Pitcher’s new contract offers career lesson

Red Sox fans everywhere are kicking dirt because the team failed to lure much-coveted pitcher Jon Lester back to Beantown. The lefty was traded from the Sox to Oakland late in the year, but became a free agent after the season, able to sign with the team of his choice.

Despite optimistic predictions that he’d return to Boston, Lester agreed to a $155 million, six-year contract with the Chicago Cubs.

As I read the news, I recalled a recent article about changing jobs. It offered advice on what to do if you have another job offer, but your current employer ponies up more compensation to keep you.

The author contends that if your current employer wants to keep you, and sees value in your work, he/she should have compensated you fairly without the threat of a departure. The author argued that you should walk away. Just like Jon Lester did.

Many feel Lester’s decision was due to a low offer that came from the Sox in the spring  for $70 million over four years. Yeah, hardly chump change, but you could argue that the much larger offers Boston made in the fall couldn’t undo the damage of that lowball offer in March.

Your thoughts? Do you stay or walk away if your current employer offers a raise to keep you from jumping ship?

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