make a good business better

Blog Staffing Solutions

Print Divider Print Divider Branding
 

Reasons for Not Accepting a Counteroffer

Share

Social Logo Social Logo Social Logo Social Logo

Changing jobs can be very emotional. It is important to think through, prior to the offer stage, the possibility of your current employer extending a counteroffer at the point of your resignation. Some factors to consider include the following:

  • What type of company do you work for if you have to threaten to resign before they give you what you are worth?
  • Where is the money for the counter offer coming from? Is it your next raise early? All companies have strict wage and salary guidelines which must be followed.
  • Your company will immediately start looking for a new person at a cheaper price.
  • You now have made your employer aware that you are unhappy. From this day on, your loyalty will always be in question.
  • When promotion time comes around, your employer will remember who was loyal and who was not.
  • When times get rough, your employer will begin the cutback with you.
  • The same circumstances that now cause you to consider a change will repeat themselves in the future; even if you accept a counter offer.
  • Statistics show that if you accept a counter offer, the probability of voluntarily leaving in six months or being let go within one year is extremely high. Ninety-six percent of those who accept counter offers are gone the next year.
  • Accepting a counter offer is an insult to your intelligence and pride; knowing that you were bought.
  • Once the word gets out, the relationship you now enjoy with your co-workers will never be the same. You will lose the personal satisfaction of peer-group acceptance.
Posted in: For Candidates
Tagged with: counteroffer