How to handle counter offer?

Cisco
mac book

Go to company page Cisco

mac book
Dec 17, 2021 16 Comments

Got a good offer, just resigned and my director reached out asking me to stay. Even offered me immediate promo.
I didn’t expect it. I actually want to stay coz the counter offer is really good but I have already accepted the offer from new company.
Help me decide.

Current TC 200
New TC 260
Counter 340
yoe 6

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TOP 16 Comments
  • Amazon
    UGNv63

    Go to company page Amazon

    UGNv63
    The general advice is to never take counters. It’s best to leave if you accepted another offer.

    If you really like the company and the counter then come back after a year as a boomerang. Companies love those and you’d probably get in at the level you were countered at. Just make sure to leave on good terms.
    Dec 17, 2021 2
    • Apple
      mhew28

      Go to company page Apple

      mhew28
      I just posted this on another thread with a similar topic…

      Where did you hear “never accept a counter” from? Have You ever heard it from someone who has actually accepted a counter offer? To me this doesn’t make sense - Most managers know (or should know) that their employees can and will jump for a better opportunity. If you have a good professional relationship with your boss, and if they are mature, you should be able to have a good working relationship after accepting a counter.

      Several years ago (before I joined Apple) I got an external offer and told my boss. He escalated to his boss and they gave me a counter offer that was 33% higher than my current TC. I accepted, and ended up staying with them another 2 years.

      After that episode, I continued to enjoy a good working relationship with my bosses. Furthermore , I was taken more seriously and was more highly respected at work - my manager knew that he couldn’t just dump crappy projects and grunt work on me or I would leave.
      Dec 17, 2021
    • Amazon
      UGNv63

      Go to company page Amazon

      UGNv63
      Yeah i mean if it worked for you then that’s awesome.

      I think the reason the advice is given is under the assumption that you were leaving for a reason.

      If that reason was unrelated to compensation/promotion, then that still exists if you accept the counter.

      If that reason is related to comp/promotion and they counter then it shows they never really respected you because they were fine with underpaying you and wouldn’t have given you that raise/promo otherwise.

      For some people they are fine with knowing they could’ve been making more this whole time but their manager wouldn’t give them more unless they had another company willing to pay them more/promote them. For some people they don’t want to keep working there knowing that fact.

      Whatever floats your boat.
      Dec 17, 2021
  • It all depends how much you trust your manager and if that promo is really true and helps you succeed. Always remember there is a cost to switch a company and a big risk.
    Dec 17, 2021 0
  • Wayfair / Data
    Wayfi

    Go to company page Wayfair Data

    Wayfi
    Tc? YOE? Level?
    Dec 17, 2021 2
  • Twitter
    twerped

    Go to company page Twitter

    twerped
    I've taken a counter and it worked well for me. If you had a good relationship and you were only leaving for comp, then I would take it.
    Dec 17, 2021 0
  • Applied Material / Other
    brainydude

    Go to company page Applied Material Other

    brainydude
    Been through it. Taking the strong counter/promo worked out well if you expect good growth after you stay
    Dec 17, 2021 0