“I’m shocked, this couldn’t come at a worse time. I thought you were happy in your job.”
“We don’t want to lose you; you do a great job”
“Let’s digest this news, sleep on it and have a proper discussion before you make your final decision.”
In 2003 I was moving house, I was also in a job that offered little or no opportunities to enhance my skills or further develop my career. I decided to put all my efforts into finding a new Job that would offer what I was looking for. After 3 months of a rigorous interview process I received a fantastic job offer. I found, what I thought was the perfect Job, a great opportunity that offered career progression, a good package with a pension.
One Friday at the end of May I handed in my notice, ‘you’re going to work where? For whom’. My MD asked me could she change my mind and I said I had made my decision. I spent the next few weeks handing over my work, trying to leave everything in order for when I left.
A week before my final day there was knock on my office door. My MD came in and asked if we could have a chat. It was then I had my first real experience of a counter offer. My counter offer came in the form of a monetary increment; my salary was nearly going to be doubled. At first I declined the offer, however over the weekend I considered it further and eventually accepted it.
The monetary offer I would describe as bait which I found hard to refuse. The other job offers which I had received, I did not give it a second thought.
6 months later, I was in the same position again. Only this time it took me a full year to get another Job offer, that really was of any interest. The perfect job though was long gone. I had closed the door on that one.
I would advise anybody who has taken the challenge in finding a new Job opportunity to be very cautious of counter offers. It is worth highlighting that the majority of companies don’t counter offer. They treat the employee with decency and respect and wish them well.
- Like my example above after the initial honeymoon period above is over, the real reason you first began to search for a new employment will begin to reignite. Statistics show that the majority of employees that accept counter offers will be searching for a new job again within a six-month period.
- The trust has now gone between you and your employer. Your employer will always have at the back of their mind and ask the question, Is this employee really loyal?
- It’s easier to keep you with a counteroffer than replace you. The cost of recruiting and placing a qualified candidate can be significant.
- If a company gives you a raise and/or a promotion, just to keep you need to ask yourself is this a company you really want to work for? A good company should be offering these as part of their employee development strategies.
- Control- The employer will feel that they control you and your career and respect will be lost for you, if you accept that counter offer.
- Have the confidence to stick by your decision. By being confident will ensure that you are safeguarding your career
Most employers will not counter-offer, once an employee decides to leave, there is no point in offering them an increase in their current package.