Quote:
Originally Posted by Saul Good
Neither have I. Then again, my raises have been about 3% over the last 4 years, so maybe I need to re-think my strategy.
If the new employer offers me 20%, and my current employer offers me 10%, I'm thinking I'll probably stay. Anything less than that makes it really tough to decide. The more I think about it, the more I wonder if this isn't about stroking my own ego. If my current employer told me that they could only offer me 7% but really hopes that I will stay because they realize that I am valuable to them, that would probably mean more to me than them offering me 10% and telling me to take it or leave it.
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I'm not offering this as advice, simply as an anecdote. My wife and I went to undergrad together. She's a year older than me, graduated a year earlier and went to grad school. I graduated and took a job. When she got out of grad school she had an offer with a company in Pittsburgh that she really wanted to take. I went and interviewed with them, and they made me an offer for substantially more than I was making at the time. In the end, I convinced her to move to KC.
I took my offer letter from the other company in and gave it to my boss. I explained to him that I wasn't looking to negotiate and that I had already turned the offer down, but I wanted him to know what my market value was. My next raise was to the exact level of that offer.