https://www.usatoday.com/story/money/2024/07/24/workers-quitting-higher-pay-great-resignation/74519015007/
The survey also found that a higher percentage of Generation Z survey respondents said they are likely to quit their job this year, compared to older age groups.
Of course, if your employer isn't giving out raises and prices keep going up, people who can get better jobs will engineer their own raise.
My boss told me if I try to leave they will pay me more. That just pisses me off. I do a kick ass job for them, I made myself a profit center. I have saved the company half a million a year. Throw me a bone, it costs you NOTHING.
All your boss told you was that if they could, they would pay you less.
All hard work gets you is more work.
I had a boss tell me this and it was because he couldn't unlock the right budget bucket to pay me more unless I first indicated a documentable fact that I was leaving. Apparently his hands were tied above him...so I did it. I actually didn't have a job lined up, but gave my two weeks, got a 20% raise...and then still left 6mos later for greener pastures.
But my rapport with my boss was pretty good at the time, so it was pretty clear when he said what he said that there was reason.
When I left my old job, a lowly shipping/receiving guy in a warehouse, my job panicked and offered me a pretty significant raise if I stayed.
After having been there about 5 years, I'd made myself somewhat indispensable, they kind of just kept piling responsibilities onto me, I absorbed a lot of a supervisors duties when he retired with no replacement hired for him, I had fairly minimal oversight and was mostly left to figure out how things worked on my own (which I didn't really mind, it made the job more interesting and I was up to the task, but I definitely didn't get paid nearly enough for the work I was doing) so I was pretty much the only one who knew how all of our shipping and receiving stuff worked.
Along the way I wrangled myself a couple OK raises, but not really enough to bring me to a proper living wage. I had asked a couple of times about at least getting a promotion in title if nothing else so that I would have something more impressive on my resume that "warehouse associate" which I'm pretty sure was my job title the entire time I was there despite effectively being a supervisor.
When they offered me more when I told them I was leaving, it pissed me off more than anything. If they'd just paid me that much from the get-go and kept on top of giving me decent raises to reflect the job I was doing there's a good chance I'd still be working there now and never would have tried looking for another job. What they offered me wasn't quite my starting salary at my new job but it was pretty close.
I could have left them really high and dry and just left, but I didn't want to screw over whoever was replacing me too badly, so I wrote down instructions for everything I could think of that was my responsibility because honestly no one else had the whole picture, a handful of people there could do parts of my job but a lot of it, like I said, was stuff I had to figure out on my own. All of the business cards I'd acquired for different shipping companies, vendors, etc. and I gave 3 weeks notice and attempted to pass on as much knowledge as possible to my likely temporary replacement before I left. Last I heard, they went through several replacements within a few months of me leaving.
Don't let it piss you off. S/he just told you how to get a raise. Go get your raise.
At a previous job where I had basically become the manager of my manager and held my department together, I spent 3 months just trying to get a meeting with the guy who had the power to give me a raise.
In that time I found another job and put in my two weeks, my new job paid 90k but for shits and giggle I told them I was getting 130 and asked if they could do any better, they immediately came back with 110 which was almost worse since I was only initally asking for 80. I said no and went on to my new job which was 110% the right call.
Shortly after that they announced that they were selling the company, I heard from my old manager that the sale went through but in the mix that had to drop a good chunk of their clients from my old department (the most profitable one) since I was the only one there who knew how to handle a majority of the work and the only reason they could bring them on was me. I don't know how it all worked out but the old owner got sued for fudging numbers and is now the current owner.
Last I heard they fumbled keeping my department alive and all of my coworkers got layed off along a lot of other people and the company's not doing so hot.
Throw me a bone, it costs you NOTHING.
Well I hope you expect more then NOTHING for your raise..........
That being said, I always find if interesting how companies assign value. I would guess based on past experience that you got some sort of "atta-boy(mam)" but someone higher up gets the bonus for the $1/2 million saved a year.
That sucks! If you can, you should really call that bluff. They're pretty much saying that if you weren't satisfied with what you're getting then they'd pay you more.
The biggest raise I've ever gotten for staying at a job is half of the lowest raise I've gotten from switching jobs, in terms of percentage of income.
