How to Negotiate A Counter Offer With Your Employer

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  • เผยแพร่เมื่อ 13 มิ.ย. 2024
  • How to negotiate a counter job offer with your employer. If you've seen my other video on counteroffers, you know that, in most cases, I do not think you should accept a counteroffer from your current employer. But if you are entertaining one, here's some advice to follow.
    00:00 - Start
    01:13 - Marker 1
    04:04 - how to handle counter offer discussion
    07:37 - How to decline a job offer after accepting it
    09:34 - what to do if they promise a promotion
    13:45 - The update
    15:26 - Senior leadership out of touch
    17:04 - Getting promoted into C-Suite
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ความคิดเห็น • 227

  • @EvilSuggestions
    @EvilSuggestions 4 หลายเดือนก่อน +288

    One way to respond, to put it in perspective "I'd rather work for an employer that's proactive, rather than reactive. None of these plans you're proposing were communicated until after I tendered my resignation."

    • @harmony3279
      @harmony3279 4 หลายเดือนก่อน +8

      Love ❤️ this answer.

    • @tarekyared4404
      @tarekyared4404 4 หลายเดือนก่อน +47

      It's almost offensive when you think about. If they are so quick to offer you a substantial raise, then they are implicitly suggesting that they have been blatantly paying you well below the value they saw in you. It's not a compliment. It is an insult.
      I would much rather the employer say, "wow, we can't realistically match that, let alone beat it. We wish you good luck!". At least that means they likely were paying you the maximum budget they had available for the position.
      It is funny how all the "big plans" they had for you only come out when you resign. Those "big plans" stay indefinitely in the background I guess.

    • @1978dakdog
      @1978dakdog 4 หลายเดือนก่อน +4

      I love that, but damn that would set my boss off...

    • @jmorris023
      @jmorris023 4 หลายเดือนก่อน +5

      Yeah that's not going to go over well. I'd just say that I've mentally moved on already.

    • @M_Swann
      @M_Swann 4 หลายเดือนก่อน +3

      This is way over the top

  • @althunder4269
    @althunder4269 4 หลายเดือนก่อน +167

    If you tender your resignation you are seen as a "traitor" with no "loyalty" to the company. If you stay then get ready for retaliation.

    • @tomhadfield23
      @tomhadfield23 4 หลายเดือนก่อน +16

      This is very true

    • @Gumardee_coins_and_banknotes
      @Gumardee_coins_and_banknotes 4 หลายเดือนก่อน +15

      Loyalty is dead.

    • @amicaaranearum
      @amicaaranearum 4 หลายเดือนก่อน +13

      They may not retaliate out of malice, but your name will certainly be near the top of the list when it comes time to make cuts.

    • @healthyhindu6799
      @healthyhindu6799 3 หลายเดือนก่อน +4

      Never ever accept counter offer, made a mistake. Now after 10 days company terminated

    • @npolite22
      @npolite22 3 หลายเดือนก่อน

      @@healthyhindu6799 it depends on the company. A friend of mine works for a large company and was countered and is still working there. The biggest risk like others said is you may be the first on the list of cuts if the time comes.

  • @avishaiavivi
    @avishaiavivi 4 หลายเดือนก่อน +94

    You know - the question "what can we do to keep you?" is rather redundant. You already had your chance, you failed, and here we are.

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  4 หลายเดือนก่อน +14

      Precisely.

    • @rejectionistmanifesto8836
      @rejectionistmanifesto8836 2 หลายเดือนก่อน +1

      ​@@ALifeAfterLayoffNever advise to stay, so many have been fired or laid off after the company got time to prepare by getting an employee to stay with a short term massive bump, then when everything has settled down the axe falls on their neck.

    • @davidquilici950
      @davidquilici950 2 หลายเดือนก่อน

      @@rejectionistmanifesto8836 This is exactly what happened to me at my last employer.

  • @gullijons9135
    @gullijons9135 4 หลายเดือนก่อน +118

    Been there, made the mistake of accepting the counter, I left less than a year later - most of the "plans they had for me" turned into vapor as soon as they felt secure that I was staying. They only reason it took me so long to leave was I spent a lot of time searching for the right thing.

  • @TRC_WA
    @TRC_WA 4 หลายเดือนก่อน +101

    I knew there was no way that my current employer would counter my new offer… it was that much better. Made things easy. I got a 50% pay bump and when you include overtime it’s closer to 90%.

    • @Wahinies
      @Wahinies 4 หลายเดือนก่อน +3

      Way to go 👏

  • @crypticutopia7228
    @crypticutopia7228 4 หลายเดือนก่อน +72

    I wouldn't bother personally. Just switch jobs. Switching jobs just got me a 30% pay rise.

    • @wreagfe
      @wreagfe 4 หลายเดือนก่อน

      Not just about the money. That's quite short-sided, and not in your long-term interest.

    • @crypticutopia7228
      @crypticutopia7228 4 หลายเดือนก่อน +12

      @wreagfe Yes obviously career progression and things like that are important too, but the main reason any of us bother showing up to work each day is for the money.

    • @WeWuzKangzNsheeet
      @WeWuzKangzNsheeet 4 หลายเดือนก่อน +18

      @@wreagfeuhhhhh, I go to work to make money, nothing more or less. If jumping ship will get me 30% increase vs staying and MAYBE getting a 3% increase, I’m out.

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  4 หลายเดือนก่อน +4

      Nice work.

  • @barbdowns1
    @barbdowns1 4 หลายเดือนก่อน +32

    The one time I accepted a counter offer left me feeling “dirty”. Kinda like I was some kind of greedy mercenary. I ended up leaving because I couldn’t make it work, but it left a lasting bad feeling with me and my former employer and I didn’t like how it made me feel about myself in the end. After that, I’ll NEVER consider a counter offer ever again. It turns out 3 people inherited the work I was doing and all my former colleagues really hated me after I left because the automation I did was stripped off all my projects after I left. It didn’t have to end that way, and it probably wouldn’t have if I hadn’t second-guessed myself on the way out the door in the first place. Never again!

