Once again, I am a victim of my own awesomeness. I have repeated this pattern a few times now, a company is growing and wants to upgrade their Marketing presence, so they hate me. I come in and work my magic and the company prospers so much that a larger company notices and buys them. The people that I really enjoyed working for retire to lay in a beach and the new owners consolidate marketing elsewhere and I am out. (OK, usually they want my awesomeness, but I am unwilling to relocate.)
So it has happened again, and this time they want me to take over a division for sales and marketing and new business development and product development and some other stuff probably. More travel and more responsibilities (meaning more expenses for me) but only the prospect of more money in a few years. Hmmmmm. I asked them to sweeten the pot and am waiting to hear. It's a good opportunity that could be a great opportunity, so wish me luck. I should have asked for $2018 more so I could be in Gainesville next year!
take the summer off, enjoy
good luck
pheller
PowerDork
6/13/17 4:23 p.m.
Pinch, what is your background? Marketing or something completely different?
They very well may. I was hired by NetSuite in December of last year.
We "officially" became Oracle - NetSuite Jan 1. Not only did I go from salary, to salary OT el.igible (and OT at 1.5x base pay, not just straight time) and sign-on bonus became many more hundreds of shares of Oracle than it was going to be with NetSuite
good luck! may your transition be quick and prosperous!
I've been through a few mergers. I've noticed a pattern. 1) acquiring company tells everyone pre-merger that they are buying the other company because it is a great fit and the "people" are its most valuable asset. 2) post-acquisition they lay off a bunch of the "people." 3) they change everything that was different (and often better) about the acquired company. 4) they torture the remaining "people" until they quit. If I go through another of these I'll be the guy on the beach. Except it won't be a beach. I hate beaches.
I will say, however, after being laid off twice and tortured to quit a couple times, I've always ended up in a better place elsewhere.
Sounds like your experience has been different though, and much more positive. Good luck with all of that and I hope it works great for you!
Good luck to you.
We heard a while back that another company was looking at buying us. I just hard yesterday that that deal was dead. They didn't offer enough for our stock (1.8x) and they would not comment about how many of our people they would let go if it went through. Hopefully, our management was thinking about us 
.
Basil Exposition wrote:
1) acquiring company tells everyone pre-merger that they are buying the other company because it is a great fit and the "people" are its most valuable asset.
2) post-acquisition they lay off a bunch of the "people."
3) they change everything that was different (and often better) about the acquired company.
4) they torture the remaining "people" until they quit.
Quoted for TRUTH
This is an excellent guideline for anyone facing a merger or acquisition. I will add that all positions, all skills, all tasks and all procedures are on the chopping block. If you think that the new owners can't get rid of you because you are the only person who knows how to keep machine X running or the database X functioning or whatever...you are severely deluded. These owners started by assuring everyone that they were decentralized and that good people would be retained regardless of location. Then they eliminated a lot of jobs and hired new people back at HQ. So we all know not to trust them ever again, a nice start to building a company culture.
Anyway, nothing was said yesterday so I am still in limbo. I am hoping for the best, but ready for the worst.
pheller wrote:
Pinch, what is your background? Marketing or something completely different?
Marketing mostly, but that also gets into product and business development. I am always closely aligned with sales, especially e-commerce, and I have served as a Regional Sales Manager. So a bit of everything, I grow companies.
we are still waiting for the other shoe to drop now that MGM owns the Borgata.
I finally made a call and got an answer, they are not accepting my counter offer. Which kinda sucks because even at a paltry ½ percent increase, it would have been enough to keep my salary the same as my old position. 1% would have been enough to offset the additional costs I will incur. Some people don't look at the bigger picture. I have a new position, but we are starting off on the wrong foot and that never bodes well for long-term stability.
trucke
SuperDork
6/14/17 1:12 p.m.
pinchvalve wrote:
I finally made a call and got an answer, they are not accepting my counter offer. Which kinda sucks because even at a paltry ½ percent increase, it would have been enough to keep my salary the same as my old position. 1% would have been enough to offset the additional costs I will incur. Some people don't look at the bigger picture. I have a new position, but we are starting off on the wrong foot and that never bodes well for long-term stability.
They may come back to meet your terms when they find out how much it will cost to recruit. Hang in there!
Nah, I will work it for 6 months and when they see how much of a rock star I am, they will throw money at me! That happens, right?
