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WWMBD, Re: Counteroffer

Posted on 6/29/18 at 9:23 am
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 6/29/18 at 9:23 am
...
This post was edited on 8/23/19 at 7:31 am
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 6/29/18 at 9:25 am to
I mean I doubt a 40% raise is going to be the “lets keep her around for a little while to find her replacement” type offer.
Posted by lnomm34
Louisiana
Member since Oct 2009
12604 posts
Posted on 6/29/18 at 9:28 am to
Unique situation for sure. Several questions immediately come to mind:

Is she happy where she works? Was she looking for employment elsewhere?

It sounds like this counter-offer is a promotion. Why is this position opened now? Has someone vacated the position? or is it a new position?

Is the university position one where you'd have to move your family? Are you guys happy where you live? How does the cost of living compare? Any other lifestyle impacts?

Is there more upward mobility for your wife's career at one place versus the other?



Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 6/29/18 at 9:29 am to
quote:


I know people say dont entertain the counter


I don't know anybody that says this really.... Sounds like a no brainer to me. Only downside I can see is if she leaves in the next 5 years there will probably be sour grapes because of the raise she was given.
Posted by TheWiz
Third World, LA
Member since Aug 2007
11665 posts
Posted on 6/29/18 at 9:30 am to
What about job stressors and what about retirement options at each place?
Posted by castorinho
13623 posts
Member since Nov 2010
82010 posts
Posted on 6/29/18 at 9:40 am to
quote:

I don't know anybody that says this really....
Me, as a general rule.
But as with most everything, it's case by case.
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 6/29/18 at 9:40 am to
Great Questions.

She is happy, was not looking... The Audit VP at the university contacted her via linkedin sunday night and she had an offer tuesday.

Her position now she reports direct to general counsel, she started the internal audit program herself. There has never been a director. She has a very good relationship with her boss and her boss paid her a NYC forensics mgr salary to move here (lehigh valley, PA)...

It is much cheaper here than almost anywhere she can work , but opportunities are also limited outside of her present employment without moving.
Posted by LZ83
La
Member since Sep 2016
17406 posts
Posted on 6/29/18 at 9:56 am to
I’d just stay where y’all are.
Posted by theOG
Member since Feb 2010
10501 posts
Posted on 6/29/18 at 10:35 am to
quote:

I’d just stay where y’all are.


And send the person who made the offer at the university a care package thanking them for the raise!
Posted by lsujro
north of the wall
Member since Jul 2007
3918 posts
Posted on 6/29/18 at 10:44 am to
quote:

And send the person who made the offer at the university a care package thanking them for the raise!



This if she stays put (though don't mention the raise). She should be very gracious to the university for the opportunity, say it is not right for her at the time, but ask that they keep her in mind for future opportunities.
Posted by baldona
Florida
Member since Feb 2016
20384 posts
Posted on 6/29/18 at 10:45 am to
quote:

I know people say dont entertain the counter but.... this is a really awesome counter.


I don't think anyone says this, what people say is that if you tell your boss you got a job offer elsewhere in order to hopefully get a raise you better do it with plans of walking if they say no.

If it happens like you say, no one can blame your wife for leaving. The company has to make a decision to let her go or offer better pay.

As said, a couple things to keep in mind are her long term plans, if anyone will expect an impossible amount of work to be completed with the new raise, etc.
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 6/29/18 at 11:24 am to
Thanks everyone, alot of good advice.
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 6/29/18 at 3:55 pm to
The only thing I didn’t see mentioned: does the university benefits package offer free tuition for your children? (Yes, some do). Dunno how close your kids are to attending college, or whether the institution in question would be a good fit for them. If it’s a private university and it’s offering dependent tuition waivers, check to see if it participates in the tuition exchange program. Thus, the kids could use their waivers at one of the participating exchange institutions.

Depending on the size of your family, this kind of benefit can be incredible. Some schools even offer dependent waivers for certain graduate school programs.
Posted by birdieman
New Orleans
Member since Dec 2012
1647 posts
Posted on 6/29/18 at 6:38 pm to
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This post was edited on 8/23/19 at 7:30 am
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