  • @craigdupree1687
    @craigdupree1687 4 หลายเดือนก่อน +46

    I once got hired to lead a team that the startup was going to hire. A month later, when I was barely into week 1, they casually mentioned they wouldn't be hiring the team, but lucky me, I could do the work instead.

  • @kesayo
    @kesayo 4 หลายเดือนก่อน +13

    I knew a guy who single handedly created a whole new product line for a company that became so huge that it eventually doubled the company’s revenue. They gave him decent pay increases, but it was obvious to almost everyone that he should have an EVP or SVP title. Eventually, a smaller competitor hired him away and he took a lot of his team with him, and that competitor now has a larger market share in that product class. If I mentioned the company or product you would probably know what I’m talking about because it happened recently. But it just goes to show that companies are really bad at rewarding internal talent, even at the high levels. So expecting them to recognize your value as an individual contributor or middle manager is futile.

  • @mdot137
    @mdot137 4 หลายเดือนก่อน +22

    I had unfortunately accepted a counter offer from the company I am currently employed by in the middle of last year and have been looking for the right opportunity again ever since. It was one of those "future plans in store for you" scenarios that has not come to fruition.
    A mistake on my part to accept it, but I have taken it as a learning opportunity since knowledge has been gained. Now I must wisely use that knowledge moving forward.

    • @dyingculture1
      @dyingculture1 4 หลายเดือนก่อน +2

      Haha... yeah, I like that "future plans" thing. I had one boss who said the same thing, that he had plans for me. So I asked, what plans? His response: "I plan to have a plan".

  • @RoundTheCode
    @RoundTheCode 4 หลายเดือนก่อน +43

    I got a 33% pay bump last year for switching jobs.
    I was in my last company way too long and as a result, I was underpaid as I fell behind on the job market rate.
    I was more than willing to tell my former employers my new offer as there was no way I was going to accept a counter offer that matched, or maybe exceeded my new company.
    As far as I was concerned had they offered me a counter offer, it would have been in sheer desparation!
    I wasn't offered that yesterday, so why today?

    • @tarekyared4404
      @tarekyared4404 4 หลายเดือนก่อน +1

      How many years did you stay in that role?

    • @RoundTheCode
      @RoundTheCode 4 หลายเดือนก่อน

      Just over 16 years.
      Interestingly, someone who started a month before me got laid off just before Christmas. He is not having a lot of luck in finding a new position, so I think I dodged a bullet.

  • @mmathulosejake
    @mmathulosejake 4 หลายเดือนก่อน +3

    "Usually the people at the Executive level, usually theyre so out of touch... they operate at a level that's not based in reality!" Truer words have never been spoken.

  • @jackcarraway4707
    @jackcarraway4707 4 หลายเดือนก่อน +16

    Treat a job offer like buying a car. Don't be afraid to walk away if they won't give you what you want.

    • @guardianmatrix
      @guardianmatrix 4 หลายเดือนก่อน +2

      Every time I've purchased a car or aided someone else in the process, we landed in the finance department with me leading them on saying:
      "We love this car and we're really excited, but all those things your sales person offered don't seem to be in the contract anywhere. I believe there is a document missing, I think it's called a 'we owe' sheet. We can't sign til we have that. It's ok, take your time, we'll wait."
      Either their offer appears in writing or we leave. 🤣

    • @JamesQMurphy
      @JamesQMurphy 3 หลายเดือนก่อน

      True… the ability to walk away is the biggest advantage in any negotiation. True for buying cars and for negotiating a salary.

  • @rosomak8244
    @rosomak8244 4 หลายเดือนก่อน +8

    The one situation where you accept and counter offer: you find out the new opportunity is in reality a phoney and discover some red flags you where not aware of before.

  • @witblitsfpv1265
    @witblitsfpv1265 4 หลายเดือนก่อน +5

    In 26 years in the game I have only seen a counter offer work out well once. In that case the person was cold called and wasn't looking for something else. It was purely a money thing and his current company almost matched the new offer immediately and that was the end of it.
    There was also other cases (different companies) where the person was let go on the spot when trying to wiggle a counter offer out of their company.

  • @docaff
    @docaff 4 หลายเดือนก่อน +11

    I've been in this situation before. I was underpaid and underappreciated, so I entered the job market to assess my market value. My pay offer at the new company was around 27% higher than what I was making. I verbally accepted and put in my 2 weeks notice.
    My old company waited a couple of days and then had a slew of people chat with me, even offering to match the salary offer. It was frustrating because they should have been paying me much more for a long while before this.
    At the end of the day, I heard them out, but took the new job. The main deciding factor was that they had a long history of poor raises and mediocre bonuses. So maybe my pay would be good for awhile, but what was to stop them from resuming their cheapness going forward?

  • @LenHere
    @LenHere 4 หลายเดือนก่อน +8

    I accepted a counter offer, regretted it in a week, and it took me 6 more months to get a new offer from a different company.

  • @jon6309
    @jon6309 3 หลายเดือนก่อน +2

    Thank you. I feel like my boss is too comfortable and expects me to stay in my role forever. They treat me well and I love my job for now but I just don’t consider any of the growth opportunities they are able to provide for me. I used to wait until things were bad in a job before searching but I think a better approach is to start shopping for a better job opportunity when things are still comfortable and good. This gives me less pressure for a new job and be more selective!

  • @26kraziers
    @26kraziers 4 หลายเดือนก่อน +25

    Can you do a video on a company trying to rehire you after you’ve been laid off by them? Thanks!

    • @cpK054L
      @cpK054L 4 หลายเดือนก่อน +3

      I'm looking at my last company trying to rehire for positions they just cut 2 months earlier
      LOL
      They're probably trying to rehire women only

    • @morganseppy5180
      @morganseppy5180 4 หลายเดือนก่อน

      A few times, I've been "perfect" for a role (cold emails from linked in) and i just screencap that job on my resume and send it back saying, yes, i worked there for over 2 years, and survived X layoffs. I'm not interested, and no one you place there will last so get your % up front.

