Hi,
You know, no one is indispensible. When a King dies, the Kingdom does not end with him - it goes only.
I think you have taken him from some company where his salary was low and you have given him a raise accordingly, maybe it is not as per market trend but it was one that he accepted. Why did he accept the same in the first place? Everyone feels that his/her salary is lower than either his collegues or the market. You cannot please everyone. You should tell him that when the offer was made, why did he not raise his displeasure at the amount offered or tell you'll that the amount offered was lower than the market prevalent rates ??? if he didnot make his point vocal at that time, he should give you time to make the correction. He cannot hold you at gun point. Tell him what he is doing is completely unethical and something which will not help him in his career path as sometime along the way these wrong moves do have a habit of catching up with you.
My advice to you is, tell him the above and if he still wants to move, let him go otherwise he will create a lot of negativity around him which will cause more damage. I am speaking from experience. I had an identical case although the person was not so critical as maybe in your case, but after putting things on the table he realised that it was as much his fault because a Company will always try to negotiate and get people at the best cost possible. However in my case the person stayed back understanding what I told him and I did respect his case and got the necessary correction done in the next financial year.
You know, no one is indispensible. When a King dies, the Kingdom does not end with him - it goes only.
I think you have taken him from some company where his salary was low and you have given him a raise accordingly, maybe it is not as per market trend but it was one that he accepted. Why did he accept the same in the first place? Everyone feels that his/her salary is lower than either his collegues or the market. You cannot please everyone. You should tell him that when the offer was made, why did he not raise his displeasure at the amount offered or tell you'll that the amount offered was lower than the market prevalent rates ??? if he didnot make his point vocal at that time, he should give you time to make the correction. He cannot hold you at gun point. Tell him what he is doing is completely unethical and something which will not help him in his career path as sometime along the way these wrong moves do have a habit of catching up with you.
My advice to you is, tell him the above and if he still wants to move, let him go otherwise he will create a lot of negativity around him which will cause more damage. I am speaking from experience. I had an identical case although the person was not so critical as maybe in your case, but after putting things on the table he realised that it was as much his fault because a Company will always try to negotiate and get people at the best cost possible. However in my case the person stayed back understanding what I told him and I did respect his case and got the necessary correction done in the next financial year.