We're going through a restructuring and yesterday morning, my manager's boss, the CFO, offered my manager's position to me at a lower than market salary. I informed my boss of their plans and countered with a market rate that was 25k higher than what they offered.
This morning I received a counteroffer of 5k more and I asked for an additional 5k, explaining the extra responsibilities that this role entails deserves higher pay.
This afternoon, I received the following teams message:
“after circling up internally, I’m afraid we are going to decline your counter-offer. Our offer yesterday was already beyond what we had envisioned and I don’t think we are going to reach agreement. For now, I’m just going to leave everything as is. That allows [a board member]'s work to continue and we’ll determine path forward later. “
The difference between the two current offers is 5k, and the way I was notified was disrespectful. I've never lost out on a promotion because of a failed negotiation. I'm not going to grovel for the promotion – do I quit in protest?