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Counteroffers - What you should think about
A counteroffer is an inducement from your current employer to get you to stay
after you have announced your intention to take another job. You may be
flattered and find yourself at a crossroad confused about what to do. Here are
some questions to think about:
- "What made
me look in the first place?"
- "What has
changed to make me stay?"
- "Why do I
have to be leaving to receive a raise?"
- "Why do I
need to exert this much pressure on my employer to get a promotion or
raise?"
- "What new
skills and opportunities will I be missing out on if I stay?"
- "Will my
loyalty be questioned?"
- "Why should
I pass on this new opportunity when I invested the time to get this
far?"
- "If I stay,
am I curtailing the opportunity to broaden my experience and increase
my value to a much
larger number of potential
employers?"
- "Will I be
able to keep my skills sharp?"
Some important points to consider:
- Now that your employer is aware of your
dissatisfaction, will your loyalty be in question?
- When promotions are considered, will your
perceived lack of loyalty affect future changes?
- When the word gets out, could it affect your
relationship with your co-workers?
- There could be a strong impact later on your
sense of pride. You could feel like you've been bought.
- When times get tough, will your employer begin
the cutbacks with you.
- Your company is likely to begin looking -
immediately - for your replacement.
- Statistics show that 85% of those who accept a
counteroffer end up leaving - voluntarily or involuntarily - within one year.
(So why not do it when YOU are
ready?)
- You will probably wonder where the extra money is
suddenly coming from. Why wasn't it available before?
- Again, a counteroffer raises doubts about the
type of company you work for. Why should you have to threaten to resign before
they give you what you're worth? Ask yourself if the same circumstances that
caused you to consider leaving will likely recur in the
future.
So be sure to weigh everything carefully, leave in good standing, and pursue
your career growth and goals!
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