    • @13jorino
      @13jorino 4 หลายเดือนก่อน +5

      It's like looking to see if your ex-girlfriend that dumped you is out there looking.

    • @chancepaladin
      @chancepaladin 4 หลายเดือนก่อน +1

      that's not a big deal as long as you weren't blacklisted, which is irritating as hell

    • @MannyLoxx2010
      @MannyLoxx2010 4 หลายเดือนก่อน +9

      DO NOT RETURN TO A COMPANY THAT HAS PREVIOUSLY FIRED YOU OR LAID YOU OFF!! Don't play yourself like a sucker!!

  • @adabbas
    @adabbas 4 หลายเดือนก่อน +9

    A friend of mine got an offer 4 years ago with around 30% pump.. Current employer gave a counter offer with about 10+% more pay and a promise of promotion within 6 months that will provide people leader position and even more pay raise... Then hiring freeze hit, the role that my friend was promised stayed vacant with an "acting" manager holding it until 3 years later it became illogical to give it to someone else but the acting manager, leaving my friend stuck where she was 4 years ago.

    • @Wahinies
      @Wahinies 4 หลายเดือนก่อน

      The ol carrot on a stick

  • @martinlazar9420
    @martinlazar9420 4 หลายเดือนก่อน +11

    I would never take a counter unless it included a massive bonus such as 30-50% stay-on bonus. I am guessing they wouldn’t entertain it and then you can say they made the decision. The primary reason for such a large benefit request is to prevent them from firing you

    • @QED_
      @QED_ 4 หลายเดือนก่อน +2

      Right, there are more possibilities here. I might consider a counter offer if it matched the new one and added an immediate bonus. Then they have skin in the game and not just promises . . .

    • @mstefa007
      @mstefa007 3 หลายเดือนก่อน +3

      And the severance package contract for protection

  • @nicolelewis6312
    @nicolelewis6312 4 หลายเดือนก่อน +10

    Even if their counter offer was higher, I would not take it simply because they may resent you simply because you entertained the possibility of leaving.

    • @Andrew-3445
      @Andrew-3445 3 หลายเดือนก่อน

      To me it felt like I was breaking up with them when I told them I was leaving. To them, it probably feels like finding out you were on a dating site while still in the relationship. The relationship won't be the same after.

  • @rozamakamaka
    @rozamakamaka 4 หลายเดือนก่อน +9

    I’ve witnessed one good counter offer example in my life. Had a friend working accounting job at a bank, loved the job, the pay was low. Her boss wasn’t able to get her the raise she deserved.
    The company I was working for was hiring, so I got her an interview. She got an offer with much higher pay, went back to her boss, he went to his higher ups and got her the raise. It’s been 5 years and she’s pretty happy there.

    • @rayzerot
      @rayzerot 3 หลายเดือนก่อน +1

      Aka they could have been paying her a fair wage the entire time and... didn't

    • @Andrew-3445
      @Andrew-3445 3 หลายเดือนก่อน +1

      @@rayzerot Yeah, I'd feel jaded they were taking advantage beforehand.

    • @BlueJadeU
      @BlueJadeU 3 หลายเดือนก่อน +1

      Sometimes the middle manager's hands are tied and they would like to give a raise and know you deserve a raise, but their budget has been set by someone higher up.
      When you say you're going to leave, that gives them some leverage to move the needle with THEIR boss and get more money unlocked.
      Sometimes, if your wage is stagnant, the best thing you can do is give them a reason to make an "exception" by telling them you're leaving.

  • @putkimies9297
    @putkimies9297 2 หลายเดือนก่อน

    Usually I don't watch videos like this but your channel has definitely caught my attention. Great tips for anyone seeking advise for their career

  • @alyssabaladez1775
    @alyssabaladez1775 4 หลายเดือนก่อน +2

    Brian I just watched your precious video on how to answer the salary question. Thank you very much for your information on this topic I went into my job interview confidently and answered talent acquisition with the number and it ended up working in my favor. You’re great keep up the great work.😊

  • @thezonemtb
    @thezonemtb 4 หลายเดือนก่อน +2

    A year ago I left a job I had for 11 years after the company sold and things slowly changed. I accepted most of the changes but once the new management (long term employees not new people) started bringing their family in and they were given management roles after a short time I left. I did not accept their counteroffer and they were surprised when I gave notice a week after a 10% pay increase that was strictly because of timing. I keep in touch with people still there and things have gotten much worse. I am so glad I did not accept their counteroffer as I know my workload would have increased to cover for the incompetent family members hired and given positions of authority.

  • @ericperry7575
    @ericperry7575 3 หลายเดือนก่อน +2

    When I have been in this situation I kindly explain that I’m a person of my word. I’ve already accepted the job offer and I’m going to stick with my decision to leave. I don’t trust any employer to keep me around after I accept the counter offer. Also it leaves an impression when you are a person that keeps their word.

  • @chapagawa
    @chapagawa 4 หลายเดือนก่อน +8

    If you get a good counter-offer, make sure to include a fantastic severance package. A huge payout if they have to let you go for any reason, such that if they let you go when they are ready in the future, you still get a good payout while having resume fodder with your new job title and responsibilities.

    • @midlifecrisis7888
      @midlifecrisis7888 4 หลายเดือนก่อน +4

      Short of executive level positions this is not common at all.

    • @willh5548
      @willh5548 4 หลายเดือนก่อน +2

      i agree with the assessment. once u are on your way out even a big pay raise doesnt mean u wont be out in a few months after they or you have trained your replacements

    • @adammorra3813
      @adammorra3813 4 หลายเดือนก่อน

      Not common and won’t happen unless you are leadership

    • @TonklinFallen
      @TonklinFallen 4 หลายเดือนก่อน +2

      If they don't agree to the severance package, then you walk. You have to look out for you, whatever your job title.

