Things to Think About before You Accept or Turn Down a Counteroffer
You sit down with your boss to tell her you’ve been offered a job elsewhere and that you’ll be leaving the company in a few weeks. It will probably be an awkward conversation – and it will become ever more uncomfortable with she asks you to stay. She might offer you better incentives, like more money or a job promotion. But as enticing as the counteroffer may be, career experts say there are a few things you’ll need to think about before you accept.
Should I share details of the new jobs with my current employer?
You probably won’t want to disclose the salary you’re being offered by the other company. “If you decide to tell your boss the new salary, he/she may realize that money is what’s pulling you away from the company.
Why did I start looking for a new job in the first place?
Was it only about money? Was it because you weren’t satisfied with the work you were doing? Perhaps you’re looking for a new challenge, new colleagues, a new corporate culture, or flexibility at work? If you are presented with a counteroffer, know that accepting it typically prevents you from accomplishing these goals
Will my job be on the line if I decide to stay?
Your employer may counteroffer because they want you to stick around long enough to find a replacement. This could be dangerous for you…most likely they will let you go once they have someone to replace you.
How will I be treated if I accept the counteroffer and stay?
If you accept a counteroffer, you may be scrutinized within your organization; “now everyone knows you’re looking for a new job”. If they are paying you more, or offering you the terms you requested, your employer in going to expect something significant in return. It may be hard for some people to deliver on those expectations while in the same work environment.
Do they really value me as an employee?
If you have tried to resolve issues in the workplace – whether it’s more money, a new title, a better schedule, etc. – and the situation was not resolved prior to putting in your two weeks’ notice, then know the proposed counteroffer is likely only being offered to benefit the employer. If the employer was sincere, the proposed offer would have been originally made when you expressed your concerns.
How can I turn down the counteroffer without burning bridges?
If you determine that accepting the counteroffer isn’t in your best interest, decline politely and avoid burning bridges. You never know, you may have to work with that person again in a new capacity.
“7 Things To Think About Before You Accept or Turn Down A Counteroffer.” Forbes, 9 Dec. 2016, Link
Client Counter Offer
Should We Make a Counter Offer?!
NEVER Make a Counter Offer - Always remember this, HAPPY EMPLOYEES DON’T QUIT. Mostly they leave for a better offer (title and/or money), and you can’t blame them for wanting to improve their position in life. In many cases, they may be unhappy working for your company...for whatever the reason. And unfortunately, is some cases, they are trying to leverage you for a pay raise. Regardless, NEVER MAKE A COUNTER OFFER. Top performers don’t use quitting as a tactic to get a raise.
Consider this - Need to replace a Physician who’s given notice…your hiring managers have queued up three excellent replacement candidates. At the eleventh hour, the incumbent decided to stay (his new job probably did not come through). You decide to keep him…big mistake. You’ve now lost out on three great candidates, and you guessed it, the incumbent was gone six months later. All you did was give him time to find another job. Never, ever make a counter offer.
Wayman, Mark. “Offers and Counter-Offers: The Good, the Bad and the Ugly.” The Huffington Post, Link. Acessed 9 Dec. 2016