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Helpful Hints

Handling Counteroffer

Ten Reasons for Not Accepting a Counteroffer

Once you have accepted a new position and you are ready to turn in your notice, you must be prepared for the counteroffer. Some companies will try to offer you more money to stay. Be aware, they never work in the long run. Read through the list of reasons not to accept a counter offer below and you will begin to see why we will not work with candidates who we feel might accept a counter offer.

1. You have now made your employer aware that you are unhappy. From this day on, your loyalty will always be in question. You will never be part of the Team.
2. When promotion time comes around, your employer will remember who is loyal and who is not. The employee that never thought of moving on will be the one that gets the next promotion.
3. When times get tough, your employer will begin the cutbacks with you. They will remember the day you resigned, not all of the hard work you have put in.
4. Accepting a counteroffer is an insult to your intelligence and a blow to your personal pride: you were bought.
5. Where is the money for the counteroffer coming from? All companies have wage and salary guidelines which must be followed. Is it your next raise early?
6. Your company will immediately start looking for a new person at a cheaper price. They may give you the extra money now, but be aware in the future.
7. The same circumstances that now cause you to consider a change will repeat themselves in the future, even if you accept a counteroffer. There was a reason you started looking, what changed?
8. Statistics show that if you accept a counteroffer, the probability of voluntarily leaving in six months or being let go in one year is extremely high. Seventy percent of the employees leave in 6 months, the other 30% get let go.
9. Once the word gets out, the relationship that you now enjoy with your co-workers will never be the same. You will lose the personal satisfaction of peer group acceptance. Word will get out that you were bought.
10. What type of company do you work for if you have to threaten to resign before they give you what you are worth?