    • @user-jn4sw3iw4h
      @user-jn4sw3iw4h 4 หลายเดือนก่อน

      Agreed it is uncommon, but so is _a situation where accepting a counter is a good idea_
      don't forget out of your offers, one comes with:
      - established distrust
      - reason to assume they have no intent to keep you there for longer than it takes to find/train your replacement
      - and the expectation you'll abandon an option without that baggage for it
      It's pretty hard to compensate for all that with just empty promises and _make number big_

  • @AlexFiliUK
    @AlexFiliUK 2 หลายเดือนก่อน

    Fantastic video, thank you for the insights and wisdom

  • @tarekyared4404
    @tarekyared4404 4 หลายเดือนก่อน +3

    Not all companies have an HR exit interview process. In a previous company when I resigned, first my manager talked to me. Then the department director and then I eventually met with the VP of the company.

  • @DigitalDigital-lr7zj
    @DigitalDigital-lr7zj 4 หลายเดือนก่อน

    Thx 🙏 really appreciate your perspective.

  • @monterreymxisfun3627
    @monterreymxisfun3627 4 หลายเดือนก่อน +2

    What about offering to consider the former employer in the future if they give you severance pay now? Also, don't disclose why you're leaving or where you are going.

  • @llolanf3650
    @llolanf3650 3 หลายเดือนก่อน +1

    It all depends on the situation: I accepted the counter offer because my current employer accepted to move me to a different role + fully remote. I preferred do that instead of doing my old job in another company, even if they would have paid more, cause I am getting the chance to learn a new role while working in an environment I already know

  • @adammaynard9262
    @adammaynard9262 3 หลายเดือนก่อน +1

    I tend to ask for a bonus of backpay with the counter offer leading back since my last promotion -- because heck if they can pay it now, they can fork over everything since.

  • @jesseyrufh7647
    @jesseyrufh7647 3 หลายเดือนก่อน +1

    I find the counter is more a “possessive” decision,
    -I’ve always been baffled when hearing owners say “(competition) is stealing MY EMPLOYEE!!”
    -Implying ownership of that person,
    -I see the counter much like a child that is indifferent towards something they own, until someone else wants it,
    Once the other offer is gone, so does your ‘value’

  • @andydelle4509
    @andydelle4509 4 หลายเดือนก่อน +5

    Keep in mind that putting something in writing such as new responsibilities to come is basically worthless. Unless that counter offer has a legally binding contract, you are still an at-will employee. They can reverse that agreement at any time for any reason and you have no recourse. It's a simple concept. If I am as valuable as you now claim, and you have big plans for me, let's draft a legal employment contract. And point out it's a win-win for the company. If they were planning these promotions for you, they just stay on course or bump the timeline up. And as you (the employee) are now under a contract, they don't have top worry about you jumping ship unexpectedly. If the company is not willing to put the new perks in a binding contract, then don't expect them to happen. And don't listen to all the "legal" talk why they can't have you under an employment contract. It may have to go all the way to the CEO for approval. But they say they can't afford to lose you so what's the problem? There is no law in the US preventing an employer to have a mutual agreed employment contract with an employee drawn up. (Note, I am assuming non-union jobs here.)

    • @cpK054L
      @cpK054L 4 หลายเดือนก่อน +2

      If you have a contract that explicitly states promised work length, pay, severance, etc, then that is not protected by at will and the employer is on the hook to deliver, otherwise, you can sue them for damages

  • @MechPaul
    @MechPaul 3 หลายเดือนก่อน +1

    When I left my previous company, I had tried doing my best to fix all the things about the job that I didn't like. They weren't able to offer solutions or fix anything about it. So when I gave my resignation and they asked, "What can we do to keep you?" I said, "Nothing. I already told you everything I didn't like and you didn't move. If you didn't move then, you shouldn't move now." We wished each other well and moved on.

    • @Andrew-3445
      @Andrew-3445 3 หลายเดือนก่อน +1

      Same thing for me. It was the carrot on a stick. Was promised a promotion and the ability to have people under me to help out. After 3.5 years, no bonuses like they said, and no promotion or even some sort of timeline on it even though the team was bringing in millions a year. They had to hire 2 people to replace the crazy amount of work I was doing.

  • @jennyc5100
    @jennyc5100 4 หลายเดือนก่อน

    Thank you.

  • @crashemt
    @crashemt 3 หลายเดือนก่อน +1

    Included with the offer letter, title and pay bump, and clear job requirements, I would request a "no go backses" clause. That would include a date certain the team would be enacted, a time period in years where you are guaranteed payment regardless of termination cause, and a penalty if the new team isn't stood up.
    Either they are serious, or they are just bidding their time to hire underneath you and drop you. 99% of counter offers are buying time for a replacement search. You are out, just don't benefit them.

  • @melindabaker6251
    @melindabaker6251 4 หลายเดือนก่อน

    Very good advice. I did not take the counter offer. They did the car salesmen thing. "Sign this blank page."😬 None of the pay rates were approved. They then told me how I would be missing the deal of a lifetime.

  • @fiendslegacy
    @fiendslegacy 3 หลายเดือนก่อน +1

    I've had crazy success on the salary thing not by sharing what my new offer is But just by saying, "I could stay for 80k" or "I could leave for 75k" plus like vestment, vacation accrual, etc

  • @3N1StaticGaming
    @3N1StaticGaming 3 หลายเดือนก่อน

    I got really good at turning mundane things into interesting stories for my resume when they bring it up. Sometimes I test them as well asking if they read my resume just before I mention part of it. Tells me a lot of the time if they are actually interested because they’ll often mention another part of it if they have.

  • @abkeener81
    @abkeener81 4 หลายเดือนก่อน +1

    Hi, Bryan! Thanks for your videos. Especially this one. They're really helpful. I'm wondering what your thoughts are about potentially accepting a role (I'm in the interview process for this) that pays less than I'm paid now. The upside to this potential role is room for growth and cross training in the organization. Something I don't currently have. I'm Andrew. As an aside ... I'm starting to get the feeling that my current employer is toxic. I've backed up what I think by seeking the advice of a trusted colleague who confirms it.

