Thread regarding Hewlett Packard Enterprise (HPE) layoffs

Should I accept HPE's counteroffer to stay?

Hi all,

I'm in my final week at HPE, having put in a two week notice after accepting a similar position at another organization that pays the same as HPE. My account manager and my HPE manager are both pursuing a counter-offer to stay at HPE, which would include an immediate 10% raise, and a promotion once the spin-merge is complete. The offer is supposed to be approved by HR before the week is over.

I'm looking for advice from all sources regarding my situation -- especially given what's happened with layoffs at HPE over the years. To quote The Clash -- "Should I Stay or Should I Go"?

Thanks!

-Possibly soon to be ex-HPE employee

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| 4791 views | | 32 replies (last February 28, 2017) | Reply
Post ID: @OP+LJsP2HB

32 replies (most recent on top)

Well once HP/HPE had been a great company. I remember when I have started there was "People promise" thing even though it has already stared to mean nothing. Once, long time a go it must have been a great company. Now it is all about the profit /and management bonuses/. Just an ordinary company, you can move to another one and it will be better in the most of the cases.

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Post ID: @lwsr+LJsP2HB

Run like the wind!

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Post ID: @7wnh+LJsP2HB

Go out to glassdoor or indeed and compare salaries between csc and hpe. Rumors have it that CSC people are expecting raises for the first time in many years to balance for this descrepancy. Haha. You will not be in a good position after the merger. As far as a promotion, some accounts at CSC deflates job titles as a way to deflate salaries. I wouldnt count on that promotion even if someone says you will get it, you maybe waiting YEARS before it happens and you will be long gone before then. Good luck either way, but I would exit now. You may find the competition on job market could be very different when you decide you have had enough.

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Post ID: @6ona+LJsP2HB

Honestly, it's your call. A lot of angry people on this forum will tell you to run like the wind. Do you have a good manager? Do you like your work and your team mates?

On the other hand, it is good (careerwise) to leave a job every 3 - 5 years. It makes you more marketable and versatile (i.e. you're not stuck in servers or one area). Your salary will also be higher in the long run.

Good luck with whatever you choose!

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Post ID: @2ssc+LJsP2HB

RUN!

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Post ID: @2uak+LJsP2HB

To the original poster - if your game is short-term, I agree that you could ask for the world and then spin it to your next employer. I've done that myself successfully, but I agree with the other posters that you should still plan on leaving in the next 6-9 months.

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Post ID: @2ltz+LJsP2HB

Well, from personal experience... (R&D SW Engineer)

I almost left a few years back, but got a counteroffer to stay that bumped my salary by 25%. I never once felt like I was on the "chopping block" like others are suggesting. Have some personal awareness. Are you actually that much better at what you do than the others around you? Do you trust your management chain? If you can answer yes to those questions, then consider staying. Since I accepted my counteroffer, I've been promoted multiple times, picked up a retention bonus, earned over 1000 RSUs, and gained better experience than I could have at any company not named Facebook or Google.

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Post ID: @2dma+LJsP2HB

Ask yourself this question: Why I seek for another job? There is the answer.

Word of advice: get the other job and enjoy it at its fullest. Wish you the best.

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Post ID: @2xuq+LJsP2HB

Considering the fact that many people on here have been laid off, I don't think this is the best place to go to for advice.

Personally, I am sticking around at HPE for as long as I can.

It's true that there's a lot of layoffs. But the job market is very hot; the last time I went interviewing, I received two job offers inside of a month, after applying for three jobs.

As I see it, if I'm laid off I'll enjoy having a couple months off and I'll be back to work in no time.

And in your case, the counter offer is a 'vote of confidence' from your boss.

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Post ID: @1hxu+LJsP2HB

The next 12 months will be carnage, you may get 10% by staying but you could equaly end up WFRd or RIFd in CSC world by June anyway. Anyone that thinks the cuts will stop after March is deluded.

If you have an external offer take it and give your effort and loyalty to a company that wants you enough to offer you a new job.

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Post ID: @1zjh+LJsP2HB

Staying at HPE is a fools offer, for 10% pathetic. Your "promotion" is a simple job code change

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Post ID: @1iws+LJsP2HB

Conventional wisdom says to ignore counter offers. They never work out. Most people end up leaving shortly after they realize accepting it was stupid.

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Post ID: @1lpg+LJsP2HB

HPE is like watching a slow moving train wreck. Why one would still be onboard puzzles me. Take the other job and move on.

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Post ID: @1cwe+LJsP2HB

Well OP, in that case ask for 30%.

Like the "Director" said below, anyone can get 10% and stay budget neutral by WFR in Q4.

If they really want/need you they can make that 30% happen. Just be clear with your boss that he is only buying time.

You now hold all the cards.

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Post ID: @1dhu+LJsP2HB

Original poster here -- thank you for your replies.

I find it interesting that virtually everyone who has posted believes I should not accept HPE's counter-offer. I've been with the company for 10 years, and I'm in the U.S. public sector with a skill set that is both in demand and currently in a shortage within the HPE public sector realm. If I stay and things don't look positive in a year or so, I can explore external opportunities and use my new title and salary as a positive talking point.

