Tell HN: Tried to get a raise by showing counter offer, but company didn'match
I am a big fan of Patio's advice on salary negotiatin. But unfortunately, it didn't work as I expected. I am wondering if someone can give a perspective why.
I have been working in Semiconductor tools companies for past 10 yrs(in bay area). Current company is public company, doing reasonably well and is work $3-4B. I was unhappy with my pay and so I interviewed with a few internet companies. One compay offered me 30% more salary.
I asked my current company to match it. They said if they increase mine, they will have to give a promotion also...and this will affect others in the team as they might also ask for a promotion. They said they can only raise salary by 10%
So, I am now moving to new job. I am just surprised to know that company was not willing to give even 10% raise. Patio's advice generally tell us that guy giving out money is not doing it from his pocket, so he will be ready to match.
I have been working in Semiconductor tools companies for past 10 yrs(in bay area). Current company is public company, doing reasonably well and is work $3-4B. I was unhappy with my pay and so I interviewed with a few internet companies. One compay offered me 30% more salary.
I asked my current company to match it. They said if they increase mine, they will have to give a promotion also...and this will affect others in the team as they might also ask for a promotion. They said they can only raise salary by 10%
So, I am now moving to new job. I am just surprised to know that company was not willing to give even 10% raise. Patio's advice generally tell us that guy giving out money is not doing it from his pocket, so he will be ready to match.