  • @wreagfe
    @wreagfe 4 หลายเดือนก่อน +2

    You really have to be sure that how you act in any current role is as active and looking for progress and promotion as you would be seeking in recruitment processes elsewhere.
    In the case of the video, the person is unsure because they simply aren't aware that well what their current role has to offer. Both employee and employer have equal responsibility in this. If they only come with a counteroffer when you have signed an offer with another company, their counteroffer might not be in good faith, but just to secure business stability.
    In my experience, most (very unquantifiable and unscientific) people accepting a counteroffer from their current employer stay below average tenure (as if you were a new hire).

  • @annapatton4544
    @annapatton4544 4 หลายเดือนก่อน +1

    About telling where you're going to.
    My mom wanted to leave the company, and her boss did not want her to. And he would contacted the company that gave her the offer so they would not hire her. It happened a few times. It's not a big town and everyone knows everyone and he had a lot of weight. Her brother got involved and created a whole scheme where he created a rumor that she applied to another job, got the boss of that company involved to basically nod to the questions and her brother literally took her for the actual interview in the middle of the night (the new boss also wanted her pretty badly so he was game). The new company hired her, she really flourished there and retired from them just a couple of years ago. The old boss was upset with her brother as he (the brother) was the old boss's right hand (years later they still work together). And the person that was taking my mom's position in the old company also came over to our home in secret to find out what she was going to deal with.
    Gotta love small towns!

  • @chancepaladin
    @chancepaladin 4 หลายเดือนก่อน +5

    ask them for back pay based on how much you were worth when they were kicking the idea around initially, lol

  • @disgruntledtoons
    @disgruntledtoons 4 หลายเดือนก่อน +2

    The question raised by anything offered in the "please stay" spiel is, "why weren't you doing this already?"

    • @Andrew-3445
      @Andrew-3445 3 หลายเดือนก่อน

      Yes, it's like telling your partner that you're leaving because they're cheating on you and they get on their hands and knees saying they'll stop if you stay. If they cared enough about you from the beginning, they would care about your trajectory and not just doing damage control for themself.

  • @highrzr
    @highrzr 4 หลายเดือนก่อน +3

    Accepting a counter offer gives your current employer time to find your cheaper replacement. If you're good at your job, you'll be condemned to do that job for the rest of the time you're with that employer. In most cases, you need to leave your current employer for a new employer in order to progress.

  • @pagecurie5512
    @pagecurie5512 4 หลายเดือนก่อน

    I am a glad to hear it from a recruiter that some companies go behind to sabotage our chances to get into the next company. I have noticed when I apply within the same industry, initially companies are interested and then quickly change. I know my company uses indeed. I wonder if they can see who we reach out to. I don't think it's a coincidence. I beginning to think I should avoid using indeed to apply for jobs

  • @TheCustomer
    @TheCustomer 4 หลายเดือนก่อน +6

    You worked at Amazon. After almost few months of being hired I realized I am earning less. Now I took new role and they didnt raise my salary and they keep saying we dont give inflation raise. I am here for 1.5 years now but already thinking to leave as they will keep giving probably 5% max or even less per year.

    • @morganseppy5180
      @morganseppy5180 4 หลายเดือนก่อน +2

      You are correct. There is a long line of ppl who want to work there so they can do whatever. They have a 150% turnover rate (according to another video from this channel, i think) and no shortage of cash to burn, it seems.

    • @TonklinFallen
      @TonklinFallen 4 หลายเดือนก่อน

      If they don't give you inflation matching pay rise, they are intentionally cutting your pay. You are working your butt off to buy Bezos another trip into space, walk out on them.

    • @TheCustomer
      @TheCustomer 3 หลายเดือนก่อน

      @@morganseppy5180 i dont think staying with them worth it though, of course fancy name to have on CV but not anything else...

  • @cheater00
    @cheater00 4 หลายเดือนก่อน +2

    please get a mic boom - you have major rumble when something (usually your arm) touches something (usually your desk that the mic is standing on).

  • @chrisxavier3147
    @chrisxavier3147 4 หลายเดือนก่อน

    I can attest to VP's and above being out of touch with what's going on in a company. The director of my department at my last job described the VP as "out to lunch"

  • @chuckchan4127
    @chuckchan4127 4 หลายเดือนก่อน +6

    Here's how you negotiate a counter offer:

  • @teeing9355
    @teeing9355 3 หลายเดือนก่อน +1

    Never take a counteroffer, always leave. What happened to me is they just reneged after 6 months and started retaliating against me, when they knew the other position was filled. My Boss told me, I don't like to lose. I found a new job 2 weeks later, and when I handed him my resignation, he asked what he could do to keep me. I said not a damn thing, because your word isn't worth a shit. Life is too short to work for assholes.

  • @lasurfette7830
    @lasurfette7830 4 หลายเดือนก่อน

    I took a new job in early 2023 that offered a 30% pay bump. I think that lifted me above the salary range of my coworkers at that new company, and left me exposed to layoffs down the line.

  • @JonEhh1337
    @JonEhh1337 3 หลายเดือนก่อน +2

    When your current employer counter offers you have to protect your self. You have to negotiate a contracted severance package. Add multiple conditions like fire, replace, layoff etc and it should at minimum be 6 months of your salary. If your current employer is serious about retaining you then this is a no brainier.

    • @Andrew-3445
      @Andrew-3445 3 หลายเดือนก่อน +1

      It sounds good in theory, but they'll see it as "he bent us over a barrel and we don't like losing the upper hand". They'll never look at you the same after it, like a prenup.

  • @pathfinderlight
    @pathfinderlight 3 หลายเดือนก่อน +1

    In meeting with the company President and Vice President, they're worried about a systematic problem within the company...."I'm leaving for a job that gives me a 30% pay bump. Either you're not exploiting my work properly or you've not been paying me fairly. "

  • @s99614
    @s99614 4 หลายเดือนก่อน +3

    Your current employer isn't going to beat your other offer. The best that you are going to do is a match, which you should turn down.

