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Not your job to convince your boss.
Just say bye Felicia.
Agreed AD1. I find it hard to stay. I might go out and come back one day, but I can't stay now
Always do what your heart feels right. It is your career not theirs!
True, although they go "I want to make sure you make the right decision that's the best for you"
They are always like that when you have something else on the table. Do what’s best for you. Doesn’t sound like you miss anything in the process for me. Take that opportunity with the competitor!
I think this convo happens everywhere doesn't it? Like exiting to industry, startup, firm with better brand (T3 to MBB or something like that), taking a break from work, entrepreneurship, grad school all these are fine reasons. But a competitor at the same tier of branding? That's what makes it soooo hard to convince. Like "what can the other firm do that we cannot offer?"
Progression and pay is my answer, but that didn't get through...
Either they’re unaware of how hot the market is or they’ve just drunk the kool aid. Many consultants could move firms right now and easily get a 50+% bump, particularly those who didn’t get promoted. You’re under no obligation to justify anything to them. After all, they won’t be your boss anymore.
Precious response, thanks for the reminder that "customer acquisition" always costs more than "customer retention" and works the same for wages
No one expects the Spanish Inquisition.
Seriously though, they took a calculated risk that they could not promote you and you'd stay. They were wrong. Company goal is to pay as little as possible for talented employees, which is counter to the employee goal to make as much as possible considering their talent. I wouldn't worry about it, just be polite and leave, and rest easy knowing they are going to have to pay a new person the same or more than they were paying you.
They know, OP. But they also know that they will always have talent looking to join that want to get paid well and have a prestigious name on their resume.
I like working with these folks though, hard to get friendly culture in a mostly Type A career. It's just too bad I was passed on for promo, and this competitor new in the region values that. Mostly pull factors I would say
I feel this, I’m moving or trying to for the same reasons. If you won’t pay me what I’m worth someone else will shrugg
I’m in the same boat OP. Quite a conundrum whether to leave since I have a good team here. But then you want to be in a place where you are valued. Go ahead and join the new firm- you’ll do great there. Best of Luck!
Definitely do what is best for you. However I don’t agree w statement that a counter offer leaves a bad taste and dynamics change. It happens frequently. You just can’t do it more than once. If you like it here and the firm counters w what you want then you should stay.
I would t worry about it. Two or three weeks after you leave; they will never think about you again.