B E W A R
E O F T H E C O U N T E R O F F E
Quitting a job is never easy. Career
changes are tough enough and the anxieties of leaving your comfort
zone (job, friends, environment) for an unknown opportunity can easily
confuse anyone's judgment. What should one do when your current
employer makes it tougher by asking you to stay?
A counteroffer is an inducement from your current employer to get you
to stay after you have announced your intentions to resign and accept
another position elsewhere. In recent years, counteroffers have
practically become the norm.
Considering a counteroffer? Remain focused on your primary objectives.
Why were you looking for another job to begin with? If someone is
happy with their current situation (job, employer and/or salary), they
are usually not out there "looking". So many times, a
counteroffer that promises more money never really remedies the TRUE
reasons for wanting to move on in the first place. Apart from a
temporary solution to the initial problem, nothing will change the
situation and when the dust settles, you can easily find yourself back
in the same old rut.
Counteroffers are flattering and make an employee question their
initial decision to leave. But often times, they are just stall
tactics used by senior management. High turnover, the realization to
senior management that your immediate boss may not be the super
manager that he/she thinks they are, and chaos that a departing
individual can cause in a department are all reasons to stall and wait
to find someone when senior management is better prepared to replace
you….on their own time.
Below is a list of the top Ten Reasons for Rejecting A Counteroffer.
Read it with earnest. Feel free to print it out and keep it with you
when you do give your resignation, so it will be easier to say
"No" to the bribe of your self worth.
Ten Reasons for Rejecting A Counteroffer
1. What type of company do you want
to work for if you have to threaten to resign before they give
you what you are worth?
2. Where is the money for the
counteroffer coming from? Are they offering your next raise or
promotion early? All corporations have strict wage and salary
guidelines which must be followed. Are future opportunities
limited now? Will you have to threaten to leave again for
another raise or promotion?
3. Your employer will immediately
start looking for your replacement. Well managed companies
rarely make counteroffers since they view their employment
policies as fair and equitable.
4. You have demonstrated your
unhappiness to your employer. You will now be viewed as having
committed blackmail in order to get a raise. From this day on,
your loyalty will always be in question.
5. When promotion time comes around,
your employer will remember who was loyal and who was not.
6. When times get tough, your
employer will begin cutbacks with you.
7. The same circumstances that now
are causing you to consider a change will repeat themselves in
the future. If you accept a counteroffer, the underlying reasons
for a career change will still be evident and will resurface.
8. Statistics show that if you accept
a counteroffer, the probabilities of voluntarily leaving in six
months or being let go within one year are extremely high.
9. Accepting a counteroffer is an
insult to your intelligence and a blow to your personal pride
knowing that you were bought.
10. Once the "word" gets
out, the relationship you now enjoy with your colleagues will
never be the same. You will lose the confidentially and trust of
your peer group.
If you do consider being "bought
back", obtain the details of the offer in writing, as well as a
one year "No Cut" contract from your employer. If they
refuse - as two thirds of employers who offer counteroffers do - your
decision to leave should still be apparent. It is always in your best
interest to go with your initial reaction and "gut feeling".
It is much better to leave and then come back if you really want to be
"bought back". You won't be labeled as one who cannot make a
decision and then can't stick to it. Look at your current job and the
new position as if you were unemployed. Make your decision based on
which holds the real potential. It is probably the new
opportunity or you would not have considered and accepted it in
the first place.