  • @bigtimepimpin666
    @bigtimepimpin666 3 หลายเดือนก่อน

    I have been on the front row for many chronically overworked underappreciated team members. The almost unmeasurable increases in pay and responsability that were impossible become possible overnight after a few years of sandbagging resentment. At best the "leadership" then wants to match what the new job offers. At that point you are patsy to stay.
    People ussually dont quit their job, they quit their boss.

  • @Private-GtngxNMBKvYzXyPq
    @Private-GtngxNMBKvYzXyPq 3 หลายเดือนก่อน +1

    Some employers will go to strange lengths to limit options and opportunities for employees. A number of years ago I worked for a company that had an astonishingly high rate of turnover. They would hire smart people right out of college and work them long hours until they burned out. The management spent an inordinate amount of time, money, and resources monitoring the employees trying to catch them in the act of looking for other jobs, and would terminate people mercilessly without warning on the basis of the flimsiest most paranoid suspicions. They would then poison their chances by giving bad references. This company wouldn’t even let people have job titles on their business cards because the founder thought it might help people get better jobs elsewhere. Needless to say, I didn’t wait around for a counter offer when I got an unexpected job offer that allowed me to escape.

    • @stevepreskitt283
      @stevepreskitt283 3 หลายเดือนก่อน +2

      I'm surprised they'd actually risk giving bad references, given the potential legal issues. I have a couple of friends that own businesses, and I've had them call previous employers asking for references to see what they say.

    • @Private-GtngxNMBKvYzXyPq
      @Private-GtngxNMBKvYzXyPq 3 หลายเดือนก่อน

      @@stevepreskitt283 yeah, it was really hard to understand their reasoning. But that’s one of the things about toxic work situations - they don’t make sense. Productivity and profitability are almost always better when good people are treated well. The knowledge base builds instead of having a constant brain drain. But toxic owners and managers are just going to be who they are so it’s better to move to a new job somewhere else and leave them to their misery.

  • @KimJilene
    @KimJilene 4 หลายเดือนก่อน +1

    What about telling them I am going back to school? Should be no questions there because I am already going part time. I want to pivot into a completely different field from my current role. The longer I stay in this role, the less time I working towards growing in the career field I actually want.

  • @clallen2000
    @clallen2000 3 หลายเดือนก่อน +1

    I have always heard that once you tender your resignation don't accept a counter offer from your old job because you are seen as a traitor to the cause. If they had valued you at the higher pay then you would be paid that already.

    • @Andrew-3445
      @Andrew-3445 3 หลายเดือนก่อน

      Yes, I see it only as a damage control that they'll have to take on your tasks until they find someone to replace you. It to me seems like they only care about their own comfort and not your goals.

  • @Gumardee_coins_and_banknotes
    @Gumardee_coins_and_banknotes 4 หลายเดือนก่อน

    When I resigned my other job they offered a pay rise, 9 years too little and too late.

  • @scottmac3539
    @scottmac3539 4 หลายเดือนก่อน +13

    Usually accepting the counter offer is a bad move, statistically, but what if you negotiate a fat severance package with current employer in the event they cut you loose early? What do you think about that move? After all, you now have a target on your back and you'll be perceived as a flight risk when you tender your resignation. You'll be the first person they cut if there's "workforce shaping". So if they do open the trap door on you at least you have a pile of cash to cushion your fall 😆

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  4 หลายเดือนก่อน +14

      I’ve not seen that done below executive-level but if you can manage it, go for it!

    • @chancepaladin
      @chancepaladin 4 หลายเดือนก่อน

      you might be able to lock yourself in for a year, but you better believe on that 366th day you'll be toast with a laundry list of reasons why. because they'll spend every day of that year making your life a living nightmare, and fire you anyway.

    • @same.7939
      @same.7939 4 หลายเดือนก่อน +1

      I think that’s a smart idea. It will also force them to just let you go with the new job because they will likely think you’re asking for too much. Works out for you anyway!

    • @user-jn4sw3iw4h
      @user-jn4sw3iw4h 4 หลายเดือนก่อน

      Given how they have reasons to put you on the top of the naughty-list if you stay and are likely giving _their word_ to the contrary.
      I see it as a damn good reason to ask/demand.
      I'm not betting on it getting accepted, but can't argue with the reasons to at least put it in the opening-negotiations.

    • @scottmac3539
      @scottmac3539 4 หลายเดือนก่อน

      @@user-jn4sw3iw4h The question then becomes, how much do you ask for in that hypothetical severance package. Could take awhile to find a more lucrative position 🤔

  • @fugu4163
    @fugu4163 4 หลายเดือนก่อน +6

    My thoughts on this are that he should move on.
    the old company got everything for nothing while the new company means new opportunities and new skills and experiences to learn.

    • @Andrew-3445
      @Andrew-3445 3 หลายเดือนก่อน +1

      Yes, my old job offered to "let's sit down and find a way to keep you". The new job I've been in for more than 2 years has been a whole new experience of new people, new responsibilities, a lot of new learning. I think it feels rejuvenating to be in a different environment. It's basically the opposite of the definition of insanity.

  • @packman3979
    @packman3979 4 หลายเดือนก่อน

    I have 1 year and 8 months left of university, should I take out student loans

  • @c-horse4694
    @c-horse4694 4 หลายเดือนก่อน

    Do employers ever make these counter offers as a CYA measure in case they fear any kind of liability with you leaving?

  • @jekw23
    @jekw23 2 หลายเดือนก่อน

    If it’s at the point you’re out the door a counter offer won’t change anything.
    I’ve seen people strategically hand their notice in specifically to get a counter offer.
    That’s risky and shows poor character but I have seen that work….although not long term.

  • @markreid2027
    @markreid2027 4 หลายเดือนก่อน

    Taking a counter offer worked out very well for me. That is because I was only leaving due to money.