I had a job like that.
But I didn't quit, I just came in later, took longer lunches, and left earlier. Same pay, 4-5 hours of "work".
Overall output went down slightly, but apparently not enough that anybody seemed to care.
I was denied a raise for a BS reason. I'd have quit and moved on if I wasn't already doing jack shit. I work less than an hour a day, so I'll take their money.
It is a known fact that if your employer is not willing to give market rate comp, it is on you to get the market rate on the market.
But owners knows most of us are lil bitches who loath any discomfort or change. So he is able to attricion us.
If you can, you should be getting raises after 2-3 years per employer. They should he actually offering you more to keep you tbh but that's a sorry for a different time.
I've been at my new job a year and they said no raises for me this year...I now have 3 interviews next week. Chatted with my coworker and he is 3 years no rase and going on 4 this year but he doesn't want to look for a new job...it blows my mind
I've become too old to be marketable in free agency so I'm stuck, but you better believe the day it's financially viable to do so, and not a minute later, my happy ass will walk out into retirement and never look back.
Idk what you do, but don't limit yourself. In my line of work, people with a shitpile of experience are very sought after
I hired a 65-year-old guy last year. I knew he was older, but didn’t know his age until after he joined my team.
It was also a slightly new career path for him. He’d worked as an IT Project Manager for most of his career, focused on backend systems interacting only with other IT folks. Now he’s a Program Manager on a Product team so it’s not wildly different, but his stakeholders are significantly different and the way he works is different (focusing at a higher level than before).
And he is rockin’ it. I love working with him and seeing him grow into this role has brought me a lot of satisfaction. He is a great member of my team. He’s mentioned wanting to retire within 5 years and I’ll be sad when that happens, but I hope I have the chance to be his last manager and support him through when he makes that choice.
I’m not trying to minimize the challenges of changing jobs as you get older; the statistics speak for themselves. But I do hope that if you want that change that this anecdote might help inspire you. There are other hiring managers who will only care about what you can bring to the table.
Some of our best guys are in their 50s and 60s.
Some of our worst guys are in their 20s and 30s. Not inexperienced - just shitty workers and probably never going anywhere in their careers.
Then some of our best guys are also in their 30s and 40s.
I've become too old to be marketable in free agency so I'm stuck, but you better believe the day it's financially viable to do so, and not a minute later, my happy ass will walk out into retirement and never look back.
I was there too. Then the company came out with a buyout that was available for anyone with enough years of seniority.
The package was worth more than if I had worked until I was eligible for my pension, so obviously I jumped all over that.
Best career move I've made in 20+ years!
My company (megacorp that bought out another megacorp I worked for) appears to no longer do early retirement buyouts.
Every year they whittle away a little more at the things that made it a good place to work. The past year has been especially bad.
Already happening in the trades. Good luck finding an electrical company that isn’t booked out for weeks. There is way more work than can be done right now with electricians being extremely hard to hire. So if your electrical quote seems insane, that’s why.
I wish contractors were only out weeks. Every time I've had to have something done it's been 3 months OR pay double as an emergency, your choice.
We keep having people come out, express interest in whatever project we need done, make a bunch of promises, then ghost us on getting quotes.
It's really weird. Though it's been about the same for like 15 years now.
Considering all the layoffs this year (including me) I'd say it is NOT a good time to quit.
If there's a chance of a package, that seems like a good enough reason to hang around.
Nothing stops you from searching for something better while that's happening.
I hope people can find the jobs they deserve. I got fired from a job without warning a couple years ago. I have a great job now and I absolutely love it. I wish everyone could experience a job they love.
I switched jobs earlier this year for a 47℅ 'raise' - I'm absolutely loving my new role.
My understanding is that a potential sale of my previous employer fell through because I was basically the brains that developed / maintained the only innovative thing they had done in the past 15 years, and given their lack of investment in anything else there was nothing else of value for the buyer.
At my job my manager's stepping down and my team lead just quit. This is the second time this has happened to me in two years here which is nice considering I don't have to do any pointless 1:1's. Other than them, we've already lost 4 people last month and another guy's leaving by next week. The time's good to switch jobs apparently.
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