Career Suicide: Why You Should Never Accept A Counter Offer
Youâve been offered a new role at another company, only to be surprised (and letâs face it, a little flattered) by a counter-offer from your present employer. You are even considering saying yes. Letâs hang fire first and look at the longer-term implications of saying yes; there are a few- with many providing a less than rosy outcome. 1. Youâll have lingering doubts. Letâs take the simplistic notion that youâre leaving only because the salary is too low. Even in this uncomplicated scenario, accepting a generous counter-offer can still leave you with some niggling doubts, such as âIf they can afford it, why didnât they pay me that all along? This is particularly the case if youâve asked for a salary increment before and been denied. The figure theyâre offering may show that they value you now, but why didnât they make this offer before? If, as is more likely, youâre quitting for varied reasons that arenât all about money, maybe a lack of career progression, or a problem with the company culture, then no amount of money will dispel these doubts long-term. 2. Theyâll have lingering doubts. Itâs not just you whoâll be wondering if you made the right decision to stay. As a HR professional, you know full well that once an employee has resigned then retracted their resignation, theyâve just marked themselves out as a potential risk employee, and from then on theyâre under scrutiny to see that theyâre delivering top quality work, and their loyalty and commitment is sometimes called into question. Even worse, the person often isnât offered the same level of trust for a while, and may not given the best projects. Do you really want to be in that position? In short, a working relationship is often tainted after a resignationâ no matter whatâs said on the surface, or the size of the check they wave at you to stay. 3. Youâll miss an opportunity. You have gone to all the trouble to find another job- one that youâre presumably excited about. Youâve put yourself through the interview process and youâve built up a rapport with this new company, to the extent where theyâre excited about you coming onboard. Why not carry on with this new relationship youâve built, when things are going so well. You donât want to accept the counteroffer, only to wake up in a few weeks thinking âI wonder how much Iâd enjoy that other job. The people seemed really nice and I was excited about the opportunity.â 4. You may be self-sabotaging. Often fear holds us back. You know the job youâre in back-to- front, whereas going to a challenging role full of new systems and new people can give us a bad case of the collywobbles. Itâs therefore very easy to back down when one of the reasons for leaving is removed or reduced (i.e. salary dissatisfaction), because then you get to stay in your comfort zone. Many people also find it difficult to say no to their bosses- particularly if you respect them and donât want to hurt their feelings by rejecting a flattering counter-offer. If youâre thinking that staying is an easier option, thatâs a sign that fear might be getting in your way. 5. The job might not be yours for long. One risk is that by resigning in the first place, youâve metaphorically raised your hand to be the first person to be let go in times of downsizing or budget cuts. You may be offered a very attractive package to stay, but at the end of the next big project you might be managed out.  Before you get all excited about the size of the counter-offer, taking it to mean they think that youâre indispensable, take a cool-headed minute to assess how much it would cost in time and effort to hire and re-train someone into your role. Then look back at that counter-offer figure. Does it still seem like that much? While I donât mean to rain on your parade, chances are that theyâre offering that counteroffer to save themselves money time and inconvenience. This is not a criticism, this is business after all. Therefore, donât get carried away reading something into the offer that may not necessarily be there. If you are looking for support with your search for a new role, feel free to get in touch at hello@recruithuman.co.uk @recruithuman or on 01709 717212
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