Originally Posted by bicker1
Nowadays, you'd have to beat a competing offer to get someone with an attractive job offer on the table to stay, loyalty or none, budgetary concerns or not.
It's not that simple. In the creative fields, we get these kind of job offers all the time from competing employers. But about 80% of the time, people who switch jobs just for money regret it within 6-12 months, and find themselves out of work. See, what happens is that these offers usually come from either startup companies looking to raid successful competitors, or they come from companies that find themselves flush with money from recent investments or mergers. They want to raid talent in hopes it will bring them new accounts. BUT, what happens almost all the time is that those companies start running out of capital faster then they projected. And they don't get the new accounts they were hoping for. And the first response is to cut anyone they think is overpaid and who doesn't have a proven track record of loyalty. Which means, of course, the new hire usually gets the blame for not delivering on the unreasonable expectations of management.
A lot of times, when a guy comes in to the boss' office saying they just got a huge offer from a competitor, the boss will simply respond 'see you in six months, if we still have a position open".
I can't tell you how many times I've seen people in my field go back to their original employers asking for a job again, after suddenly finding themselves on unemployment. While there are certainly times where these gambles pay off in a big way, the seasoned veteran knows that keeping the steady gig with a regular pay check is usually the smarter move in the long run. It might take longer to work your way up the ladder, but it is usually the better move for anyone with financial obligations like kids, a mortgage, etc.
Of course, Peggy isnt in that situation, so the jump might be a good risk for her.