Why You Should Not Accept A Counter Offer
Why You Should Not Accept a Counter Offer
Where is the money for the Counter Offer coming from? Is it your next raise, early? All companies have strict wage and salary guidelines that must be followed.
According to the National Employment Association, Over 80% of those people who elected to accept a Counter Offer and stayed are no longer with their company six months later.
- You have now made your employer aware that you are unhappy. From this day on, your loyalty will always be in question.
- Once the word gets out, the relationship that you now enjoy with your coworkers will never be the same. You will lose the personal satisfaction of peer-group acceptance.
- What type of company do you work for if you have to threaten to resign before they give you what you are worth?
- Your company will immediately start looking for a new person at a lower starting salary.
- When times get tough, your employer will begin the cutback with you.
- The same circumstances that now cause you to consider a change will repeat themselves in the future; even if you accept a Counter Offer.
Suppose you were given an annual raise of $3,000.00 as a counter offer. When they find a replacement for you in say 60 days, then the actual cost to them is only $500.00.
Is just more money going to change everything in your present job? Consider the new opportunity you will be giving up that looked so favorable when you accepted it.
The possibility of promotion is extremely limited for someone who has "given notice". The company is vulnerable, they know it and will not risk giving more responsibility to someone who was previously committed to leave.
Carefully review in your mind all the reasons you wanted to make a change in the first place. Does the Counter Offer really offset these reasons?
Special Note: When you do resign from your present employer, be sure to do so in writing, retaining a copy for yourself. This procedure is to protect you in the future because future reference checks could record the separation as mutually beneficial. Include any constructive criticism, if any, in order to solidify your position for leaving.
I used to agree with this thinking however I have seen many people accept counter offers and have it work out for them. I've even seen one guy bluff a new job to get a counter...sleazy to say the least but he was lucky they fell for it. I've never accepted a counter because I only consider another job if I know I'm not satisfied in my role or not growing...nothing that a few dollars can change.
Project Coordinator, CKD EHR by Epic at DaVita Kidney Care
8 年Being valued for what you do every day is very important!
Principal Software Engineer at Medidata Solutions
8 年I stayed with a company for over 6 years due to this tactic. I did offer the opportunity to my management before quitting. up until this last year were I offered something similar. my manager said he wasn't interested at the time. When I got closer to finally leaving my manager back pedaled and offered what I had originally asked for but by then it was too late.
SEO Rebel | Helped 1000s of Companies Drive $100M+ in Sales | Founder of Search Engine Courier | Author of Warnakey's Beach Boys Blog | Let’s Talk ??!!!
8 年I think it is wrong to make an issue of money AFTER being hired. If you find out your company is paying you less than every other company in your industry pays for the same work just keep smiling at work while updating your resume and cover letter. When you do find that perfect job and get hired, march straight into your current boss' office and tell him "I resign effective today and would like to offer to work here for exactly more 10 business days to help with the transition." When your boss asks you why you are resigning that is when you can tell him the ENTIRE truth. He'll either get the picture immediately and work to offer you the money you deserve, or they will continue to run the place the same way without you. There is NO REASON for anyone to stay with a company they dislike. This is 2016, not 1930.
Financial Center Manager / Investment Representative at Fifth Third Securities
8 年Joanna Casillas