A little back-story:
Small company in Europe. Bosses who expect everyone to work as hard as they do even though they get profit share and none of the employees do. Fixed salary, no OT paid but “time for time” is the norm. As you can expect, time for time is a fairytale when you're doing 100hr weeks just to keep the place from crumbling. Done enough OT to have a full years worth of paid holidays.
Current employer offered to increase my salary by almost 40 percent without benefits once I told them I was leaving. New employer is offering 20%, indefinite contract, full benefits, bonus scheme and 10-20% YOY raises for the next 3-5 years. If I'd stayed, I'd basically be stuck on that wage for the rest of my life as that was far and beyond the ceiling of said position. I'd more than likely be the first to get fired. This was basically a move out of desperation.
Kicker is, I signed a contract a few months back for my current wage. This was “all they could do” under the “current climate and workload”. The offer would retroactively pay out the difference in salary for the past few months. This basically confirmed that I had been royally f*cked with my previous contract.
So, I finally quit today after letting my boss know I've accepted the other offer. They're now scrambling to find 3-4 people to do my job.
Yes I should've accepted the counteroffer and then quit anyway, but my new job starts soon. It's actually a fun one. This was a resignation due to principles, not money. F*ck not being paid what you're worth.
–Apologies for my English, not a native speaker.