Counter offer

Intel hoolie
Sep 12 35 Comments

Gave my notice today and manager asked me to stay and dicuss my new offer.

I am yet to have a meeting but would love to know what should be my response.

3 cases :
1) They offer slightly lower than the current offer
2) They offer the same
3) They offer more than the current (Highly unlikely)

Would like to get opinion on either of these three cases

Should I stay if counter offer is same or more?

Current TC : 150K
Offer TC : 230K (Almost 50% bump from current TC)
Counter Offer TC : Yet to Decide

YOE : 4 Years

comments

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TOP 35 Comments
  • Cisco gutki
    As someone mentioned few days back in response to a similar post : Never. Accept. Counter. Offer. Period. Once they know you are a flight risk, you would never know how and when they would hit back at you. Just leave - politely and amicably.
    Sep 12 7
    • Intel hoolie
      OP
      Forgot to mention, I currently work at Microsoft.
      Sep 12
    • Tesla / Eng 🐉⛈
      This is BS. Not true at all, it really depends on the relationship with your manager. If you know you're on good terms it can be worth staying. Most competent managers will tell you straight up if you don't feel like you're getting paid enough to get counters so they can battle HR/Comp team.
      Sep 12
    • Google kill -9
      This is BS. Plenty of folks at Google who took counters to stay, no harm done. They aren't likely to give you another counter if you say you're leaving again.
      Sep 12
    • Tesla lambdaq
      That’s not true. If company gives you a counter they want to keep you cause you add the value to the company.
      I’ve seen folks who were let go without counter offers at Tesla cause they were jerks in the first place.
      Sep 13
    • Mesosphere / Eng Onesie
      Yeah, this not accept counter offer BS might be true for other firms but not top notch employers in technology. It’s hard to find good people and counters are very common. Also, I have seen enough people sticking around post the counter.
      Sep 13
  • New / Mktg
    SrZeroCool

    New Mktg

    PRE
    IBM
    SrZeroCoolmore
    Don't accept but hear them out. Don't burn bridges.
    Sep 13 1
    • AT&T MsdR32
      Also, I'd they meet or beat your new offer you can ask the new company to go higher too
      Sep 13
  • Citrix Systems / Eng ಅವನೌನ ಹಡಾ
    Which company are you going ?
    Sep 12 4
    • Intel hoolie
      OP
      Amazon
      Sep 12
    • Citrix Systems / Eng ಅವನೌನ ಹಡಾ
      Congrats. I would say move on. What level ar msft ? And can you split your tc at amazon ? L5 ?
      Sep 13
    • Intel hoolie
      OP
      62 at MS
      L5 with 151k/49k/30k
      Sep 13
    • Amazon live2code
      Wait, how is that $230k a year? It looks like it’s “only” $200k... you don’t get RSU plus sign on bonus in the same year
      Sep 13
  • Microsoft / Eng I'm Batman
    First thought- that place is toxic. GTFO!
    We don’t know what you do or if you like it there, where the next offer is from, were you looking for a new gig, or ...
    ?
    Sep 12 1
    • Intel hoolie
      OP
      Thanks
      Updated the post for TC
      Check it out
      Sep 12
  • Microsoft bEQF03
    Everybody on Blind says not to accept counter, but I wonder how many are just parroting what they hear from others. Examples of people getting fucked by this?

    For example, if somebody currently in Seattle gets a big offer to move to Bay Area. In the unlikely event they get matched, why not stay where they're wanted and basically getting more after factoring in taxes and cost of living?
    Sep 13 2
    • Intel hoolie
      OP
      Totally agreed with your response.
      However, I am not moving anywhere so we can rule out the location factor
      Sep 13
    • Tesla / Eng 🐉⛈
      Agree, this advice often comes from some recruiter opinion piece that says how's it terrible to accept a counter.
      Sep 13
  • Microsoft make 💕
    Don't worry. Microsoft will not offer you a counter offer. Unless you are a rock star. In the best case they will offer you some extra money but less than your current offer. Most likely your manager will just try to talk you into staying "for free" - like better opportunities and blah-blah.
    Sep 13 0
  • Uber / Other yippeee
    Don't take counter offers to stay - very risky
    Sep 12 2
    • Intel hoolie
      OP
      Should I at least hear their offer?
      Sep 12
    • Uber / Other yippeee
      Sure why not. But be sure to remember the reason you interviewed elsewhere and am leaving
      Sep 13
  • Amazon SomeName2
    I think the stat is for most people accepting counter offer from current company leave within 6 months.
    Sep 12 2
  • Microsoft / Eng I'm Batman
    How long you been at Intel?
    Sep 12 1
    • Intel hoolie
      OP
      Currently at Microsoft
      Sep 12
  • New / IT XiRl45
    Never ever accept counter offers after giving notice
    Sep 13 0
  • Microsoft / Eng I'm Batman
    How long at ms?
    Sep 12 1
    • Intel hoolie
      OP
      1.5 years
      Sep 12
  • Goldman Sachs kach1947
    It can go either way, tbh. One of my colleagues had an offer from one of FANG and his manager at GS persuaded him to stay. This was about 2 years back, and he is still here (at least as of last week). He has not been laid off, or didn't leave on his own - contrary to other opinions here.

    It does come down to other in-tangibles, such as WLB, do you care about the brand/name of the company you are moving to, and what are the cons of moving there, etc. I'm sure you have thought of all of this already, but if you are set, then my (personal) suggestion would be to quit, politely decline any sort of counter offer, and move to the new company.

    If your manager is on good terms, and if he/she is still there at your current place (MS?), then he will reach out to you again after a year or so, and you can go back as a lateral, usually with a pay bump (again) - so, that may happen as well.
    Sep 13 0
  • Twitter pNAK04
    Do not accept counter if they counter a future RSU or promotion.
    Sep 13 0
  • Teradata EldV65
    It’s no harm in listening the counter offer but never accept. There were reasons in the first place right that lead you to branch out for new offers? Why look back now ?
    Sep 13 0