Hello everyone,
I got an offer from Ey and I submitted a two weeks notice to my current employer gdit. My current employer wanted me to stay with them so they matched the salary. Should take the chance with Ey or stay with Gdit.
Any suggestions would be appreciated.
Thank you General Dynamics Information Technology EY
Never accept a counter offer from your current employer. It almost never ends well. They will use you to train your replacement.
I believe the stats show that majority leave within a 6 month window after accepting a counter offer. I’ve been on both sides of issue, and from my experience, I’d say it boils down to how you got the other offer in the first place. We’re you looking for other jobs because you’re not satisfied with your current responsibilities (or growth opportunities), or we’re you trying to get an outside opinion of what you should be paid?
My boss actually encourages us to periodically test the market to ensure we are aware of our value. It’s a bit strange to me, since I’ve had experiences where HR flagged me a “flight risk” and essentially was penalized because another company had reached out and I decided to be honest.
If you submitted your notice, you need to leave. Echoing what others are saying: If they know you are motivated by money and matched your new offer’s salary, they could have been paying you that amount the whole time and chose not to. It’s not wrong to be motivated by money, but if you are worried about burning the bridge or interested in being a boomerang someday, put all your effort into highlighting your integrity now.
“I already accepted their offer and it’s important to me that I be a person of integrity who follows through on their commitments. I’m sorry I won’t be able to accept your counteroffer as a result, as generous as it is! You have my word that my final two weeks will be industrious and valuable as I wrap up and transition my responsibilities here. I hope we can stay in touch!”
I somewhat disagree here. Very few companies pay you what you can get at another company, it's a known standard in the industry that the best way to raise comp is by switching companies.
Likewise, it's standard that if they like you, they will salary match.
The *only* company I know that has a reputation for pre-emptively making sure you are paid what you are worth in similar roles is Netflix.
Switch.
Appreciate the effort you put in to get the EY offer and the fact that EY recognizes your worth more than GD.
If your market value as a fresh hire is not set at X, GD should pay 1.3X to retain someone who knows the org already.
Congrats anyway :)
Something else important to consider the long term value add & opportunities that having EY on your repertoire will do for you.
I don’t know much about Gdit & assuming.
I would look at for example, life/ work balance. Compare work cultures and have clarity on the career growth with the two companies. Money is good these days, but money + a miserable human at work is not a good match. I took a low that was much junior to my previous role, but I'm happy with the other perks given when I compared my old role to my current. I have a nice balance and a great team. Not everything with a $ sign is a big win..
Salary is one aspect , but new company gives better experience, better networking. So I would go with new company with new salary !
If you really like your current company, and it was just a question of the $$$ then sure, stay. But also ask yourself why your current employer wasn't paying you that in the first place.....
If there were other issues that caused you to want to leave, those issues won't disappear because you're making more money.
Nah. They had their chance to show appreciation and didn’t.
I believe you should ask yourself if you think you’d be happy staying where you are, in the same position with the increased pay. Keep in mind there’s a reason you were looking elsewhere in the first place. And while you can’t guarantee happiness somewhere else, you won’t know unless you make the jump. Overall happiness and well-being, IMO, should be at the top of your list.
If it’s one thing I’ve learned personally, your post structure is subject to change based on the business needs. Your current company may entice you to stay, but they are really fooling you into burning a bridge with Ey.
Yes I would switch as well. Meeting the current salary isn't that impressive to be honest. This is an acknowledgement by your current company that you are in fact worth this salary (most likely the current market rate) and if so why not reward you sooner? The upshot of it is that they will have to pay market rate, plus recruitment fees (20%) and go through a transitionary period whilst the new person gets up to speed just to replace you, so it's cheaper to try and retain you. Many companies make this mistake and lose their best staff as a result.
Are you happy with you current manager and are you learning? Those to things matter a great deal.