Money has a surprisingly small effect on employee happiness. Most people who leave do so because they outgrow their role. Giving them more money to do the same stuff isn't going to have a long-term effect.
Money has a surprisingly small effect on employee happiness. Most people who leave do so because they outgrow their role. Giving them more money to do the same stuff isn't going to have a long-term effect.
This isn't folklore. There are roles and companies where counteroffers are pathological; sometimes it's overt and the company is trying to screw you over, and other times it's subtle and emergent and has more to do with the inevitable loss of traction that comes of the company preparing itself more deliberately for your eventual departure.
If I ever end up in this situation again, I'm certainly going to bring this concern up directly and immediately. It's something you can work out if you're negotiating in good faith; it's not the case that there's no such thing as a successful counter.
By this I mean, don't look to contractual provisions to mitigate the risk of a bad-faith (or bad-in-effect) counteroffer. You'll either establish real trust in your employer or you should walk.
Does this actually happen? Has it happened to you, or have you gotten rid of someone as a manager in this way?
- Signed, the guy with 23,000 karma, who was once #2 on the leaderboard and is still in the top 30.
You're under no obligation to believe me, but I've heard this corroborated by people in the know.
As soon as your manager gets an inkling that you'd rather be somewhere else or doing a different kind of work, the clock is ticking. No manager wants to waste time or energy on someone who'll move on to greener pastures in half a year.
I hear what you are saying but you cannot generalize this. One anecdote: my wife successfully got a counter-offer from one of her jobs a few years ago and stayed for a long time afterwards. her company/boss wanted her and did not think of her leaving to get a decent raise as a threat. They understood and obliged.
I mean, startups usually fail. Does that mean one should never start a startup?
Every raise have made me happier.
I will welcome every raise with open arms.