What is your experience with counter offers? Did you accepted and stayed? I read that most people either leave or get fired shortly after. Thoughts please.

like
Posting as :
works at
You are currently posting as works at

I have a good friend who took a counter offer and was happy to stay afterwards. I think this only works when your only gripe with the company is $ and you love everything else. Otherwise the pay bump will just be a temporary bandage over the underlying cause contributing to your dissatisfaction.

like

Agree. But sometimes the counter offer includes a promotion which could be the reason why you want to leave

like

Taking a counter offer and staying is objectively the wrong choice, your pay increase will be reduced over time and you're still better off elsewhere.
If they're willing to underpay you until now, they will continue to do so.

like

Shopped around and got an outside offer (lateral, 25% bump) because 1) I was underpaid and 2) my assignments weren’t aligned to my background (roles were uninteresting and below my capability), so found what I felt was a practice that could offer better work more consistently. Went to resign, and higher ups offered to immediately match the offer and assured a promotion in a few months. After some digging I found the outside practice prob could not offer substantially different work. So I accepted the counter and stayed. Few months later I get promoted and another raise (this would’ve taken 1-2 years at other firm), pretty cool. Felt like I really came out ahead in both comp and title by taking the counter. But then a few months later I got a dogshit assignment that was more suitable for a first year analyst. Was really bummed about that, so responded to some old LinkedIn messages and got a new offer, this time did not entertain the counter. Live and learn

like

Thanks

It could be good if u got a new, challenging role and $$ - if it is just $ then you may get demotivating rather soon

like

For me it’s mainly the type of work and project which is being promised to be changed. Although they will not be able to match the dollars. I like the firm and people and sort of feel comfortable here and worried to go and establish myself from start in new place.

like

Ultimately the pay bump/counter is not going to make you happy OP

I shopped around for jobs and picked up an well paid job at a start up. Got a counter offer which was good monetarily but i had mentally checked out at that point so i decided to leave anyway. I was not doing the role any justice anyway as i didnt feel motivated about the work and also i knew i would be unhappy staying there when i saw others getting more $$$.
High risk high reward dont take the counter. The higher paycheck also equates to more work responsibility and expectations

like

Thanks for your responses

like

Related Posts

Deloitte US just announced layoffs. Any other B4 started layoffs too ?

like

Layoff in IQVIA?
@iqvia

like

Hi all,

Seeing some posts on layoffs in barclays. Is it true and which category of Employees will fall in that list.

like

Any creatives impacted by Forsman Bodenfors layoffs? That agency does beautiful, powerful work.

like

With so much uncertainty in the economy and waves of layoffs that have hit tech especially hard... do we think there's really such a thing as a recession-proof job anymore if you're not an "essential worker"?

like

Will there be any impact in Fidelity Investments due to recession? Will there be any job cuts? Please update.

like

Hi all,

If people are getting fired from companies only.because they are on bench for more than 3 months, is it wise approach to switch with higher salary now?

Please list companies who are firing people or asking them to resign so that we get a fair idea of which company to join?

Share thoughts pls 🙏

like

Has anyone been able to negotiate anything extra or terms when being laid off?

like

How is everyone feeling amidst these layoffs? Hope everyone is taking care of themselves!

like

I got offer from IBM in my home location itself, with 18.5LPA fixed for 9 yea in automation testing. Here my manger is confusing me like layoff will after u join in IBM.. but I am in cts as 11.2 only .. but now I got SA promotion with 10 % hike .. and also no retnation for me also not there whether I can choose IBM or stay here .. kindly help guys .

like

Is there a risk of accepting a role with Upstart currently? I seen a 7% layoff recently for hourly employees but I would be salaried. I am well aware it’s a risk in tech overall right now but curious on thoughts thanks!

likeuplifting

After 10 years of working as a FTE PM/producer I’ve now been laid off (thanks Covid) and am looking to start freelancing for the first time. What advice do you have for a new freelance PM/producer?
Also, what kind of insurance do you take out as a freelancer?

like
like

Has anyone working tech for a bank been laid off yet? Tech layoffs all over the media but no one is talking about developers at banks (who make up 1/3 of headcount in some cases)

like

So someone I know asked HR about a boot policy. When he found out that there wasn’t one, but his boss said there was (who gave the guys $ for boots and the claimed it on his expense reimbursements as something else) the boss got mad at him for askingHR (and in trouble for the expense reimbursements) and then 2 days later laid off my friend. There appears to be no notice of bad performance and this person always was the first person on the job site ready to work. Thoughts?

like

Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?

