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The Labor Market Is Savage! - Jobs/Vacancies - Nairaland

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What's Your Experience Like In The Labor Market? / Cheap/labor Exploitation: My Experience With Mamaland Foods LTD, 45 Days, No Pay / The Plight Of HND Holders In The Nigerian Labor Market (2) (3) (4)

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The Labor Market Is Savage! by IyaTola: 8:38am On May 17, 2023
Poor Timing for a Counter Offer.

Why wait till valuable employees are exiting your organization before you realize they deserve a salary increase?

Most employees who want to resign, especially those whose salary has not been increased in a long time or whose current role will not afford them much growth that aligns with their career goals have to be wise in declining a counteroffer from the current employer.

Why decline a counteroffer?

👉 Career Progression.
👉 Flexible working hours + Compensation.
👉 Personal values no longer align with your current company.
👉Desire to work in another industry.
👉 Personality/Company's Culture no longer aligns.
👉Career Change.
👉Better health care for self and family.
👉Relocation.
👉Personal or family Obligations.

Sample Template on how to Politely decline a Counter Offer;


Dear HR,

Thank you so much for your generous offer. It's good to know that I am a valuable employee. My time here at ABC organization has allowed me to grow as a professional. The industry knowledge I have gained from management and my peers will be the foundation for my long-term success.

However, it's time for me to take the next step in my career. It was a difficult decision to make, but I must decline your offer. I have expressed my interest to advance several times over the years, and I see that this role doesn't have as much room for growth as I had originally expected. At this time, I want to pursue a position that can give me more responsibility and professional career growth.

This letter will serve as notice that my last day will be ABC. I wish everyone here a successful future.

I hope to continue to stay in touch on social media and via email.

Respectfully yours,
(Name of Existing Employee)


I hope this helps someone to make the right decision with regard to declining a counteroffer and informing Employers to promptly reward high-performing employees with better remunerations and not wait till they get a better offer elsewhere: someone may already be poaching that "your high-performing employee!"-make the reward move now."

The market is savage!
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Re: The Labor Market Is Savage! by FEGNO: 4:23pm On May 17, 2023
It’s a job seeker’s market bro. With the over 12 million jobs created by this Administration nobody should be stressed by any Employer of labour. As a matter of fact if you don’t like your place of work just quit and go elsewhere.

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Re: The Labor Market Is Savage! by IyaTola: 6:31pm On May 17, 2023
FEGNO:
It’s a job seeker’s market bro. With the over 12 million jobs created by this Administration nobody should be stressed by any Employer of labour. As a matter of fact if you don’t like your place of work just quit and go elsewhere.
Start a business instead

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