoddessLola Рік тому

      @@DrDoomBloom yep. Once the train leaves that station, it should never come back to it

  • @briceyokem9236
    @briceyokem9236 Рік тому +4

    Some employers will give you a better offer if they think you are going to quit just to keep you until the find a replacement, then cut you loose.
    If you are working for a consulting company, standard procedure is to threaten to quit to get a better deal. This only works if the client likes you.

  • @lisa-se6dp
    @lisa-se6dp 10 місяців тому +3

    I really like my current role and I am extremely good at it, but, I am being paid a lot less than average for someone in my position. I have another offer and am due to have that chat tomorrow. Dreading it, I really like my boss and the company but I am struggling financially and this new salary will help!

    • @kitchan9594
      @kitchan9594 7 місяців тому +1

      Did you get the match?

    • @lisa-se6dp
      @lisa-se6dp 7 місяців тому +1

      Hahaha no he insulted me with a stupid offer so I left

  • @picudito
    @picudito Рік тому +4

    This is exactly what happened to me, i wasnt looking for a new place to work per se but one of our manager left for a competition company and he knew the skill i would bring if i left with him but i didnt wanna leave, owner of said competition place called me directly to offer me a position at his company, offer me a salary i didnt accept but went to my current company about another offer i had, they matched the offer from the competition without me getting more responsibilities, i am happy about this turn of events

  • @yoshy2628
    @yoshy2628 6 місяців тому +1

    I learned in my life that is time to move if you're at that point.
    If you already found another workplace and they put the contract in front of you then is time to move.
    Your actual workplace makes you find next workplace, nothing is going to be better if you stay.

  • @michaelmartinez706
    @michaelmartinez706 Рік тому +3

    Currently interviewing for another agency that is trying to recruit me. It’s for a level up and $15k more. Only downside is that it’s 3 days in person. Really weighing my options here! Glad I clicked on this video.

  • @ThePeterDislikeShow
    @ThePeterDislikeShow 5 місяців тому +1

    You take the counter and milk the money (knowing it's a short term situation) before starting the new job. Nothing wrong with starting your dream job with some cash in your pocket.

  • @harryh5620
    @harryh5620 Рік тому +4

    I have rarely seen this work out well. Old company suddenly sees you worth more and only THEN do they pay you? And they will cut you loose the very moment it's in their interest to do so. Feh. Take the new gig!

  • @MelRay373
    @MelRay373 Рік тому +2

    As a fellow recruiter I should say you have some good points. However, I do believe that when you are willing to talk to other employers; in your head you’re already gone and willing to leave your current one.
    I agree that it’s always good to talk to other recruiters en enployers from time to time to keep you fresh and know your wortv, but it does usy result in leaving your job sooner or later…

  • @TheKevMaster
    @TheKevMaster Рік тому +4

    Been hearing people getting their job offers recinded a lot lately

  • @kirm8137
    @kirm8137 10 місяців тому

    I'm in a job that I don't mind, but I love your videos. So much wisdom and insight. I continue to apply for jobs even if I have little chance of finding anything better than what I'm in. It's good practice for any "unpleasant surprises" or aggressive stupidity that my employer decides to apply. Your advice gets me ready to maximize my chances in finding better work.

  • @danabut5053
    @danabut5053 Рік тому

    We are the ones who need to thank you, Brian! We really have to thank you from the bottom of our hearts!

  • @surfingmoose
    @surfingmoose Рік тому +5

    Had a candidate after our offer come back with his current employers offer. We said goodbye. The way you do business speaks volumes about you as a person.

    • @ceg496
      @ceg496 Рік тому +2

      Extremely important comment. I do believe, counter offer is a form of manipulation to keep you but in reality, they maybe prepare do remplace you and give some more time. Also, if you decide to leave because of culture, bad boss, bad organization, even the counter offer, it still gonna be a bad culture and bad boss...

