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Negotiating raises via counteroffers is a very dangerous practice. The employee will tell everyone how they got their raise (and it will get out), and suddenly
by icelancer 8y ago
Negotiating raises via counteroffers is a very dangerous practice. The employee will tell everyone how they got their raise (and it will get out), and suddenly you have a much larger problem on your hands rather than a single engineer leaving.
Set up a fair, proactive, and objective way to obtain more money, and never deviate.
- pixl97 8y agoOr, when you leave a company remember to send a company wide email to your old coworkers telling them how much more you make now : )
- icelancer 8y agoSearching any listserv or salary database will get you that information.
- mac01021 8y agoNot sure that's true. In most of the country/world local employer don't have salaries in a publicly available database. And there may not be enough of a tech scene in a city or region to bootstrap such a database easily.(assuming we're concerned specifically with tech/software salaries)
- nitrogen 8y agoIn the US, the Bureau of Labor Statistics can give a rough histogram of salaries by occupation for most metro areas. I can't ever remember how to find the data though.
- giancarlostoro 8y agoIn Orlando we have a Slack group for all the devs in the city and at the end of the year they do a salary / tech survey everyone fills out. Gives anybody in the city a good idea of what compensation looks like. Other cities could build similar surveys if they want to. You dont need a million devs just enough to be willing to pseudo-anonymously answer. Then based on pay by years of experience you can gague how low your salary is.
- frobozz 8y agoIt would get you averages or the salaries of people whose marketability you don't know. It doesn't get you "Hey! That bozo now earns £20K more than me"
- k__ 8y agoIsn't it common knowledge that people in new jobs make more money?
- k__ 8y agoI know this problem well, but what can one employee do? If one company tries to poach me, should I simply keep it to myself that there is someone who is willing to pay me much more?
- giancarlostoro 8y agoIt depends how confident / you are with the relationship with your boss. If they are someone you can tell that you are seeing way more money elsewhere, then you may want to tell them. If you are uncertain you could be taking a gamble, but if they are looking to replace you, you may not want to work there anyway.
- rubidium 8y agoI use it as leverage at performance review time. Non-emotional, but “hey I like working here and contributing to the goals of company x, but I want you to know I’ve received an offer for $z. I believe that’s a fair evaluation of my market rate. I’d like to see a commitment from (current employer) that matches that in the near future. Do you think that is workable?” You clearly need to be someone your manager is willing to fight HR in order for this to work. But it’s been effective for me.
- icelancer 8y agoIf money is more important to you than the culture/non-monetary things the current job offers, then leave. You can try bringing it up to your manager and get into a higher position, where a raise would be appropriate, but when people try to leverage other positions against our business for higher salary, I deny them 100% of the time unless we are talking about a promotion that makes sense.