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I think it depends on where you are in the salary band. If you’re on the low end (and a pay adjustment is somewhat feasible for the firm) you may have better chances than if your current comp is fair or higher now. If you have a technical skill/other skill that is needed that will also give you more leverage. However, I have heard pulling a move like this can hurt you in future evaluations down the road
Yes. Bringing up an offer from another company to get yours to match will leave a sour taste in your current firm and will likely bite you back in the future
I always say this: even if they match, they'll just screw you in the future raises to bring you back down to your peer group. You'll get 3-4% raises for the next few years while everyone gets 10-12%
So is it better to just jump ship if the other company is offering a higher salary than to go back to your company and try to negotiate?
Rarely (Never) accept a counter offer from your firm. Just leave. It won’t go in your favor long term if you get counter offer and stay.
I brought back a signed offer letter of a 40% bump and got matched.
How recently D4?
I have heard from friends that they received matches too. It’s about how you go about it and bring it to a PPMD that you have strong relationship with.
Have you just plain asked for a raise and approved or denied- that will tell your value at current firm, do so and give mgmt a reasonable amount of time to react. Companies like to think they compensate fair. Matching an outside offer will always be opposed by HR, and will only get matched if your manager can justify it with short term need for you- unless your experience is quiet strategic to the company, don’t over estimate your worth- you will be the overcompensated liability.. Go with the new firm that thinks you are worth it because you would be an investment not a liability sacked when the economy goes south.
Never make a decision primarily for the money or else those the levers others will use to control you.
Is the work meaningful? Are there growth opportunities? Does the job grow and stretch you?? Do you enjoy working with your colleagues? If so these are abundant reasons to stay and rather negotiate if you feel you should earn more.
If anyone came to me with well, so and so is offering me more, I’d congratulate them and wish them well
If you are interviewing with other companies, because you feel that you are not being paid what you are worth, then why stay with the current company?
Not at the SC level, you are easily replaceable
D4 - Really?! At Deloitte? I’ve never heard of such a thing
I like what I’m doing and the people I work with but I’m on the low end of the pay scale
No please leave
I know someone who worked for a b4 that matched the offer, but she has over 8 years there.
I second what D1 and D2 said. I had a friend from Accenture where she decided to stay back because they matched her offer. She left the company anyways within an year.
I mean, have you had any year end evaluations or things of that nature too? And what is your level? Thanks in advance for clarifying!
Past year had 4 years experience was at SC level
Was at one big 4 making 74k then switched to another big 4 and was offered 110k didnt even ask the first big 4 to match....