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The Counteroffer

The Counteroffer

So, You’ve been offered a fantastic new job that offers you everything, career development, better benefits and more money to boot. After much deliberation you decide to accept the offer.

You compose yourself and pluck up the courage to ask your boss for a ‘chat’ and tender your resignation. But it doesn’t go well, your boss is upset about losing their star performer that they’ve invested so heavily in and presents you with a counteroffer to stay.

Tempting? Absolutely!  You’ve been with the company for a while now, you’ve made a lot of new mates, you can recite your email password in your sleep, you support the same footy team as your boss……..everything is familiar to you.

But wait, Don’t let familiarity cloud your judgment. Ask yourself whether the new position is a positive step toward advancing your career. Will it be better for you than your current position? If the answer is yes, then proceed with pursuing the new job. Familiarity will follow!

Here’s why we shouldn’t accept counter offers:

1. Those who accept counter offers will generally leave
or be let go within 6-12 months.

2. You deserve better then working for a company
who only offers what you are worth at the threat of
resignation.

3. Have you considered where this increase in salary
is coming from? The majority of businesses have strict
policies and guidelines on budgets. Increase in salary is
usually your next raise early.

4. Your employer is now aware that you are unhappy and
looking elsewhere. Your loyalty and commitment will now
be questioned.

5. Once co-workers hear of your position, you will lose
peer-group acceptance and your relationships will change.

6. The same circumstances that have prompted you to look
elsewhere, will almost ALWAYS repeat themselves within
6-12 months.

7. Accepting a counter offer is an insult to your intelligence,
and will diminish your personal pride knowing that you can
be bought at the last minute.

8. When promotion / salary raise time comes around, your
employer will consider your loyalty to the business.

9. Your company may start looking for your replacement
immediately.

10. Consider why your issues have not been addressed
previously. The culture of the business and communication
channels is not going to change.