The devil that is a counter offer

Author: Damian Eatwell

Are you disillusioned or feel under-valued in your current role ?

Are you looking to move on ? If so, then good luck.

However, if you’re good at your job and of significant value to your current company, I GUARANTEE you will get a counter offer.

Why ?

Well, the bottom line is that your boss has to replace you – which will cost, and probably take about 2 months (assuming the new starter has a reasonable notice period). Then, the new starter has to be trained – admittedly they may be able to get someone of a similar level, but as most people know, things differ from company to company.

It’s an easier option to bung the leaver a three grand pay rise and crack on.

But what was the reason you left in the first place ? disillusioned ? – that won’t change. Lack of career progression ? that could change but at the expense of someone else. Under-valued ? that wont change unless its monetary. In fact, very little will change, and you will find yourself in the same position 3 months down the line.

So is it really worth taking that 3k rise and everything staying the same ? – of course not.

So before accepting a counter offer, consider the following:

·        You have now made your employer aware that you are unhappy. From this day on your commitment will always be in question.

·        When promotion time comes around, your employer will remember who is loyal and who isn’t.

·        When times get tough, your employer will begin the cutbacks with you.

·        Accepting a counter offer rarely changes the factors that drove you to look for a new job in the first place.

·        Where is the money for the counter offer coming from? Is it your next pay rise early?

·        Statistics show that if you accept a counter offer, there is a 80% chance you will leave within six months.

·        What type of a company do you work for if you have to threaten to resign before they give you what you’re worth?

·        Why didn’t they pay you that before? It was because they didn’t think you were worth it.

·        Why are they paying it to you now? It’s because it’s easier and cheaper for them to keep you for the time being, while they sort the problem out.

Kiss and make up with your boss. Accept your pay rise and sit tight. What could possibly go wrong………..?

2018-09-03T15:02:49+00:00 December 8th, 2017|Job search advice|