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Job change after a decade in the same company

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  • Aug 1st, 2021 9:06 am
[OP]
Deal Addict
Apr 13, 2017
2945 posts
1424 upvotes
GTA

Job change after a decade in the same company

I've worked for my current employer (IT) for the last decade. While I did get timely promotions and salary increase, I think I'm at a point where my career isn't progressing at a pace / in the right direction that I had hoped for. I'm not saying its stagnant - but slightly less pace. I applied at a competitor few weeks ago and I just got an offer - a 35% increase in pay and next management level.

As this will be my first switch in a long time (second in my career), I'm having second thoughts, mainly because my current employer will likely give me a bullish counter offer to stay. I have built a big trust based network with all of my senior management and clients. I still have few days to accept the job offer and I have not resigned yet.

Just want perspective from others, who had been in this situation.
12 replies
Deal Fanatic
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Sep 9, 2012
6521 posts
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Oakville, ON
If you think you’re ready for the next management level then do it and don’t look back. You built up a trust network once and you’ll do it again.

Why would you give another chance to the company that doesn’t see you with the same value as the new company can see in you?

Usually with a career choice like this, the most uncomfortable option is the best bet. Accept the challenge in the new company and move on from the old environment that led you to felt stagnant.
[OP]
Deal Addict
Apr 13, 2017
2945 posts
1424 upvotes
GTA
CanadianLurker wrote: If you think you’re ready for the next management level then do it and don’t look back. You built up a trust network once and you’ll do it again.

Why would you give another chance to the company that doesn’t see you with the same value as the new company can see in you?

Usually with a career choice like this, the most uncomfortable option is the best bet. Accept the challenge in the new company and move on from the old environment that led you to felt stagnant.
Agree. Thanks for this input. I remember the continuous persuasion of another colleague to stay. I felt it was kind of mental torture being cornered in a room almost every day of the notice period. Ultimately, the person left, but I think it strained the relationship a bit, more so from the end of the management. As a mid level manager myself, I can see the thinking of upper management that a resource should stay back if company makes an equivalent / higher counter offer.
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Nov 30, 2005
1900 posts
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Ottawa, ON
headleygrange wrote: Agree. Thanks for this input. I remember the continuous persuasion of another colleague to stay. I felt it was kind of mental torture being cornered in a room almost every day of the notice period. Ultimately, the person left, but I think it strained the relationship a bit, more so from the end of the management. As a mid level manager myself, I can see the thinking of upper management that a resource should stay back if company makes an equivalent / higher counter offer.
I read that most people who accepts their company's counter offer end up trying to leave a year later for what's it worth.
Deal Addict
Apr 9, 2010
3628 posts
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Montreal
If you like your coworkers and the work environment at your current workplace then you should hear what they have to offer first. Otherwise resign.
Deal Fanatic
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Sep 9, 2012
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Oakville, ON
headleygrange wrote: Agree. Thanks for this input. I remember the continuous persuasion of another colleague to stay. I felt it was kind of mental torture being cornered in a room almost every day of the notice period. Ultimately, the person left, but I think it strained the relationship a bit, more so from the end of the management. As a mid level manager myself, I can see the thinking of upper management that a resource should stay back if company makes an equivalent / higher counter offer.
Why would you want to stay at a place like that? That’s no way to treat employees!
[OP]
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Apr 13, 2017
2945 posts
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kenze wrote: If you like your coworkers and the work environment at your current workplace then you should hear what they have to offer first. Otherwise resign.
Good rapo with co-workers and bosses - Yes
Work environment - Good

However, as I mentioned in my first post:
Not getting the growth I hoped for (both position and salary).
I want to work on latest technology advancements, but current projects doesn't give me that opportunity.

So, I looked for opportunities mainly due to the above factors.
CanadianLurker wrote: Why would you want to stay at a place like that? That’s no way to treat employees!
Exactly. Not saying that it may happen to me (especially due to working from home, I can probably deal with just a phone call).
Deal Guru
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Oct 16, 2008
10901 posts
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Maple
If you give old company a chance, you will be 1st to go if there is a staff reduction or if you make any mistake, you will be scape goat. Sorry to say, you cross that line with old company, trust.
...
Deal Guru
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Mar 31, 2008
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Toronto
teoconca wrote: If you give old company a chance, you will be 1st to go if there is a staff reduction or if you make any mistake, you will be scape goat. Sorry to say, you cross that line with old company, trust.
Yea, you won't be looked upon the same way. Or maybe even trusted too.
Member
Sep 25, 2020
470 posts
320 upvotes
I'll accept the offer for 35% increase if:
-It is a good company that you're going to and most reviews are positive on Glassdoor reviews
-You have a partner who is still employed (if you fail probation, you still have your partner's income to survive)

Switching job in the middle of a pandemic can be tough. Transition to a new job can be stressful (people are still working from home). Hopefully the office will be open soon.
Sr. Member
Jun 3, 2006
972 posts
358 upvotes
Markham
If you're not running away from something at a current job (ie. terrible culture, bad boss, etc), then make sure that you're running towards something. In this case, it sounds like you'd be getting a lot more money, a promotion, and ability to expand your knowledge. Unless there are red flags at your new company (ie. bad culture, bad new manager, etc), it sounds like there is zero reason to stay. They may - but unlikely - give you the 30% pay bump and better title, but you still wouldn't be expanding your knowledge of technology.
headleygrange wrote: Good rapo with co-workers and bosses - Yes
Work environment - Good

However, as I mentioned in my first post:
Not getting the growth I hoped for (both position and salary).
I want to work on latest technology advancements, but current projects doesn't give me that opportunity.

So, I looked for opportunities mainly due to the above factors.
Member
Jul 3, 2021
203 posts
181 upvotes
Most people who decide to leave a company, and get a counter offer to stay, leave within a year. The problem is the money is nice but typically the issues that drove you to explore other opportunities don’t change

And at the same time, why is it only when you’re leaving do they recognize you with position or salary changes? It’s not a good sign

I’ve been down that path before and burned a potential good offer to only leave the company who convinced me to stay 7 months later because I thought oh here’s more money and a new position, but it didn’t change the underlying reasons why I wanted to leave initially
Deal Addict
Jul 21, 2011
1497 posts
1959 upvotes
Knowhere
Well, every company does the same. At the new company, you will be facing the exact same issue in 10 years.

Think about this, you the mgr at ur current company, will you offer 35% increase to everyone who come to ask for promotions? How do you convince your boss? How does your boos convince his or her?

Or you only will try do match certain % for someone who has flight risk?

Ok, come back to your case, go to the new company as they are really the one offering ur the money and title, and you should appreciate THEM.
(On the other hand, in the new company, there is another “you” who did not get the increase, due to the job is given to you, and that guy is planning to lease, maybe your old firm offer him the job which did not give to you in the first place)

Lastly, Congrats on the new role!

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