  • @ManiaCop100
    @ManiaCop100 4 หลายเดือนก่อน +1

    Hey ive been at my company for 9 years now since an apprentice engineering (uk) and its a smaller family company very varied but ive settled into a groove. They treat me well but money has steadied. Ive been offered a job at a college with alot more potential to grow but the money will be the same or only sightly more. Would it be worth moving?

    • @cpK054L
      @cpK054L 4 หลายเดือนก่อน +1

      I only betray companies for 20%.
      Anything less and you're making bad blood for too little

  • @clee027
    @clee027 4 หลายเดือนก่อน +1

    Play hardball. Write a contract that if you take the counter, your position must be held for 3 years with a penalty being your salary prorated for the amount of time left on the contract. They get to keep your expertise. You guarantee you won’t be fired a month after rejecting an offer from another employer.

    • @stevepreskitt283
      @stevepreskitt283 3 หลายเดือนก่อน +1

      It sounds good on the surface, but they're not going to sign a contract that binds them to a specific term without also holding you to the same term. Some companies will go out of their way to make life difficult for you as soon as you sign that, and you won't have a way out.

    • @clee027
      @clee027 3 หลายเดือนก่อน

      @@stevepreskitt283 Then you walk. You have the other offer as leverage.

  • @Moln0015
    @Moln0015 3 หลายเดือนก่อน

    Honestly I'm in my 40s. I quit a few jobs. I NEVER had a counter offer. They always tell me the company can't offer me more. Now I'm at a good job making $10 more per hour.

  • @gellirollz
    @gellirollz หลายเดือนก่อน

    What if the base salary like on the job description is 65K and then they asked you for the first interview or was your salary range and you say 70 K plus but you have two more interviews in the last interview basically with the executives but I say a higher number even though the base pay on the job description says base salary is 65K my goal is 100 K

  • @benrobinson375
    @benrobinson375 4 หลายเดือนก่อน +1

    Counter offers are like when you dump your crappy partner and all of a sudden they're like "oh I'm sorry I'll be a better person now".

  • @oleandra3759
    @oleandra3759 4 หลายเดือนก่อน +1

    Personally, there’s no way in hell I would except a counter offer from my current employer, because I just can’t get past the fact that, until tendering my resignation, I wasn’t worth advancement and opportunities. Face it the cards are already on the table you see what’s in their hand, and it’s not good don’t fall for the sleight of hand.

  • @ericeandco
    @ericeandco 4 หลายเดือนก่อน +1

    If you weren’t worth the bump before you were leaving why would you trust them to treat you right if you stay? They’re just buying time to replace you.

    • @Andrew-3445
      @Andrew-3445 3 หลายเดือนก่อน

      Yes, I see it as they only care about their own stability and not your goals specifically. That's why they counter, so they don't have to take on your tasks while looking for your replacement. I think most of the time it's not because they care about you.

  • @EMdragonKnight
    @EMdragonKnight 4 หลายเดือนก่อน +1

    Honestly I'm willing to take less in my next career step cause my current company uses old tech and cross team collaboration is non existent.
    I'm hoping my next career will be a good stepping stone toward a better place 2 years from starting it.
    I feel like I'm in the career equivalent of a hell hole.

    • @ryansmith6134
      @ryansmith6134 4 หลายเดือนก่อน

      th-cam.com/video/Rk9aThIovMA/w-d-xo.htmlsi=6gxFmdCXoYorSJsI

    • @annapatton4544
      @annapatton4544 4 หลายเดือนก่อน +1

      By old tech, do you mean that you also work reports on paper, then stamp them and sign before filing? If you fill up a few filing drawers within a month, we work for the same company lol.

    • @EMdragonKnight
      @EMdragonKnight 4 หลายเดือนก่อน

      @@annapatton4544 As in the tech we use to do our job was deprecated in 2020 and as the years go by it gets harder to meet client needs cause there's a reason that tech was deprecated by its creators.

  • @helpanimals-
    @helpanimals- 3 หลายเดือนก่อน

    Very hard to get a job right now, there's a recession

  • @Simoss13
    @Simoss13 4 หลายเดือนก่อน +1

    I think it' awful when you hand in your notice they don't counter offer. It shows me they don't care

  • @athomewithrobin292
    @athomewithrobin292 4 หลายเดือนก่อน

    I am desperately looking for a job. I was screened and asked what my salary range was. I was taken off gaurd as this was just the pre-screen and low balled my self 20k. If offered the position, is there any way to reedm myself? Will they hold me to the pre-screen amount?

    • @stevepreskitt283
      @stevepreskitt283 3 หลายเดือนก่อน

      They might. There's nothing illegal about asking for more money after your pre-screen, but it'll be awkward at best, and don't be surprised if they lose interest if you do. That said, you can say that you made a mistake with your initial number because you weren't expecting to be asked so early. The main question is whether or not you can make things work without that extra 20K, and whether you need the job that badly. Also, you can accept the job as a placeholder so at least you've got some money coming in while you look for something else.

    • @athomewithrobin292
      @athomewithrobin292 3 หลายเดือนก่อน +1

      ​@stevepreskitt283 that makes sense!

  • @Bair994
    @Bair994 3 หลายเดือนก่อน +1

    Why is the course price so deeply hidden on your website? Its not even that expensive

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  3 หลายเดือนก่อน +1

      Using your suggestion to update my site.

  • @lg3103
    @lg3103 4 หลายเดือนก่อน +3

    And don't update your LinkedIn profile and any other social media they can access for at least a few months. Don't want to risk back-door references or people following you...

    • @cpK054L
      @cpK054L 4 หลายเดือนก่อน

      I'm not worried, my old manager got laid off himself.
      Only difference is that I didn't need that job to keep my house. Him on the other hand, his severance is running out😂😂😂

    • @youdontknowme5969
      @youdontknowme5969 4 หลายเดือนก่อน +1

      OMG I actually one time got written-up by a former manager for "being too active on Linked-In". Said manager was a manipulative gaslighter and is long gone now so HA!!

  • @hebozhe
    @hebozhe 4 หลายเดือนก่อน +4

    People think way too hard about this shit. You're leaving. That's that.
    Is your current employer admitting to procrastinating in all these career advancements? Well, it sucks to suck, and goodbye.

