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I dont know what type of work it is, so it's hard to answer. But if you are happy with your current company and you enjoy working with the people you see everyday and have excellent job security, it would be hard for me to switch to a different company. Sure everything probably sounds great now, but what if you get there and the boss, co-workers, etc turn out to be dicks or some of them. What if job security isn't that great at the new place? I don't think I could switch if I were already happy at my current job.
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I was loyal to the company I worked with in the 90's spurning all offers for staying with the company that helped learn the skills mentioned company I am making half the wages I used to today, after being laid off from aforementioned company, they sold out and moved so take what you can from where you can do not accept promises only real money trust no one with an office or a tie HR is not your friend |
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Went thru the same thing a year ago. Took less money than the 25% increase I was offered elsewhere but still netted a 10% pay increase at a place I'm comfortable and I know they respect me.
Its not all about the money. When I first came to my current employer, I left a place I really liked and was well respected because I thought the grass would be greener. When I got here, I hated it and regretted it for the first few years. I had to start completely over to earn respect from a management team that sucked the big one. Management changes occured (because the old one sucked the big one) and I see eye to eye with the new top dog, who seems to like me better than he does most of my peers. I took less short term, in favor of what I viewed as a better long term situation. In hindsight it was still a good move, based on what I've heard from a couple of colleagues at the other company. |
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Without knowing your industry, I'd ask everyone you can confide in about anything and everything they know about the company. I'd talk to everyone on their management team at length if I could and be as specifc as possible about the profitability of the company. 2010 earnings compared to prior years, forecast for the next few years, biggest customer and understand the ownership. If junior is getting ready to take over for daddy or daddy's gonna croke and the family might sell.... BBB filings, industry data, product line, market share. In this environment a lot of companies are a few sales away from broke. If their top customer goes down, what happens to their bottom line? Then if your current employer tries to get you to stay, I'd ask the same questions of them and weigh your options. Look at it like you are the bank and they are asking you for money. Your time, experience and lost opportunity are incredibly valuable to you so make both of them earn it. The questions you ask might actually impress and improve your opportunity with both of them. |
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I want to counter-offer with their offer plus health insurance costs that I've researched. They don't offer health insurance. In my counter, is it wise to point out how I'm coming to that salary? I can think of one pro and one con: Pro: It shows my offer is not arbitrary. Con: They might look and say, "We told you we don't offer health insurance. Now you're asking for us to cover your health insurance." |
I'd agree to their terms but ask for a stipend or some sort of compensation for health insurance.
If they don't have a group plan, they won't get one just for you. If they cover part of the cost, it gives them another point to negotiate. They may give you a flat amount or a portion of the cost. Don't be to sticky about it. Some companies can't negotiate. |
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What kind of company is this? Size? Corporate?
The reason I ask is that most companies have pretty well defined salary ranges these days around job titles, and they may not often bend the rules around those ranges. You might be able to negotiate yourself to the top of the salary range for the mid level position, but then you won't leave yourself room for growth in coming years without a title promotion. In some places it's hard to get a promotion to a senior level within a couple of years of coming on board. Getting hired in at the higher title also helps you in the future if you change jobs or the company goes under or you are laid off. Having a senior title on your last position qualifies you for the same, arguing that you were highly paid for a mid level guy is not as easy of a case... They would say, well, this is the limit of our range for a mid level salesman/analyst/tech/whatever. |
Oh, sorry. I was responding to the OP
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I try to avoid starting new threads if I can do it. I figured this thread had enough experienced people to bump it.
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Implied in asking them to cover insurance costs this year is that you are going to expect them to continue covering your approximate costs, but insurance is going to go up, life changes could happen, etc. Your finances aren't their recruiter's concern, just follow the process. |
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