  • @ttbittar
    @ttbittar Рік тому +3

    love your videos, I would love to hear your take on coming back to a company that one worked for before in the past. thanks

  • @jreese46
    @jreese46 Рік тому +3

    Never

  • @justinhuang8034
    @justinhuang8034 Рік тому +2

    😂 so the counter offer for me was maybe I can get promoted down the road with increased responsibility, they mentioned it would take 6 more months for the process of promotion and there was no guarantee. I ended up just leaving which was the right decision. A few weeks later to replace me they hired 3 people all with a job level higher than mine. It’s how the game works always look out for yourself.

    • @enrique6335
      @enrique6335 Рік тому

      As far as counteroffers go that's pretty poor. "Maayyyyybe we can do something in the future."

  • @curiositykilledthecat5118
    @curiositykilledthecat5118 Рік тому +1

    I am right in the middle of this currently. Horrendously underpaid with current employer, got a new offer and went back to them with a dollar figure seeing if they could match or beat.

    • @projectverna1937
      @projectverna1937 Рік тому

      @ghost mall Agreed. I have just been offered triple my underpaid salary

  • @longhairedjuice
    @longhairedjuice Рік тому +3

    I've used contacts from recruiters and even set up interviews/screenings with them to leverage for a promotion with my current employer. I knew that the promotion was coming and was something I really wanted for my resume, but it was in limbo for a few months that I was growing frustrated with it. A little before that, my direct manager used similar methods to re-align our employer's goals to be more inline with his as well as to expedite my promotion, as my new position was greatly going to benefit him in the workplace. Both of us don't view our current place poorly by any means, but my manager was growing weary with how certain things were being handled and I was growing impatient. Both of us managed to get what we wanted and the hope now is that the issues we had would be alleviated by a good amount while still benefiting us in both the workplace and in pay.
    Although neither of us ended up receiving a "new offer" from the potential new employers, we both were able to greatly leverage for improvements to our current situation. Sometimes, just seeing what is out there and letting our bosses know that we're "free agents" to other employers can be the catalyst to improve our current situation. Of course, it won't work for every employer and I wouldn't have confidence in doing the same thing with many other companies. However, since I felt that my employer greatly respected what I bring to the org, I knew I could use the tactics describe. The org operates pretty lean, so losing either of us would be a major set back to them as our skill sets are pretty hard to come by. Sadly, there are a ton of companies out there who view their employees as expendable assets and are willing to cut them off in a blink of an eye. It really does depend on the situation as well as the employer on how we should approach these things.
    Funny enough, we both felt some red flags go up while interviewing for our respective positions that made us decline moving forward with the new companies. Heck, the position I was looking for ended up being a downgrade in pay and when I inquired with them about the company, some of the things I was hearing did not instill confidence that I would enjoy working there over my current place.
    Anyways, great video Bryan! Love the information and tips you put out there!

  • @guillermogarza1133
    @guillermogarza1133 Рік тому

    Hi! many thanks for all your tips! I got the job offer I wanted with a competitive salary and great employee benefits. I can´t take you enough for all the help and encouragement that you gave me.

  • @TheCustomer
    @TheCustomer Рік тому +2

    I am happy with my job at amazon but the salary could be better, and now they are pushing us back to the office 3 days a week. So thinking to interview and get an offer just to negotiate for a better salary at my current employer. Not sure if it is a dumb idea, but if the offer is actually good I might as well leave.

  • @BewareTheLilyOfTheValley
    @BewareTheLilyOfTheValley Рік тому +3

    I'm so immature. I giggled at the thought of some random recruiter "sliding into your DM's", lol. I can imagine some absurd conversation where they pitch a new job offer to you in a way that sounds more like asking you on a date, lol 😅

    • @evgeny7039
      @evgeny7039 Рік тому +1

      I get that almost every day in my LinkedIn message box. You just get used to it.

  • @jennyc5100
    @jennyc5100 Рік тому +2

    Thanks, Brian.

