4 ms·

I suspect that those (% gone with a year) numbers vary drastically by industry, and may be 80-90% or whatever in some lines of work, but are likely much lower f

by jcdavis 13y ago

I suspect that those (% gone with a year) numbers vary drastically by industry, and may be 80-90% or whatever in some lines of work, but are likely much lower for developers.

shubb 13y ago
Maybe a lot of people know that moving job comes with a 10-20% raise, so they take the counter offer while planning to move on in 6 months or so, meaning that they get a double raise... They might also feel they will be taken as a more skilled candidate if they can quote a high current salary, enabling them to score a better role at a better next employer. That might seem counter-intuitive, but if you know you are under market, people selecting employees for quality over price will wonder why.
- blueskin_ 13y ago
  Definitely plausible. A higher 'most recent salary' means more money in the new job. A counteroffer doesn't change whatever conditions about a job made you leave, be it unfulfilling work, coworkers, a bad environment, long commute, etc. - unless your only concern about the job was being underpaid, which is likely far rarer.
fecak 13y ago
Over my 15+ years in recruiting developers I'd say a fairly high number of people stayed much longer after accepting a counter than the most quoted 'stats' would have led me to believe. My only numbers are candidates I lost to counter or admitted accepting a counter in the past, so this isn't a huge sample. The secrecy of counteroffer benefits the company, as if it becomes known that a counter is your quickest means to a raise you can be sure others will follow suit. But that secrecy also has some benefit to the person who accepted a counter, as any potential questions about your loyalty or (in some situations) your perceived willingness to abandon the team during a crunch time won't be exposed and the accepter can continue business as usual to a degree.
- chris_mahan 13y ago
  Secrecy is the enemy of trust.

by jcdavis 13y ago

I suspect that those (% gone with a year) numbers vary drastically by industry, and may be 80-90% or whatever in some lines of work, but are likely much lower for developers.

shubb 13y ago

Maybe a lot of people know that moving job comes with a 10-20% raise, so they take the counter offer while planning to move on in 6 months or so, meaning that they get a double raise... They might also feel they will be taken as a more skilled candidate if they can quote a high current salary, enabling them to score a better role at a better next employer. That might seem counter-intuitive, but if you know you are under market, people selecting employees for quality over price will wonder why.

blueskin_ 13y ago
Definitely plausible. A higher 'most recent salary' means more money in the new job. A counteroffer doesn't change whatever conditions about a job made you leave, be it unfulfilling work, coworkers, a bad environment, long commute, etc. - unless your only concern about the job was being underpaid, which is likely far rarer.

fecak 13y ago

Over my 15+ years in recruiting developers I'd say a fairly high number of people stayed much longer after accepting a counter than the most quoted 'stats' would have led me to believe. My only numbers are candidates I lost to counter or admitted accepting a counter in the past, so this isn't a huge sample. The secrecy of counteroffer benefits the company, as if it becomes known that a counter is your quickest means to a raise you can be sure others will follow suit. But that secrecy also has some benefit to the person who accepted a counter, as any potential questions about your loyalty or (in some situations) your perceived willingness to abandon the team during a crunch time won't be exposed and the accepter can continue business as usual to a degree.

chris_mahan 13y ago
Secrecy is the enemy of trust.