So a competitor came to me and offered me a rather substantial package to leave my firm. The manager at the other firm made it somewhat ridiculous so that my current employer would not be able to match it. I went in to my boss on Wed and informed him that I had been made an offer that would be criminal to turn down. He asked for 24 hours to counteroffer and refused my letter of resignation. Considering that I dig my job, I honored that request. Anyway, they didn't just match it, they trumped the competitor's offer. So....considering that the other company has put so much time and effort into trying to steal me away, whats the best way to drop the bad news for them that I am staying put? I was supposed to start April 17 but thats not going to happen anymore.
Just tell them professionally that you have accepted a counteroffer to stay where you are. Whatever you do, don't try to start a bidding war. You could end up losing both.
Wow, nice. Keep the current job, and hand the letter of resignation (edited) to the company that tried to steal you.
I am a Recruiter, and I get this every day There are 2 things you can do. 1) Inform the other company that your job has offered you more money, and you will more than likely stay there. In some events you get a counter-counteroffer, to where they may give you slightly a little bit more. Try this one out first. 2) Weigh your options. Which one is closer to you? How are the hours at both places? Money is great, but comfortability is the ultimate when it comes to your jobs. Then when you decide, accept an offer.
You're a lawyer? Is so, what type of law do you practice? I have been seriously thinking about applying to law school. I know I would get in without problems, but I am just weighing as to whether or not it's worth it down the line (say, 5-10 years from now).
Couldn't put it better. The other company knows the name of the game so there should not be so much to worry about. I find it hard to say no to people but at times like these you have to be a pro and do what you have to do. Send them a thank you card. Appreciate them for their flattering offer and interest in you. And then wish them the best in the search for someone to fill the void. Do it in a timely manner (i.e. quick enough to allow them find another worthy person to feel the spot).
Thanks cwebb... 1) This was good advice. I just got a counter-counteroffer. This is complete madness. My wife thinks I should be ecstatic but this is insanely stressful. 2) I'm going to weigh both of them this weekend and make a decision Sunday. Basically my current gig is with an amazing stable 800 Pound Gorilla of an investment bank and means long term career is locked in with them. They consider me "a keeper." Its very stable, although possibly a little boring at times. The other gig has more upside. Its just pure trading with no limits to how much money I can make. The only problem is that its a hedge fund, and it could disappear, leaving me jobless. Lots to think about. And I just had a baby, further complicating matters. I havent really slept in a week. Its going to be an amusing weekend.
i think the rabbit and the turtle story fits well here, slow and steady wins the race................. in this case slow and stable wins the race in my opinion.
If you were single I'd say go for the mula. Since you have other obligations - take the stable route. My humble opinion.
good advice. the hedge fund seems a little too risky.... plus, it's not like you'll be hurting financially speaking.
Congrats mateo.. I'd stay with the company I already know plus if you like the people you work with it's even more of a reason to say, but we all know money talks.. good luck..
I like this advice. Very professional. Also, I concur on the slow and steady. Then again I also have a wife and baby.
Yep. Family makes a huge difference in the risks you're willing to take in life. Also sounds like the Hedge job would demand more of your time as there's probably more pressure to perform and more pressure to be seen at the office. As the kids get older, you will not want to be working 60-80 hours a week.
wow.. sounds good The first job sounds good and the fact that they were willing to make the counteroffer shows they want you to stick around badly.. stability is often good..