  • @danabut5053
    @danabut5053 Рік тому

    You are truly great, Brian! Thank you so much for presenting us your expertise. It is beyond useful !

  • @tonygilbert5256
    @tonygilbert5256 5 місяців тому

    I really like this video! However, would you be willing to consider making a similar video but focused on changing jobs and departments and internally in an organization rather than external? I think there's different considerations for that and I'm currently in that situation with a job offer in hand and my current group looking to see whether or not they can counter offer.

  • @Chet_24
    @Chet_24 Рік тому

    I like my current job, but ive been a contractor employee for 10 months now, and we had a meeting today saying there are no plans to hire any contractors as regular full-time employees. My manager talked to me before leaving work today and wamted me to hang in there and reassured me he was working on it for me. Ive applied to two different jobs after. Im pretty disgusted i havent been made a regular employee.

  • @robertmoliski5935
    @robertmoliski5935 Рік тому

    Hey there, love the channel. I got my start in recruiting at the largest retained executive search firm and worked for a number of others since. My experience is that you should never take a counter-offer. You mark yourself for dismissal as soon as they find a replacement for you. Your resignation labels you disloyal and not worth keeping as soon as it is not inconvenient to have you gone. Never resign unless the new offer gives you something beyond money - something that your current company can never give you and put that reason in your resignation letter. Print out the letter, hand it to them and stand there while they read it. Recruiters should coach their candidates on how to resign and they should not give an offer to a candidate who says they would consider a counter-offer.

  • @Ab3ndcgi
    @Ab3ndcgi 9 місяців тому

    Any company or employer has a very fixated idea of what they want you to supply for them; and what they think is your worth. That idea is not likely to change much, no matter how hard you try to prove yourself.
    If you got hired as a quick fix to cover a workers leave, if you got hired as aid to another worker or temporal reinforcement into a department etc., thats as high as you should hope to get within that company. Sure, you may have started on a temporal contract to cover a leave, and ender up becoming a staple worker with some benefits. Sure, you may be very hard working, or have crazy talent That does not mean they want to know you or that they care, nor will they ever consider you for managing roles, or even for a substantial raise. You are better off searching for the job you want to do elsewhere, than hoping you will get noticed by hardwork.

  • @drsundipshenoy2471
    @drsundipshenoy2471 Рік тому

    Excellent presentation Sir,helps me

  • @pradeep.s
    @pradeep.s Рік тому

    very insightful - shows experience !

  • @chrisced007
    @chrisced007 Рік тому

    Don’t take the counter offer ever. Had a former boss offered to domicile me out of a different terminal closer to home and have my own truck running solo but I would have to take a pay cut. He was trying to get me to stay and give me some song and dance. I left and it was the best thing I ever did.

  • @Weezy420
    @Weezy420 Рік тому

    you look great in that white sweater dude. you should wear it more often.

  • @mrmurdx8956
    @mrmurdx8956 Рік тому +5

    Fuck the counter offer always leave.

  • @GeneralGorillaSonicOC
    @GeneralGorillaSonicOC Рік тому +1

    I'm not accepting counter offers.

  • @scoopitywoop
    @scoopitywoop Рік тому +1

    I want a 20% raise. I know I could get 20-25% more if I moved company, but I don't want to.
    They will only give me 15% even though my replacement would cost at least 20%, probably 25%. Doesn't make sense why they're forcing my hand like this. Maybe they don't like me?

    • @I..cast..fireball
      @I..cast..fireball Рік тому +3

      Leave. Companies do hot pay you what you are worth. They pay the least they cah get away with. If they gave you the 15%, would you magically be worth more to them? Treat employers the way they treat employees. As disposable.

