Good stuff Michigancat
Well then probably go to the new place but be nice about it. HOWEVER
One thing to consider is there's a good chance you won't have better career growth potential at the larger company unless they're somehow increasing revenue at a much higher rate than your current company. Lots of huge companies have a ton of qualified people waiting on promotions that rarely open up and I would guess you would be better off in that career growth/promotions if you stay in your current company...
Did you go into detail with your manager as to why you only got 2.25%? Was that raise company-wide? Are there growth roles within the company you want, and if so, do you have a plan with your manager on how to get there? Are you explicit with the new company about growth opportunities being important?
Definitely more opportunity at the new place. All the other major players in the industry offer this service and it makes up about 20% of their revenue, new company is just now starting this service(Will be a brand new company under parent company) and their goal is to make it a 1 billion dollar company in 5 years(Revenue). I would also have more responsibility and not just be focused on sales. For the first year I would basically be a knowledge resource to help the sales reps that already have relationships with the customers sell this new service and then get that new business rolling and manage it.
Just typing that out makes me think I definitely need to take the job.
Current company said that the 2.25% pay raise was company wide. I did talk with them about new roles and responsibilities but they have not gotten back to me about that (It was only 2 weeks ago and my manager just had his second kid and was out all last week)
ANOTHER THING
given the fact that your company is poaching folks with pay, there's a good chance the other companies are going to have to react to that. You're in a pretty good spot if you do the following (all at the same time):
-Update the resume and apply to a few positions in your industry, get a feel for salaries/benefits as soon in the conversation as possible without revealing what you want
-slow play the 17% offer as much as you can, turn it down if they pressure you
-work with your company on a plan to get bigger raises in the future beyond "selling more". <-side note:are you on commission? If so, why is this unreasonable? If you aren't on commission, what are you doing outside of sales that would justify a larger increase?
I feel like their HR department is slow playing it enough for me but will definitely take a couple of days to think it over after they send the updated offer.
I do get commission so its not unreasonable to say "Go sell more". The thing that irked me was after I laid out why my skills/experience/results is worth a higher base pay there was no discussion about it, current company basically said "Yeah, where else are you going to go and find a higher base pay? Here is your 2.25% increase everyone in the company is getting".