Thread regarding Bank of New York Mellon Corp. layoffs

Counter Offer

As a people manager (UK) I have a low paid top performing team member, who is expected to be promoted next week, however her new salary increase looks miserable. If she gets offered a new job external for more money (which she can prob get easily), how easy/hard is it to get management approval to offer a counter offer to try retain her? (Also is there limits on much extra a counter offer can be).


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| 10521 views | | 7 replies (last January 9) | Reply
Post ID: @OP+1keakgtm4

7 replies (most recent on top)

I recently had a similar situation. Bny will not counter anything.

Then essentially spend more recruiting externally.

Braindead reasoning.

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Post ID: @pa+1keakgtm4

Oh please! Let her fly! Be kind. Wish her all the good life has to offer.

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Post ID: @e0+1keakgtm4

@cr
Precisely. You would hear how only the great, all knowing and powerful Dermie and Alejandro can make such a monumental, industry impacting , colossal corporate decision. LOL… those 2 millionaire colon polyps are just a bottleneck of denial and destruction. It is also further proof that there is no such thing as management or leadership here in the middle tiers. So called managers, directors etc are told what to do and told not to think.

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Post ID: @dz+1keakgtm4

The rule is never take the counter offer.

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Post ID: @ax+1keakgtm4

LOL…
OP,, sorry to laugh but this theme is oft played out here. Protest is futile. If she gets another offer she will not get countered.
And if she is good, then she knows she needs to leave this dirty bird nest.

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Post ID: @av+1keakgtm4

No chance. BNY doesn’t care if they lose talented employees to save some money.

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Post ID: @ah+1keakgtm4

This question tells you all you need to know about real life at BNY

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Post ID: @a2+1keakgtm4

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