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I'd take a counter under the following scenarios: 1) Company knows they are going to eliminate a team within XX months. I'd take a huge counter (3x salary) to
by CyanLite3 9y ago
I'd take a counter under the following scenarios:
1) Company knows they are going to eliminate a team within XX months. I'd take a huge counter (3x salary) to stay on to help shutdown a project or sell the company. 2-3x salary in these cases are fairly normal when a company gets sold and they just need help transitioning to the new parent company.
2) Company offers a severance package along with it. E.g., we'll give you a salary bump and a 12-month severance if we let you go without cause, within one year.
However, I've been on both sides, and I've offered a counteroffer to anyone who is leaving and I wanted to keep. Any company who doesn't do that probably doesn't have good developers who are constantly getting recruited on LinkedIn.