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Should I Accept my Employers Counteroffer?

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So, you've decided it's time to move on. You've received your job offer; you have a start date and are handing in your resignation. It is an exciting time with new prospects on the horizon. Then, suddenly, your boss offers a counteroffer, and a very persuasive one at that. So what do you do now?

Both types of offers are difficult to navigate, so we have summarised some key points to think about before accepting a counteroffer.

A counteroffer can come in a few different forms such as a monetary offer or an emotional offer. Monetary is self-explanatory whereby your boss will offer you a raise in exchange for you staying. Emotional offers will pull on your heart strings and tug at your sense of loyalty. You may hear compliments for the first time from your boss that will leave your head in a spin.

 

A counteroffer can be tempting and it certainly feels flattering. Questions roll around your head such as 'does the company value me this much that they can't bear to see me go? Are your managers recognising your significant contribution and will pay you more than you thought was possible? A counteroffer usually requires some careful consideration before a final decision is made. 

Personal Questions:

• Keep your end goal in sight. Remind yourself why you wanted to leave in the first place. Write down your reasons and read over them when you feel pressured or uncertain.

 Don't let guilt, blame or persuasion divert your decision. Stay professional and try to remain in control. You are the one making the decision.

 Don't buy into emotion. At the base line this is a business decision, a career decision, and a new journey for you.

 If you do decide to resign make sure it is clear and in writing. Handling your resignation with confidence and leaving no room for doubt will help you avoid conflict.

If you would like any more information on this topic please get in touch HERE, and we can help navigate you through the resignation process and the prospects of new opportunities.