That’s it, you’ve had enough. You’ve spent the last couple of months moaning to your partner, your kids and your friends about how much you hate your job. Even your dog is sick of hearing about it!
It’s time to move on and find a brand-new job with an exciting new company.You feel that you have plenty of reasons to look around;
Whatever your reasons, you have made your mind up and started your search for a new job.
After countless hours of searching, applying to job ads, talking to recruiters and answering the same questions countless times, you’ve now received a job offer, congratulations! Now the easy part, go and tell your manager that it’s time to move on and that you are resigning.
You arrange a meeting, you are all prepared and then, BOOM, out of nowhere, it comes … The Counter Offer…!
You did not expect it, especially as you have felt unappreciated for the last 6 months. You might not have received a counter offer in the past and if you are not prepared then it is very easy to be caught off guard.
So, what is a counter offer and why do so many companies make them when an employee resigns?
A counter offer is presented to you when you hand in your notice or talk to you manager about wanting to leave. Often, they will start asking a few simple questions; Why would you want to leave? What have they done wrong? What can they do to fix things? What have you been offered? What can they do to make you stay?
When you share your reasons for resigning, your employer starts talking about how they can accommodate what you’re looking for, they can increase your salary or even give you a promotion.
The simple answer to this question is that they panic. Often, employers won’t have seen your resignation coming and most have no contingency plan in place. Here’s what they’ll be thinking;
It’s much cheaper to keep an employee by offering a pay rise or promotion than it is to replace them.
I’ve been working in recruitment for over a decade, and I can guarantee that most or all the above things will happen shortly after you’ve received a counter offer.
The strategies listed above are all signs of an employer that is in panic mode. It’s not a sign that they value you or that they’ll make any long-term changes. The trust between you and your employer has been broken, they’re already thinking about how to find someone to replace you.
Here’s the reality … it’s too little too late . Every action and promise being made is being made to keep you in your role for the next few months. Your employer knows that you are now a flight risk and if you do decide to stay, they know full well that you are very likely to leave in the next 6 months.
Don’t just think about the potential negatives of accepting a counter offer, think about what you would be giving up with the new opportunity.
A change is a good as a rest. You’ll be amazed at how invigorating and motivating a new job can be and will often offer more opportunity that your current role.
Ultimately, it’s your decision and your decision alone but ask yourself, what happens next time you want something from your employer, will you need to resign every 6 months to keep your career goals on track?