When you hand in your resignation, your employer might ask what they can do to change your mind. They might make you a counter offer, even if you’ve accepted employment elsewhere. Focus on the reason you’re leaving the job before making a decision.
Photo by 24oranges.nl
Undercover Recruiter offers some guidelines for dealing with counter offers. They suggest focusing on the new job’s benefits, instead of your current employer’s promises:
It is important when considering a counter offer that you always keep in mind what your reasons were for pursuing a job with another company in the first place. Taking salary aside for a moment the new position could offer:
- childcare, healthcare or pension schemes
- flexible working hours
- freedom to travel on an international basis
- greater opportunities for development
- project variety
- training initiatives
Whatever your reasons are for wanting to leave your current employer it is crucial that you remember what they are and think rationally about what is best for you as an individual, before you respond to a counter offer.
The counter offer might match or even exceed the pay at the new job. If that’s the main reason you’re quitting, consider accepting the counter offer to stay. If the reason you are leaving involves more than salary, you’ll probably still want to resign.
The bottom line: prepare for the possibility. Check out the link for some other stuff to think about before you say yes or no to a counter offer.
How to Respond to a Counter Offer [Undercover Recruiter]
Comments
4 responses to “Prepare For A Counter Offer When You Quit Your Job”
I’ve actually twice Bern counter offered and the last time I stayed but stuck to my guns on concessions no extra pay but structural changes within the company, for staying and so far it’s worked out well, the first time I was counter offered I was just offered more money, but it is not always about the money.
I was in this situation a few weeks ago and every time we spoke about counter offers I felt myself talking money because it was one of the few things I could actually quantify.
Unfortunately after saying I would be taking up the offer elsewhere it fell through and I was left scrambling back to my current employer, them knowing this has totally changed the dynamics and their counter offer is now significantly lower than it originally was. In hindsight I probably went about telling them the wrong way at the wrong time and also stating I would be taking the alternative without a fully formal offer and contract.
lucky you didn’t tell them to stick it
never resign before you have signed the paperwork for the new job!
So is the point of this article to tell people they should weigh the pros and cons before making a big decision? To think before they act?
10 years ago I would of posted a link to captain obvious, but these days common sense is anything but common. I am not at all surprised that we have to tell people to think about things.
Would have, there is no “would of”
10 years ago it was would have, it still is captain obvious