Counter offer

“What can we do to make you stay?”

Counter Offer

 

…they are one heck of an ego-boost, but here’s the truth.

If you got to the point of going for an interview for another role, you almost certainly had very good reason for doing so. Perhaps the hours were getting on top of you, you’d been overlooked for promotion or you’d been diddled on your money again.

So, you have a great meeting with a prospective employer. Fantastic business, it all goes well, you love what they have to offer and, with a bit of consideration, decide that you want to challenge yourself. Great.

Then, 3 weeks into your notice period, your Manager calls a meeting. It goes something like this.

“Can we persuade you to stay? What would it take? Tell us, we don’t want to lose you”

It’s too easy to respond by telling them that a bit of extra money will suffice. It’s easy for them too, compared to the cost of recruiting and training your replacement. Deal, done.

But the cynic in me would strongly advise you to have a word with yourself. Do you really think things will change just because you’re getting a bit more money? The answer is most probably not. But the expectation on you will be higher. You didn’t think they’d give you the raise for nothing did you? Also, they’ll always know that you’re probably not there for the long-term, so the likelihood of that promotion probably becomes even less likely, why would they invest in someone whose head can be turned for an extra couple of grand?

The numbers speak for themselves, around 80% of those who accepted a counter offer actually went on to leave in the next 12 months anyway. But by then, the dream opportunity you turned down will have been snapped up by someone else.

Furthermore, if you leave courteously, there’s a chance you’d be welcomed back if things didn’t turn out as planned, but, if you ask me, it’ll never come to that and nor should it. That’s another story for another day!

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