Skip to main content

Why do you become so valuable when you are leaving the company?

I work for a good software company and for the last 2 years they didn't do any appraisals. This year we worked like hell on a big project within the company and were expecting to get a decent raise but due to bad economy the appraisal were not done. The company still pays the market rate and due to bad economy none of the employees were thinking of switching jobs. Suddenly I got this job offer from another cool startup and I told my CTO on phone (because he was on vacation) that I am leaving. We had a long conversation on phone and I asked for a day to decide on it. He calls up again after 10 minutes and told me that if its a monetary decision to leave the company than I can tell him and the company do something about it and the company willing to offer me employee stock options to retain me. Not that I am leaving the company because of monetary reasons but how come suddenly I became so valuable that I am being offered stock options and some more money whereas no one talked about it for the last 2 years?

Is it a market phenomenon to get a raise by threatening to leave?

I didn't accepted the counter offer as my decision to leave was purely to work on some new technology but I feel bad about the other employees who are not given the option and still working hard. I guess they are just waiting for the right opportunity to make a switch as soon as the market improves.
Labels:

Comments

Post a Comment

Popular posts from this blog

RabbitMQ java clients for beginners

Here is a sample of a consumer and producer example for RabbitMQ. The steps are Download Erlang Download Rabbit MQ Server Download Rabbit MQ Java client jars Compile and run the below two class and you are done. This sample create a Durable Exchange, Queue and a Message. You will have to start the consumer first before you start the for the first time. For more information on AMQP, Exchanges, Queues, read this excellent tutorial http://blogs.digitar.com/jjww/2009/01/rabbits-and-warrens/ +++++++++++++++++RabbitMQProducer.java+++++++++++++++++++++++++++ import com.rabbitmq.client.Connection; import com.rabbitmq.client.Channel; import com.rabbitmq.client.*; public class RabbitMQProducer { public static void main(String []args) throws Exception { ConnectionFactory factory = new ConnectionFactory(); factory.setUsername("guest"); factory.setPassword("guest"); factory.setVirtualHost("/"); factory.setHost("127.0.0.1"); factory.se...
23 comments
Read more

Spring 3.2 quartz 2.1 Jobs added with no trigger must be durable.

I am trying to enable HA on nodes and in that process I found that in a two test node setup a job that has a frequency of 10 sec was running into deadlock. So I tried upgrading from Quartz 1.8 to 2.1 by following the migration guide but I ran into an exception that says "Jobs added with no trigger must be durable.". After looking into spring and Quartz code I figured out that now Quartz is more strict and earlier the scheduler.addJob had a replace parameter which if passed to true would skip the durable check, in latest quartz this is fixed but spring hasnt caught up to this. So what do you do, well I jsut inherited the factory and set durability to true and use that public class DurableJobDetailFactoryBean extends JobDetailFactoryBean {     public DurableJobDetailFactoryBean() {         setDurability(true);     } } and used this instead of JobDetailFactoryBean in the spring bean definition     <bean i...
7 comments
Read more

Killing a particular Tomcat thread

Update: This JSP does not work on a thread that is inside some native code.  On many occasions I had a thread stuck in JNI code and it wont work. Also in some cases thread.stop can cause jvm to hang. According to javadocs " This method is inherently unsafe. Stopping a thread with Thread.stop causes it to unlock all of the monitors that it has locked". I have used it only in some rare occasions where I wanted to avoid a system shutdown and in some cases we ended up doing system shutdown as jvm was hung so I had a 70-80% success with it.   -------------------------------------------------------------------------------------------------------------------------- We had an interesting requirement. A tomcat thread that was spawned from an ExecutorService ThreadPool had gone Rogue and was causing lots of disk churning issues. We cant bring down the production server as that would involve downtime. Killing this thread was harmless but how to kill i...
6 comments
Read more