Would You Like to Know When to Walk away from a Counter Offer?
Here are seven considerations:
- You should be concerned any time it takes the threat of losing an employee for a company to offer a raise, promotion, etc.
- Once your intention to resign has been announced, your loyalty will always be questioned; counteroffers do not change this fact.
- Often counteroffers just buy time for an employer to find someone to take your place.
- Remember your reasons for wanting to leave in the first place. Counteroffers are an immediate and temporary fix that make a situation seem improved. Has anything really changed?
- Remember, counteroffers are made because of the threat to resign. They are not proactive business decisions by an employer to satisfy and retain valued employees.
- Counteroffers are not a universal business practice. Most high quality companies refuse to play the game because they understand the temporary and coercive nature of such decisions.
- 83% of all employees who accept counteroffers are no longer with that employer in one year.
How do I Handle a Counteroffer?
First, relax and remember your reasons for looking at other opportunities in the first place. Write these reasons down. Does the counteroffer provide solutions to all of those reasons? They very rarely do.
Secondly, don’t make it emotional. Changing jobs is tough enough; don’t allow an employer to make your decision to leave personal. Take away the emotion by having a professional resignation letter prepared and in your employer’s hand when you give notice. Explain that the decision has been made, and that it is your desire to help make the transition as smooth as possible.
Congratulations! You made the right decision.