OUR GUIDE TO COUNTER-OFFERS
What would you do if counter offered?
It’s a great feeling when you’ve landed a new role. When you’re happy with your new job offer and you have accepted, there can be another obstacle in the way: counter-offers. It’s becoming increasingly common for employers to make counter offers. Here are a few ways to come to your decision on whether to stay or to go…
THINK OF 5 REASONS WHY YOU ARE LEAVING YOUR CURRENT JOB.
Some common reasons include:
- You’re seeking a salary increase/ better benefits
- There is no future prospect at your current job
- You’re ambitious for a more challenging role
- You want a change in your day to day activities
- You want to learn and develop your skills further
- There is conflict/ negativity between colleagues
- You’re looking to relocate
THINK OF 5 THINGS THAT ATTRACT YOU TO THE NEW COMPANY OVER YOUR CURRENT ONE.
Common positives include:
- Learning and development opportunities
- More responsibility within the role
- A reputable company within the industry
- A higher basic salary and/or additional benefits
- The role is in a desired location
In a counter-offer situation it is important to weigh up your options. By highlighting the main ‘selling’ points in new role, this will put the counter-offer into perspective against what you could be going to.
THINK ABOUT SOME OF THE REASONS YOU MAY RECEIVE A COUNTER-OFFER.
Common reasons include:
- Your current employer has no time to find a replacement
- It is more cost effective than replacing an employee
- Losing an employee might reflect badly on your current employer
- Your departure could result in unwanted disruption for your manager
CONSIDER, ARE THESE COUNTER-OFFER REASONS MORE BENEFICIAL FOR YOU, OR FOR THE COMPANY?
If you do receive a counter-offer, does it really outweigh all of the reasons that made you want to leave? If you do decide to accept, make sure it will be a short and long-term gain for your career. We can’t make your mind up for you, only you can. But if you would like to get some more information and advice on counter-offers, get in touch with your First Point Group contact.