  • @christianheidt5733
    @christianheidt5733 Рік тому +1

    You tell them it's funny that a company that doesn't know me is giving me more than you who knows me, Adios

  • @walterengler5709
    @walterengler5709 Рік тому +3

    Simple answer is never accept a counter offer. The company you were working for knows you want to leave and will do what it can to replace you by taking the extra time to move work and other tasks and bringing in replacement folks. That offer is just to get you to stay to save them. And as your usefulness decreases well you could end up eventually on a cut as you wanted to leave and are not loyal enough. Plus the company you were going to work for will now look at you as having used them to get that offer and that job is gone for good.

  • @runlikethewind8928
    @runlikethewind8928 Рік тому +3

    If you accept the counter, you now have a target on your back. They will see you as a flight risk or disloyal or you blackmailed them. You will be fired or layed off in less than a year.

  • @zz3709
    @zz3709 Рік тому

    Got any videos or links to help someone getting back into the job market after over a decade of running their own business?

  • @PaisaDanny1
    @PaisaDanny1 Місяць тому

    If I accept an offer from a competitor company, can my current company find out? I want to continue working for a few more weeks, the new Job will start in 6 weeks

  • @odutayoodufuwa1587
    @odutayoodufuwa1587 Рік тому

    What’s your advice for someone considering a counter offer? By advice I mean what do I tell the external company as it was a role gotten via referral.

  • @johnlerusse8308
    @johnlerusse8308 Рік тому

    Thanks for the very interesting video. Could you touch on sign-on bonuses, namely in large tech companies ? I'm perfectly fine repaying the bonus if I decide to leave, though do you think it's negotiable to say "only repay the bonus if I decide to leave the company myself not if the termination of employment is out of my control". I'm curious how they would react, though it seems hard to argue from a company perspective that they don't want to negotiate on that, it could sound very sketchy.

  • @cl5193
    @cl5193 Рік тому

    I considered telling my employer about a job offer I received to see if they would counter. But, I decided that the offer was not as good as what I currently have, and to not extort my current employer.

    • @Lisa-my5sy
      @Lisa-my5sy Рік тому +3

      Extort? Wrong word choice

  • @tubalcain6874
    @tubalcain6874 Рік тому +3

    Think about it, there’s a reason/reasons you’re jumping ship. Sweetening the pot with some additional Jack isn’t going to change a work culture that’s rotten to the core.

  • @jaredlash5002
    @jaredlash5002 Рік тому

    That was some creepy stock footage at 4:32. Blink already! :D

  • @evilzzzability
    @evilzzzability Рік тому +7

    Counter-offers are bullshit. seriously, guys... have some respect

  • @sabarigirinathanm9838
    @sabarigirinathanm9838 10 місяців тому

    Hello, I need advice here, I am having an offer from MNC tech. My current organisation is an emerging Cloud Tech company. They are giving me a counter offer and I have been working here for the past 1 year and 3 months. What should I consider to move out or stay here? The work environment is good and have a supportive boss.
    MNC tech - will have more challenge, work life balance will not be good

  • @mastermoarman
    @mastermoarman Рік тому

    i have a problem i have a job i like allot but theres not much for me in my carreer path. i got a job offer for 15/hr more then what im making now. the current job is laid back and very forgiving on time in and out as long as i get my 40 a week. the new job wold be at amazon as a controll system lead. what should i do?

    • @yoshy2628
      @yoshy2628 6 місяців тому

      If you are a serious employee then move for better payment.
      If you are lazy and you come late, because you sleep too much then stay where you are.

  • @SafetyKap
    @SafetyKap 4 місяці тому

    Easy fix: counter offer must include a WRITTEN three (or 6 or whatever) month payout when either party terminates employment.
    If it is still toxic, when you can’t take it any longer, you give your two weeks and get your additional payout.
    Or
    If they get stupid and fire you, you get your extra payout.

  • @raquelalhaqab5994
    @raquelalhaqab5994 Рік тому

    Hey what do you do if a current employer lowers the offer you agreed to when you first agreed to work for them? We’re talking about a $7 per hour dollar difference. While this doesn’t seem like a lot it was a lot to me and it was insulting.