quote:
I disagree. I find there are much more important things to forming a career than 'chasing money' at every opportunity.

The first 5 years out of school, development and exposure to the right opportunities is more important to me than the highest salary. Of course, it is ideal if it all three align.

I am slightly old school on this topic. I generally think that 2 years is the minimum otherwise you start creating red flags. This depends on the industry/job skill, naturally.

I do not think it is an issue if the person leaves for a higher paying job when the two positions are practically identical. That is what I believe at least since that is the position I am in as far as staying or changing jobs. I am 3 months away from saying I have worked for 2 years for my current employer. There is another employer that hires for the same work I do here, and they could offer me $30-$40k more in base pay. I have been studying the perks of staying and leaving for several months, and ultimately the increase in salary would outweigh the perks of staying. Considering I will continue to develop in the same field of work regardless of which employer I am working for.

That goes without saying if my current employer can up the ante then I will have no reason to leave.

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Posted by lynxcat

Member since Jan 2008

24121 posts

Posted on 7/9/13 at 9:27 am to RickAstley

quote:
I do not think it is an issue if the person leaves for a higher paying job when the two positions are practically identical. That is what I believe at least since that is the position I am in as far as staying or changing jobs. I am 3 months away from saying I have worked for 2 years for my current employer. There is another employer that hires for the same work I do here, and they could offer me $30-$40k more in base pay. I have been studying the perks of staying and leaving for several months, and ultimately the increase in salary would outweigh the perks of staying. Considering I will continue to develop in the same field of work regardless of which employer I am working for.

That goes without saying if my current employer can up the ante then I will have no reason to leave.

If it is apples to apples and you are around the 2 year mark, then you can easily justify a 30-40k bump as the reason for your leave.

Typically, 30-40k bumps are not the same job so there are development criteria to consider.

The difficult question is whether you give your current employer the opportunity to match the competitor when an offer of 30k+ comes through the door. Some employers might tell you good luck, others might tell you to not let the door hit you as you leave, and others would be thankful for letting them have a chance to keep a resource that they are evidently significantly underpaying.

I think the decision of how to handle it comes down to relationships. You also have to be mentally prepared to walk out the door the day you bring up another offer.

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Posted by RickAstley

Reno, Nevada

Member since May 2011

1994 posts

Posted on 7/9/13 at 9:57 am to lynxcat

quote:
The difficult question is whether you give your current employer the opportunity to match the competitor when an offer of 30k+ comes through the door. Some employers might tell you good luck, others might tell you to not let the door hit you as you leave, and others would be thankful for letting them have a chance to keep a resource that they are evidently significantly underpaying.

I think the decision of how to handle it comes down to relationships. You also have to be mentally prepared to walk out the door the day you bring up another offer.

I have two other coworkers that did this to my current employer. Both went out and interviewed with competing companies and both got extremely nice offers. One of my coworkers immediately signed his papers and never gave my current employer a chance. He went from $75k and $10k in bonus to $100k and $25k-$40k in bonus. I nearly shite myself when he showed me his papers. It has been 7 months since he left and he has not complained one bit, and he is doing the same work there as he did before.

The other coworker managed to work his offer from a competing company into a better offer from our current employer. I have 1 year less experience then the guy above, so I am making considerably less than he was when he left my current company. Although seeing how much of a pay increase he received, I don't doubt that I could see something similar.

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Posted by BayouBengal

Member since Nov 2003

28275 posts

Posted on 7/9/13 at 9:58 am to Ryno_Kill

quote:
I just did this but in my defense my salary could double.

Is the new company just as secure and stable? I've had opportunities in the past to increase my pay and wouldn't blame anyone in my spot to go for it but the new companies were much smaller and potentially not as stable.

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Posted by Captain Ron