Exp - 4 years
Tech stack - Java, Spring Boot, Microservices

EPAM Systems Cisco Nokia Dell Deloitte Deloitte USI Deloitte India Infosys Cognizant KPMG EY PwC Verizon Verizon Media Ericsson Huawei Technologies

like

So I've had 2 hiring managers and several recruiters from Amazon reach out to me about applying for some open positions with the company (android). I completed the coding assessment and now they want me to go through a round of 5 hour interviews next week. Is there a good chance I'll be hired if engineering managers are reaching out to me? I'm really not sure how badly I want to work for them and I don't want to be laid off months after being hired on. Anyone know what Amazon hiring is like?

like

Should I negotiate a severance package even though it’s not in my contract and it’s not required by UK law?

like

More Posts

Hi All, Which company is better in terms of all the aspects like wlb, culture, benefits and so on..

1) Rakuten - 25 LPA
2) Applied Materials - 27 LPA

YoE - 5 years, Java

like

Anyone hiring fully remote AEs?
28% close rate, 65% win rate. Top in my segment.

like

What do you tell students when they ask what busy season is like, and how long it lasts?

like

What’s base salary for a FAAS Senior Consultant at EY in offices like Atlanta, and what’s the pay difference between a 2nd year and Senior in that role.

like

What is non fs audit EMEIA Nordics at EY assurance? Don't we work for any specific sector?EY Deloitte Grant Thornton KPMG PwC

like

Men are too emotional to be President

Post Photo
likefunnysmarthelpful

Hi All, Which one should I joined
Tech-python developer
YOE-5 years
Capgemini 21 LPA including variable
Wipro 24 LPA including variable
Tech Mahindra 24 LPA including variable
Synechron Inc. 24 LPA fixed

like

Made a mistake: I bought a watch instead of an iPad for grad school use.

like

What sort of decisions you make as an executive after analyzing P&L statement?

like

Showers feel fukin amazing

likefunny

Do we need follow any dress code when working from office?

Formal/Smart Casuals/Kuch bhi ??

like

How much do you tip your driver? I’ve never used ride share before but will have to start this month for work and I’m scaaared lol tipping makes me anxious so please let me know!

like

Hi Fishes,

Can anyone shed some light on how is FIS Global?
I'm in interview process for Business Analyst-Trade Surveillance/Regulatory Reporting.

I understand that in most cases folks with <2 YOE will join with the same title as UG campus hires. How many YOE (or months of experience) will qualify you for a higher pay band (compared to campus hires)?

The answers might vary across firms and I’d appreciate if you can specify which one you are referring to - TIA!

like

I can’t find a new job after searching for more than a year at this point. BRUH

like

What’s the most dangerous/ reckless thing you’ve done for some ‘action’? Drop your best story 🍿

likefunny

Which side wins the trade? Justin Jefferson, Aaron Jones and AJ Dillion for Mark Andrews, Derrick Henry, & Alvin Kamara?

like

How do you all feel about D&I Reports? Do you think they’re still valuable and a stand-alone report or part of an integrated corporate message?

I'm looking for someplace open late where I can go and write on my laptop. Like tryst used to be, but now they're closed at 9. I don't need wifi.

like

Proost guys! I am almost running out of all my whiskey and beer ha. Let’s see what you guys are drinking tonight?

Post Photo
likehelpful

Additional Posts in Consulting

Best consulting firms without the massive ego?

like

Best / Biggest Happy Hour City in the US?

like

I’m considering a move to Chicago from Minneapolis. So what are peoples thoughts about Chicago? A friend suggested I rethink it because of ridiculous traffic and gang crime starting to infiltrate the north.

like

Day 1 here.. What topics are off limits? Client lists, billing rates... What else?

For those who interviewed for FAANG, Snapchat, TikTok or other tech companies, do they typically offer signing bonuses, like consulting firms? Or if asked for one, do they usually give?

like

Can't stand people shaking their legs under the table. Geezzz.

like

Anyone here taken a career break (6 months or more? How hard was it to get a job again? Did you have to explain why you took a break? Any other cons I should be aware of?

likehelpful

Any good books or recommendations on sales? Sales tactics trips and tricks?

like

I have 26k Hertz points... Are these any good for anything? I'm never going to use the rentals....

I know Mck is the top for strategy, but in terms of digital/design in top consulting firms which do you think is better? Mckinsey digital or deloitte digital? (Or another..?)

like

What are some good questions to ask prior to agreeing to join a project to make sure that the hours are chill and team is good?

like

One of my lead partners is super nice to in front of others but then really mean to me when we meet 1x1. How to deal with this?

like

Heard frm a friend at pwc that in consulting they have per diems. Is it for all practitioners and practice? Seems tight on budget.

like

What is a perfume that men find irresistible?

likefunny

Anyone knows how is the hiring process at LEK Consulting for an Associate role?

like
like

How long does it usually take for Deloitte to get back to you after the first round for consultant position?

like

Poll: What dress code do you follow at your home office?

What's a job or lifestyle where you are chatting with people all day?

You know it's a slow week when the highlight is when your comment to a fishbowl post gets more upvotes than the initial post

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal