SlanginCyberSec

Account Executive

Valued Contributor

New job offer expiring tonight, still waiting on a counter offer from my current company. What’s the move?

I have an offer from a pretty cool company. It is expiring tonight(early morning tomorrow, to be exact).

Yesterday I chatted with my manager (VP) at my current company, and he told me he wants me to stay and he was going to put together a counteroffer for me.

See, I'm okay with leaving, but there's a huge possibility that my current company is going to offer me a lot of $$$ - in that case, I might considering staying. Today, my manager hasn't been in touch, and I'm assuming he will present an offer either tomorrow or the other day- if there's an offer.

I don't think I can ask for an extension for the offer I have, I already asked them once, and they gave me three days.

What do I do in this case? Sign the offer and say no later if I decide to stay at my current?

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31 comment

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BmajoR

Arsonist

10

Account Executive

What was the motivation to leave in the first place? If it was to get away from something negative, then the more money bandaid approach will not fix things.

SaaSguy

Tycoon

2

Account Executive

Agreed- and the fact they haven't had more urgency, it seems they just want the offer to expire and keep you where you are.

happyhunter

Politicker

8

spittin' sunshine

Why weren't they paying your worth from the beginning? Most people who consider leaving and then stay due to a counter offer end up leaving within a year....on to new beginnings my friend!!!

barney2021

Tycoon

0

Account Executive

I agree with this completely. Onwards and upwards

SaaSam

Politicker

4

Account Executive

My worry would be if I stayed with my current company would the use the fact that I almost left against me when considering promotions or future raises because they saw it as disloyal. I'd go with the new company

RaymundoFlex

Opinionated

1

AE

I disagree with this line of thinking. Not disloyal at all, don’t be a slave to the man. Plus, if anything, they now know if you aren’t happy you’ll deep - better keep you happy 😏

SaaSam

Politicker

2

Account Executive

I agree that it's a terrible way of thinking but unfortunately it's a common way of thinking in senior leadership. They can tend to take it personal when employees leave

poweredbycaffeine

WR Lieutenant

4

☕️

Never. Take. A. Counter. It is the poison apple that will eat at you from the inside. If money is the reason you are leaving, and you get the money to stay, then you'll find another reason you'll want to leave (often hidden by the money) in no time.

cokelon

Politicker

4

Direct Sales Lead

Honestly I wouldn't stay even with a counteroffer, there is always going to be that memory of when you almost left and some can take it as bad blood. Also why weren't they offering you this much more cash in the first place? why only when you are planning to leave?

Why were you looking at another job in the first place? if you are happy at your job even if someone contacts you about another opportunity you can say "not right now thank you". Personally I would take the offer from the other company which showed interest in me and if the number make sense.

Kinonez

Celebrated Contributor

3

War Room Enthusiast

Wait for the counter offer as long as you can, if it doesn't come by the time the extension expires take it! It might not come at all or be good enough for you to stay.

Patbate

Politicker

2

Product Advisor

Communicate to your current boss that you have a deadline (tell him your deadline) and you would love to entertainment his offer but you respectfully need to make a decision on whether you’re going to take his counteroffer or take the offer from the potentially new company by x date.

PhlipOut

Politicker

1

Account Executive

I've you've decided to leave (to the point of getting an offer) then jump.
I'm sure there is more than just money.
A counter offer will keep you around for a lil while, but that's it.
go.

CuriousFox

WR Officer

1

🦊

Accept the other offer and move on. Your current company should have jumped on the opp and they are dragging their feet. Move on.

FeedTheKids

Politicker

1

Solutions Consultant

Counter offer is never worth it - bag your bags your starting a new venture. Congrats -

CaneWolf

Politicker

0

Call me what you want, just sign the damn contract

It sounds like you aren't okay leaving as everyone told you to leave in the last thread about this....

SlanginCyberSec

Valued Contributor

0

Account Executive

What last thread?

CaneWolf

Politicker

0

Call me what you want, just sign the damn contract

Ah, sorry!!! We had somebody else who was in the exact same situation like 5 days ago. I guess that wasn't you. My bad!

The consensus was to leave because you've decided to and also, on several threads, we've talked about never taking counter-offers here.

SlanginCyberSec

Valued Contributor

0

Account Executive

Oh, that makes sense! Well, I can see how accepting a counter-offer can be a problem because nothing changes other than the salary. The issues that led me to seek another offer are not all $ related. But I’m trying to buy time to see the counteroffer in case if it’s enough money to deal with BS for a little longer 🤷🏼‍♂️

CaneWolf

Politicker

1

Call me what you want, just sign the damn contract

You're also the first person who can get chopped down when layoffs and stuff hit because you're already gone in their minds. Are you lukewarm on the new company? I can understand wanting to stay if you're just meh on the new opportunity.

sales7

Politicker

0

Commercial Product Enablement

If you're that close to leaving, I say leave. it'll be unlikely that you staying would be long term anyway

RaymundoFlex

Opinionated

0

AE

You’re getting played. Sign the offer, your company values you x much but has been paying you x minus whatever they counteroffer. That’s wack. Tell them too little too late.

SaltyStephSalesSpecialist

0

Account Executive

Take the offer you have on paper no question

GreenSide

Politicker

0

Sales manager

Never take the counter offer. In hindsight, I wonder if you had mentioned that to the new org if they would have raised their offer as well. Possibly too late at this point if you didn’t already

DungeonsNDemos

Big Shot

0

Rolling 20's all day

I’m curious to hear what you ended up doing. How did things shake out?

YoursTruly

Politicker

0

Account Executive (SaaS)

Accept. You can always rescind

sellingsellssold

Politicker

0

SDR

If the company your at now really wants you to stay they should offer the company match with the same amount of money and possibly good benefits. I would wait and see what happens and then take a couple of days to think it over! Best of luck

GDO

Politicker

0

BDM

Why were you leaving. If the reason is not money, you should leave.

eman

Politicker

0

Account Executive

Accept the new offer, if counter offer is good, decline the offer you just accepted

ColdCall

Valued Contributor

0

Account Executive

The word 'possibility' is a red flag! If a deal said they would 'possibly' close this month, would you forecast on it?

This sounds like they don't have the time to support and manage you, and frankly explains why you're leaving.

Accept the offer and move on (assume offer is more than you're on?)

As the offer expires you should accept it. If they did over you enough money to stay and you feel that is the right move you can burn a bridge and reject the offer you accepted.

dadasaurus

Opinionated

0

Enterprise Account Executive

Take the new gig. Without a doubt.

CRAG112

Valued Contributor

0

Account Executive

Take the offer. You don’t have to take the job. You owe yourself the best.

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