Handling Counter Offers

You have successfully created interest from anare looking for. Is an increase in salary really enough to
employer with your CV, impressed them duringkeep you long term or do you need a new challenge?
interviews and negotiated a salary and benefitsIf your original employer had been keen to ensure you
package that reflects your capabilities. You havedidn't look elsewhere, would they not have provided
received written confirmation of a job offer and haveadequate incentives to keep you there before it got to
handed in your letter of resignation to your currentthis stage?
employer.It is important to look beyond what might at first seem
So how do you prepare for the possibility that yourlike a better deal and think about what it is you are
resignation might be met with a counter offer fromlooking for in your career moving forward. There will
your employer who doesn't want to lose the skills andprobably be good reasons that you are accepting a
experience you have brought to your existing role?new position and you should keep these in mind when
Whether it is in the form of a salary increase, additionalconsidering a counter offer: a pay rise is only likely to
company benefits or a promotion, a counter offerbe a short-term incentive so try not to let it cloud your
involves your current employer attempting to rival thejudgment.
one you received from your potential future employerIf you do decide to refuse a counter offer, ensure you
to try to persuade you to stay.take charge of the situation. Thank your employer for
Reasons that companies make counter offers include:the opportunity but reiterate your intention to leave.
not wanting to have to fill a vacancy within theDeliver your written resignation to your manager in
timescale dictated by your notice period; costperson, as this will help you to stay in control. Let them
implications, such as advertising fees, agency costs,know that you have considered the merits of the two
training expenses, etc that will be incurred as a resultpositions and have chosen the new one. State
of your departure; lack of time to re-recruit;specifically that you neither seek nor want a counter
organisation of necessary cover while a replacementoffer and hope instead for an amicable departure.
is being sourced; the loss of staff reflecting badly onIf, after considering the counter offer, you do decide to
the company and affecting morale; and the time takenaccept it and therefore remain with your current
to bring a new recruit up to speed.company, it is important to remember that even though
It is very flattering to receive a counter offer, butyou have accepted, your resignation has not been
experience suggests that over 70% of employeesforgotten. You will need to work to regain your
who accept these leave within a year. Rememberemployer's faith and a good deal of effort will be
your initial reasons for deciding to move on and askrequired to recreate the trust within your company.
yourself whether the counter offer really is what you