conversation: User (Awwufelloff): "First time posting in personal finance! I'm in quite the predicament right now. I am 29 years old and an assistant branch manager at a regional bank. My base is $38k a year with bonuses of up to $5k per year. I received an offer from another bank for a relationship banker with a base salary of $45k with bonuses up to $10k per year. Benefits are similar. My job matches 100% up to 4% for the 401k Match, the new employer matches 6% up to 100% after a year of employment. I told my manager last week, and the regional manager has talked to me about matching my offer. The director of banking for New York State even called me to talk to me about staying and they are willing to match the offer. \n\nI have been ranked as a top 3 assistant manager for the last 2 years at my current bank and have been here for 3 years. The market share of my current bank is 5% in my area, the bank that offered me the job has about 30-35% market share with back office jobs and much more advancement opportunities. My current job has very few jobs outside of the retail banking field. So the only way I would be able to get promoted would be to a branch manager position (60K+) or a Licensed Financial Consultant (50k). I've built up quite a network of connections and proven sales ability at my current bank. \n\nMy regional manager brought out how I would be starting over at a new bank having to prove myself all over again and competing with employees that have been at that bank for a longer period of time and will be difficult to move up. I am pretty comfortable in my current job and only applied elsewhere because of a few employees leaving my current bank for pay raises. I have a phone call with the director of retail banking and my regional manager tomorrow on what decision I want to make. The future I can have at the other institution seems like to much to pass up. What would you guys advice in doing? Would accepting the counter offer negatively impact my future ability of employment at the other financial institution? I've been going back and forth for the last few days. Any feedback would be greatly appreciated! =)"
  Self: "Sounds like the new gig is better in every way than the old one.  You're moving up to a bigger market, they pay better, and the 401k match is better.  You excelled at your old job, so my guess is you'll have little trouble excelling at the new place.  If your old employer wanted to keep you, they should have offered you a raise earlier."
  User (Awwufelloff): "This is exactly my thought. I told them I needed a raise to stay at my current job, they just gave me a 5% raise. My old base was $36k, now $38k. I was the number one ranked sales rep in the region for over 2 years and got no appreciation at all."
  Lippspa (Lippspa): "No application at all walk"
  