  • @petitemaam
    @petitemaam 4 หลายเดือนก่อน +2

    I accepted a counter offer at my current company. Should not have... my past 2 raises have been the equivalent of 14 cents an hour. BS.

    • @morganseppy5180
      @morganseppy5180 4 หลายเดือนก่อน +2

      You stayed TWO MORE YEARS???

  • @davidnelson2204
    @davidnelson2204 3 หลายเดือนก่อน

    Just say this: “I’ve truly enjoyed my time working here, however I cannot accept any counter offer at this time. I would, however, like to keep communications open for future roles. If I were to come back, I can promise a return with more knowledge, experience, and new ways of thinking. I believe it is in everyone’s best interest to allow me to take this new position elsewhere.”

    • @BlueJadeU
      @BlueJadeU 3 หลายเดือนก่อน

      I agree with all that, except delete "to allow me" from the end. They're not 'allowing' you to take another position. You're not asking/getting permission to take a position elsewhere, so there's no allowing going on and you are giving away power when you say it that way.

  • @Wahinies
    @Wahinies 4 หลายเดือนก่อน

    It was funny my former boss was stunned i didnt even want to talk about a counter offer, i wanted out thats all i knew. Much more mature organization now. Everybody: even if you have to take a pay cut which is not likely as long as you do not reveal your former pay, get out and experience something fresh.

    • @Andrew-3445
      @Andrew-3445 3 หลายเดือนก่อน +1

      Yes, it's done me a world of good for personal and professional growth to be in a different environment. "You never make progress in your comfort zone" is the perfect way to put it.

  • @MichaelAivaliotis
    @MichaelAivaliotis 4 หลายเดือนก่อน +3

    Never accept a counter offer.

  • @ForgottenKnight1
    @ForgottenKnight1 4 หลายเดือนก่อน +1

    You only do this if you want more money. Why? Because that's the part they have to put in the contract. The rest, they can bullshit you however they want and there is nothing you can do about it.

  • @Steve_Edberg
    @Steve_Edberg 4 หลายเดือนก่อน

    I seriously doubt that this is something he's going to have to worry about. If the new employer is offering a 30% bump above your current employer it's hard to imagine they will jump high enough to significantly beat that. I just don't think it ever works that way in the real world.

  • @jb44448
    @jb44448 4 หลายเดือนก่อน +18

    Say nothing and work both jobs for a while if you can

    • @slushpuppii
      @slushpuppii 4 หลายเดือนก่อน +3

      This is the way

    • @someareroses
      @someareroses 4 หลายเดือนก่อน

      Meeeee

    • @ALifeAfterLayoff
      @ALifeAfterLayoff  4 หลายเดือนก่อน +5

      I know some that have done this too. I don’t think it’s very sustainable.

    • @looseycanon
      @looseycanon 4 หลายเดือนก่อน +1

      @@ALifeAfterLayoff Not to mention brach of contract. Companies like to put non-compeets with language, that would make your accounting job disappear, if you became a part time welder somewhere else...

    • @icemans1matedude339
      @icemans1matedude339 4 หลายเดือนก่อน +4

      This situation seems like it would only work if both jobs were remote

  • @youdontknowme5969
    @youdontknowme5969 4 หลายเดือนก่อน +2

    Basically, if one has felt compelled enough to look elsewhere, and has gone through all the trouble to find another job at another employer, and has a favorable offer, then just go. 👋😎 Why throw all that effort away?
    Your current employer's counteroffers are just excuses, and they're only acting like a desperate used car salesman trying to convinve you to take a deal that's going to be unfavorable for you in he long run.

    • @Andrew-3445
      @Andrew-3445 3 หลายเดือนก่อน +1

      Yes, what's crazy is my employer told me the new opportunity was a mistake and a bad idea without me even telling them anything about it. They were just trying to manipulate me into staying in a place I wasn't happy.

  • @PCGonline
    @PCGonline 4 หลายเดือนก่อน +1

    i tried negotiating a 18 week paid vacation from my employer then i stopped looking in the mirror

  • @siddman5966
    @siddman5966 4 หลายเดือนก่อน +1

    NEVER look back or take counter at current! Never ever ever!

  • @tarinvernon7007
    @tarinvernon7007 3 หลายเดือนก่อน

    I find these videos cute. Imagen that, a company who treats you like a human AND also pays a competitive range!? crazy. Like winning a lottery.

  • @eugenb9017
    @eugenb9017 4 หลายเดือนก่อน

    It's simple: never accept a counter offer. If you want to leave, it means somethings is NOT ok at your current company or you got a better salary. If something is not ok, it won't be fixed, that's for sure. If you got a better salary, it means that you were kept underpaid, this happens in most companies, they take you for granted. Just take the new offer and leave, polite, don't even mention you got a new offer. You just say: I decided to leave, I am not unhappy here, but I just need to make a move on my career, thank you for the period that I spent here, I wish you the best in the future.

    • @Andrew-3445
      @Andrew-3445 3 หลายเดือนก่อน

      Yes it gives both sides bad blood. You feel jaded for being underpaid, and they feel the same that you were looking to leave.

  • @FractalPrism.
    @FractalPrism. 3 หลายเดือนก่อน

    never take the counter
    they will be looking for your replacement even if you stay
    for them a counter is a "plug the hole but find a real solution"
    they will let you go asap

  • @Phamyunx
    @Phamyunx 4 หลายเดือนก่อน +1

    Never take it so there’s no negotiation

  • @sum1337
    @sum1337 4 หลายเดือนก่อน +2

    from experiences ''counter offers'' are usually too little too late

  • @plextoob
    @plextoob 4 หลายเดือนก่อน

    Thanks for the video. Seems like you used the wrong audio codec and settings.

  • @istvantoth7431
    @istvantoth7431 3 หลายเดือนก่อน

    Never accept a counter offer from a Company you are about to leave! They had their chance if you already asked for payrise and they neglected it. Just leave!