posted by superman

I finished at 378% of my sales goal in 2021.  If they want to replace me, good luck. 

Did they raise you goal for this year?

What do you sell?

posted by Ironman92

Did they raise you goal for this year?

What do you sell?

They did raise my goal. 

Financial products

posted by superman

I finished at 378% of my sales goal in 2021.  If they want to replace me, good luck. 

I am in a similar position. I am an application engineer doing the technical engineering for a sales/account manager. So my goals and bonus is based around how many $$ I help the account managers land in the year.

3 years ago 200% of my goal.

2 years ago 250% of my goal.

Last year 290% of my goal.

And the goal keeps going up.

Only been in this role for 3 years.

Won the “award” for highest in group 2 years in a row.

This is part of the reason the competitor is going after me, that information is in my resume, but also why the current company, that I do like working at, would want to keep me.

Definitely in a conundrum. New place is like 30% higher salary/bonus and probably better 401k (don’t have exact information yet but I believe it is).

At an already really good salary/bonus structure 30% is a large sum of money…

posted by justincredible

Not even a little.

How did you approach the raise request with your boss once you had the offer?

posted by jmog

How did you approach the raise request with your boss once you had the offer?

I said I had an offer from another company and was leaning towards taking it. We had a zoom chat. Then his boss asked scheduled a zoom chat with me. He asked if he could pass it up to his boss, which I said yes. He called me not too long after that. I had very frank conversations with all three of them, letting them know exactly why I was planning on leaving (use your imagination). They all understood my point of view, and two of the three said they struggled with it as well. Big boss asked if he could get a pay bump if it would change my mind. In the end I decided to stay, but it was a very tough choice.

posted by friendfromlowry

Whatever it is, my mother in law has it, too. Except she actually buys those houses and cars. She spends money like she hates it.

I’ll be on Zillow looking at houses I can’t afford and even thinking about asking realtors to see them lol. I don’t because I don’t want to waste anyones time. But yeah … when I have any kind of free time it has to be filled with something. I picked up reading again and that’s fine, but sometimes o just don’t feel like reading a book. So I’ll get on Zillow or go to car manufacturers websites and check out their future cars or get on LinkedIn and see what’s out there for jobs. 

posted by justincredible

I said I had an offer from another company and was leaning towards taking it. We had a zoom chat. Then his boss asked scheduled a zoom chat with me. He asked if he could pass it up to his boss, which I said yes. He called me not too long after that. I had very frank conversations with all three of them, letting them know exactly why I was planning on leaving (use your imagination). They all understood my point of view, and two of the three said they struggled with it as well. Big boss asked if he could get a pay bump if it would change my mind. In the end I decided to stay, but it was a very tough choice.

Mine will be an interesting situation.

I have a soft offer, meaning they have agreed to my minimum but want 1 more interview and I have to look through the details of the rest of the benefits and bonus plan. Then a contract offer would come after some negotiation.

I expect that to all happen in say the next 2 weeks to get a contract offer.

The recruiter and I talked about a delayed start by a couple months because of my yearly bonus in March. It’s substantial and I won’t leave without it. He said that would not be a problem, accept the offer in early February, start end of March after bonus hits and a 2 week notice.

My conundrum is if I am still torn after new company offers 30% range increase (rest of situation seems similar) I would probably have to approach my boss in a week or 2 about a raise rather than waiting until March because that, in my mind, would be rude/unethical to lead the other company on for well over a month if I chose to stay.

I can’t bring up the offer for that reason, if current company decided to tell me to “take it and go” I would be out of the bonus (we don’t get it if we leave before the bonus unless it’s retirement).

So I would have to ask for a raise without mentioning the other offer.

Will be an interesting conversation.

posted by jmog

So I would have to ask for a raise without mentioning the other offer.

Might not be as interesting as you think.  Consulting firms should be use to this.  Bonus time on Wall Street is notorious for resignations the day after the checks go out.

I think the best approach, if you're willing to stay with a pay increase, is to just ask instead of leveraging an offer.  But I probably wouldn't recommend having that conversation before getting the bonus. 

Just worry about yourself and not hurting some company's or recruiter's feelings.  They are used to it, and more than a few have probably done way worse to candidates.  Not matching your bonus with a sign-on bonus is a risk they are choosing to take.  There's no loyalty to you, and I've been ghosted by so many recruiters that I don't even send thank you's half the time.  And if I've sent a cover letter in the last 5 years, I can't remember (nothing more than a short intro).

Very recently, I was up for pretty close to my dream job. I didn't get the position, but I can say that even though I absolutely love my current job, the combination of several factors at the other company made it an easy decision to leave. Since I was passed over, I'll probably stay here for at least 5-10 more years. 

Well, all the original post will come to a head one way or another tomorrow and next week.

Other company wanted to hold off until March due to the bonus thing (they knew I wouldn’t leave until my yearly bonus in March since it was almost $30k) plus I think they may have been hoping to get someone cheaper in the mean time, but they came back to me last week and restarted talks (one quick chat really last week to touch base again). 

Recruiter is sure they will offer exactly what I am asking base salary wise. Which would mean the total base + bonus (average bonus) is about 35% higher. 401k slightly better, health insurance premiums lower, and a company car (can sell one of mine). 

Assuming he’s right, I will hear all this by tomorrow or Thursday. 

If he is right I have decided I will take it and have to give my resignation next week…”perfect” timing since I am traveling around all New England on business this week and next week our group is having our quarterly in person meeting (most of our group is remote around the country) as well as honoring our one team member that is retiring at the end of April. 

All 3 years I have been in this role the top two performers in our group each year has been the woman retiring in a few weeks and myself. She was 1/2/2 I was 2/1/1 the last 3 years out of 7 people in our group across the country. 

If it all goes down, next week will be interesting to say the least. 

not much. a better climate Ohio weather is truly shitty

The sale of our house. Moving somewhere with drastically lower property taxes and real estate prices, and calling it a career.

posted by jmog

Well, all the original post will come to a head one way or another tomorrow and next week.

Other company wanted to hold off until March due to the bonus thing (they knew I wouldn’t leave until my yearly bonus in March since it was almost $30k) plus I think they may have been hoping to get someone cheaper in the mean time, but they came back to me last week and restarted talks (one quick chat really last week to touch base again). 

Recruiter is sure they will offer exactly what I am asking base salary wise. Which would mean the total base + bonus (average bonus) is about 35% higher. 401k slightly better, health insurance premiums lower, and a company car (can sell one of mine). 

Assuming he’s right, I will hear all this by tomorrow or Thursday. 

If he is right I have decided I will take it and have to give my resignation next week…”perfect” timing since I am traveling around all New England on business this week and next week our group is having our quarterly in person meeting (most of our group is remote around the country) as well as honoring our one team member that is retiring at the end of April. 

All 3 years I have been in this role the top two performers in our group each year has been the woman retiring in a few weeks and myself. She was 1/2/2 I was 2/1/1 the last 3 years out of 7 people in our group across the country. 

If it all goes down, next week will be interesting to say the least. 

Good luck!

For those of you with HOA's, are those fees going up commensurately?

I’m being asked about a potential job in my hometown that would eliminate my 65 min of travel each way 5x a week, but also give me way less hours at home and summers wouldn’t be off…..but my last kid is a senior and it would be a salary increase. I think to take it (if offered in due time) I’d need $15,000+ more per year. But would also be big for retirement purposes here in 10 years.

The 3 month saga came to an end today. 

Started the interview process in January as the beginning of this thread described. 

The other company halted talks for about a month while their HR person changed and they were looking for a candidate that didn’t ask for as much as I did (my asking was 10k more than their highest number on their salary range for the position). 

They came back to me in March, 2 more interviews with higher ups to get their “approvals” to get the base salary I asked for originally before any interview in January with the recruiter approved.  

They went through 2 weeks of an approval process just to be told no by someone even higher up. They offered the top end of their salary range but not the number they knew from January that I said it would take.  

For reference the number I said it would take was 23% bump in base salary. (Admittedly their benefits were a little better as I stated before). 

I had told them that if they offered that I would take it and not go back to my current company to see if they would match. 

Well they didn’t. What they offered was about 14% higher in base. So I had 2 different 2 hour conversations one with my boss and one with his boss (VP of our group) about my grievances with where things are culture wise and that I had an offer that I was seriously considering taking. 

Today they matched the offer I actually received as well as the understanding that I have a short list of things to accomplish in the next 12-18 months that would lead to two different promotions (combined like another 12-15% increase). 

So in other words, stayed where I was enjoying my job with a 14% raise to add to the crappy 3.5% COLA we got a couple weeks ago. 

Been a long 2 months but worked out. 

My wife said she is just happy that I won’t be stressing over it anymore as I am never stressed about anything typically but I have been the last few weeks, according to her (I thought I was keeping it inside well enough, apparently not). 

I don’t think I would have asked for the match if not for Justin’s comments about how it went for him. 

Only thing I am truly giving up is the other company tried to give a $10k signing bonus since they couldn’t get to the salary I requested. The comfort of staying where I know/like my boss as well as the path to 2 promotions going forward well made up for $10k now. 

posted by justincredible

The offer wasn’t necessarily intended for leverage. I was almost certainly planning on leaving when I initially told them about the offer. In the end I chose to stay, partly due to the weird tech stack of the new company, partly due to strong feelings for the people I currently work with on a daily basis. 

Similarly for my story, if new company had came right out with what they knew I wanted I would have just said yes.

Once they gave an offer that was lower than I asked for but still a little higher than where I was at, I took the fact that I had an offer to my boss. Took the weekend and our VP going to bat with HR, but they matched (salary anyway).