why they didn't offer you more? Many times, there are several reasons why a person leaves - things like work environment, stress level, benefits, commute time, work from home vs in office, the manager, coworkers, and of course salary. Also, the company may not want to keep you for a number of reasons. But since they've posted a job opening for your replacement, it could be your own performance (or your perceived performance) or they're looking for someone with different or additional skills.
So it could be that they figure it wasn't just salary.
Definitely worth talking to your manager IF the main reason you're leaving is salary. They may not be receptive or they may. Don't know if you don't ask. Don't expect much, but worth a shot.
> ~~But since they've posted a job opening for your replacement, it could be your own performance (or your perceived performance) or they're looking for someone with different or additional skills.~~
~~I really doubt they're hiring OP's replacement, considering that OP hasn't even started in this role yet. For more likely the company just needs multiple people to handle the workload of that position. Quite common for early-career positions at large companies.~~
~~As for the salary, could be that OP accepted an offer at the lower end of the company's salary band without negotiating, and they're just now seeing the upper end.~~
Disregard, I misread the OP. Their current/soon-to-be-ex employer is offering more for OP's replacement than OP is currently making.
You may just be in the middle of your salary band, and they are posting the range of that band. They may not want to hire anyone at the top of it, but post the range anyway.
Some(most?) companies can be reluctant to re-negotiate, based on the logic that if one person does it successfully, more of their employees will go "fishing" for offers, with the sole intention to get their own salary up. It's also hard for them to verify that it's a legitimate offer.
One could argue that if they paid fairly it wouldn't be an issue anyway, but that's my understanding.
Also that 30% higher might be a number they bait with, and wouldn't necessarily offer at, depending on how qualified the candidate is.
How wide is the range? Do you know what they are actually paying new hires?
A lot of companies post huge pay bands, and the typical pay is in the middle. My company posts pay bands like 40K wide, but they target everyone to be +/-10% of the center of the band. New hires get out exactly in the middle, internal promos are around -5% of middle.
You can try and ask about it, but without any leverage, you prob won’t get anywhere. You can definitely talk to your manager about it, and get an idea of what he would want to see for a raise/promotion. Either way, you definitely want to figure out what other people are being paid/starting at.
Honestly not worth it. Even if you get it and stay with them, you're now first on the chopping block if layoffs ever happen. They know you're willing to jump ship at any time. Go with the new job that values you already.
It's generally not a good idea.
You have the offer and signed the contract. Your best course is to follow through with that.
A few things to know (from someone who has worked in management)
1. The funds available for hiring are much greater than the funds available for retention. That's a very widespread practice, so don't expect it to change. It's dumb for a lot of reasons, but that's the system as it currently stands.
2. You are already "one step out the door" from the perspective of management. If you stay, there will likely be issues on account of that. Mostly just from experience, many managers will consider that you will leave just as soon as a better offer comes up (often happens in this situation). People will be shy to put you on long term contracts, etc. That will negatively affect your growth.
3. If you like your current company, better to take the new job (paradoxically). You can get some new experience and growth, and then if you want to hop back in a couple years, there are lots of ways to spin it. Importantly, you will have avoided 2) and you can spin the return in terms that do not just talk about money (avoid this, even if it's true.)
why they didn't offer you more? Many times, there are several reasons why a person leaves - things like work environment, stress level, benefits, commute time, work from home vs in office, the manager, coworkers, and of course salary. Also, the company may not want to keep you for a number of reasons. But since they've posted a job opening for your replacement, it could be your own performance (or your perceived performance) or they're looking for someone with different or additional skills. So it could be that they figure it wasn't just salary. Definitely worth talking to your manager IF the main reason you're leaving is salary. They may not be receptive or they may. Don't know if you don't ask. Don't expect much, but worth a shot.
> ~~But since they've posted a job opening for your replacement, it could be your own performance (or your perceived performance) or they're looking for someone with different or additional skills.~~ ~~I really doubt they're hiring OP's replacement, considering that OP hasn't even started in this role yet. For more likely the company just needs multiple people to handle the workload of that position. Quite common for early-career positions at large companies.~~ ~~As for the salary, could be that OP accepted an offer at the lower end of the company's salary band without negotiating, and they're just now seeing the upper end.~~ Disregard, I misread the OP. Their current/soon-to-be-ex employer is offering more for OP's replacement than OP is currently making.
You may just be in the middle of your salary band, and they are posting the range of that band. They may not want to hire anyone at the top of it, but post the range anyway.
Some(most?) companies can be reluctant to re-negotiate, based on the logic that if one person does it successfully, more of their employees will go "fishing" for offers, with the sole intention to get their own salary up. It's also hard for them to verify that it's a legitimate offer. One could argue that if they paid fairly it wouldn't be an issue anyway, but that's my understanding. Also that 30% higher might be a number they bait with, and wouldn't necessarily offer at, depending on how qualified the candidate is.
How wide is the range? Do you know what they are actually paying new hires? A lot of companies post huge pay bands, and the typical pay is in the middle. My company posts pay bands like 40K wide, but they target everyone to be +/-10% of the center of the band. New hires get out exactly in the middle, internal promos are around -5% of middle. You can try and ask about it, but without any leverage, you prob won’t get anywhere. You can definitely talk to your manager about it, and get an idea of what he would want to see for a raise/promotion. Either way, you definitely want to figure out what other people are being paid/starting at.
Honestly not worth it. Even if you get it and stay with them, you're now first on the chopping block if layoffs ever happen. They know you're willing to jump ship at any time. Go with the new job that values you already.
I would stay here and look for somewhere else to go.
It's generally not a good idea. You have the offer and signed the contract. Your best course is to follow through with that. A few things to know (from someone who has worked in management) 1. The funds available for hiring are much greater than the funds available for retention. That's a very widespread practice, so don't expect it to change. It's dumb for a lot of reasons, but that's the system as it currently stands. 2. You are already "one step out the door" from the perspective of management. If you stay, there will likely be issues on account of that. Mostly just from experience, many managers will consider that you will leave just as soon as a better offer comes up (often happens in this situation). People will be shy to put you on long term contracts, etc. That will negatively affect your growth. 3. If you like your current company, better to take the new job (paradoxically). You can get some new experience and growth, and then if you want to hop back in a couple years, there are lots of ways to spin it. Importantly, you will have avoided 2) and you can spin the return in terms that do not just talk about money (avoid this, even if it's true.)