This is a decision that's simultaneously exciting and terrifying. :)

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Post ID: @1exv+LJsP2HB

Why would you even consider staying.. Run like bandit.. run fast.

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Post ID: @1zsz+LJsP2HB

No, don't accept. Move on. You'll be better off for it. HPE is only a job anymore rather than a career.

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Post ID: @1nms+LJsP2HB

So managers actually get a WFR quota and have to choose who gets fired? It's not based on how many times you swipe your badge and how little you use Sharepoint?

Sh-- I regret not buying my manager Christmas gifts

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Post ID: @1owg+LJsP2HB

Run for the door, follow your GUT which was to leave, dont look back

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Post ID: @1xtm+LJsP2HB

A bird in the hand is worth more than two in a bush.

I was told that I'd get raises over the post-split year and even got good reviews because of performance. What did I get in the end, WFR'd!

Don't listen to these people or the company. Run now or suffer the consequences.

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Post ID: @1pyh+LJsP2HB

I was a Director-level manager and had several opportunities to offer a counter. It is a fact that within the "system" you suffer from an on-going distrust. While they are happy to keep you in the short term because your staying prevents an immediate problem, you will never be seen the same going forward in the longer term. "Is this person going to just bail on me next year?" "Now that I have some time, I really need to redistribute or restructure work and make sure I have a succession plan for counter-offer person XYZ." "Ouch, I just got a WFR quota of 10% of my team for this next quarter. Who should I consider THIS time?"

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Post ID: @1lkb+LJsP2HB

Run and don't look back!!! Congrats on your new position.

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Post ID: @1wbj+LJsP2HB

Add me to the list of those that say go to the new adventure.

It's tempting to hang around but in the end something sent you looking and it wasn't the money. Your gut knows you should go. Go!

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Post ID: @1srd+LJsP2HB

In my case, I left HPE and got better pay out of the gate, with a company that has an excellent track record of paying regular bonuses and raises. My leader won't hold back a promotion (I was stuck at a particular level at HPE because my manager refused to allow anybody to be promoted out of his group), and I get regular (and real) feedback on my performance.

If the other job you are looking at is like that, take it and don't look back. HPE/CSC/SpinCo has ZERO loyalty to its employees, and in particular isn't interested in anybody having a career. It's likely they are only concerned about losing some critical knowledge, and are just delaying long enough to get you to train one or two newbs they can employ far cheaper than you.

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Post ID: @1vtf+LJsP2HB

My gut feel would say "go"... Because my experience has been that HP / HPE is INCREDIBLY cheap! For example: You put in a rash of patents... This is a LOT of work! They owe you $1,000 (minus taxes) per each patent... AFTER you have put in the patent write-up, AND helped the sub-contract IP lawyers translate the "engineer-speak" to "lawyer-speak"... And then ALSO past another 2 weeks or so, for the paperwork to process, and THEN you get you "patent bonus pay". ... Unless, during those 2 weeks, THAT is when they chose to lay you off!!! Been there, done that! Hello, ripped-off!!! Legal? Probably yes, in their fine print... Ethical? Good God no!!! "Treat others the way you'd like to be treated"... HP / HPE falls flat on their face on this kind of thing! I would not trust them as far as I could throw them! (Get their promise in writing if you are leaning towards staying).

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Post ID: @1yxm+LJsP2HB

I agree with everyone here... Basically just forget HPE and go on with your new opportunity. It sounds like you have been here for at least a few years to have earned such a privilege. I'm also leaving soon.. not laid off yet, but I can smell it around me. Everyone is getting shot down like pawns on a chessboard.

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Post ID: @1mos+LJsP2HB

IF they cared about you, they would have offered the money and promotion in the first place. I was once told, "never stay for the money" and I didn't heed it and paid for it ever since.

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Post ID: @kqw+LJsP2HB

I would not believe anything anyone said to me at HPE, even Meg....hell, especially Meg. Bottom line, if it looks too good to be true, it probably is. You must have a skillset they need desperately, but you already know what HPE is like. To me it would be like returning to the girlfriend/boyfriend who treats you badly, even though you want to believe they won't.

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Post ID: @geq+LJsP2HB

Look to the wisdom of the Clash:

If you go there will be trouble.

If you stay it will be double.

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Post ID: @svu+LJsP2HB

Totally NOT worth it... Don't sell a bright future for a few bucks. Think about it... If you stay, you "might" get that 10% increase - NEVER trust HPE - and you'll become the #1 target in the next round of layoffs on that team. Even if you are not laid off, forget about any salary increase for the next 5 years. If you accept the other job, you'll probably get a salary increase above that 10% after the first or second performance review cycle - not counting bonuses, which basically don't exist in HPE anymore. And let's not even start talking about benefits such as 401k matching, etc. For me, it's a no brainer, bro... Don't drink that kool-aid and take ownership and control of your future. Good luck!

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Post ID: @xyg+LJsP2HB

I guess it depends on all those other parts of your job. Do you work well with your team? Are you in a good place in your career? Do you have the opportunity to grow either with HPE or the company you might move to? With the promotion will you be in a new pay grade? Where on the scale would you be? (In other words, have you topped out in pay grade?)

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Post ID: @ync+LJsP2HB

Reject as it is a trap.

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Post ID: @ehu+LJsP2HB

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