Why accepting a counteroffer is a big mistake




















A significant factor when thinking about counteroffers is if there is a chance for career development and progression. If you are searching for a long term job, possibilities of career progression should make or break your decision. Jobs take a lot of time and energy, and it is best to put your energy into something that will have great payoff later. It is also good to think about the highest position in the job that you could be promoted to and if you would be happy with that.

It does not matter how good your relationship is with your employer, if you are receiving a counter-offer as a response to your resignation, your loyalty will be questioned as an employee both then and in the future. Even if the job has room for promotions and professional growth, you probably will not be the first employee they pick at promotion time. Resigning breaks the initial trust that was once there, and it will hinder future success at the job. So even if the counteroffer is a good deal, you are likely to progress more at a new job where you have not threatened to quit.

People will often hand in resignations or look for jobs when their current position does not fit the picture they had for their ideal life or goals. If you accept a counteroffer, you could potentially be denying yourself your dream job. When thinking of accepting a job offer or counteroffer, you should make sure that the position meets your long-term goals either now or in the future.

There is no point in investing time and energy into something you do not want to be doing for the rest of your life. So before you accept a counteroffer, think of why you wanted to quit in the first place. Is the job making you happy? If you hand in your resignation and your employer gives you a counteroffer, it may suggest that you were not fully appreciated in the first place as a valuable employee.

The offer is proof that they can offer more money or office space, for instance, and that they were initially holding out on you. People hand in resignations and look for new jobs when they are not satisfied with their current position. A counteroffer may give hope of better working conditions and salary, but statistics show that this is often not the case.

If you find yourself on the hunt for a career and are not sure how to start, check out the book What Color Is Your Parachute? Once you announce that you got a job offer elsewhere, it complicates your relationship with your employer, whether or not you can tell at first.

If you accept a counteroffer and decide to stay, expect there to be a loss of trust in your loyalty and dedication. They know you were interviewing, they know you are interested in leaving, and they know you are only still with them because they threw money at you. If you are in a more senior position, counteroffers are used as a quick fix to keep you in the role as they slowly begin to look for your replacement.

This will impact your future with the company. This one is always painful to hear. If you are so comfortable in your role, it is time to leave! No ifs ands or buts. Learning new skills, meeting new people, working under different leadership are all extremely valuable to anyone in their career. We grow when we face challenges.

If you truly want to grow as a person you need to step out of your comfort zone and experience something new. My advice to anyone in this situation is to think of all of the reasons that caused you to explore new opportunities in the first place.

Having a long-term mindset is key. You may find that you need more information about your potential new employer. Discover some of the most common reasons candidates may be rejecting your job offer -- counter offers might not be the only culprit! Our latest article helps you tackle first-day nerves and make a good impression during the first 90 days at your new job.

Discover key insights and tips for moving North in our guide on relocating to Scotland. We will NOT store a record of your name and email address, or the name and email address of your friend. Why do companies make counter offers? Damaged Employer Relationships Accepting a counteroffer is likely to damage your relationship with your current employer.

Will Things Really Change? No matter how tempting the counter offer, accepting is never a good idea. Over time, many professionals that decide to accept the offer regret the decision within a few months. In fact, those that remain in their current positions are often less satisfied than before.

Once an employee has made the decision to leave, the best course of action is to move forward without looking back. Previous Next.



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