Re:Never accept a counter-offer
by stretchwithme on Sunday October 02, 2016 @07:15PM
(#12624768)
Sometimes I wonder if some tech employees would be better off with managers who took a cut negotiating for them, at least until their value is established.
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In my experience, all raises are based off your hiring salary. You start at $100K, you gets several 10% raises, you end up at $100Kx1.10. If you start at $75%, same thing. $75Kx1.10. Rinse and repeat. After 5 years, you are significantly behind based on that initial negotiation. Also, I've read never take the first offer. YMMV.