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Counter Offers
As a valued employee, your company is likely to do whatever it takes to
retain you... when you resign. This is a compliment, and it will make you feel
good about the years of hard work, commitment, and loyalty to the company.
However, you should think rationally about this offer and ask yourself some soul-searching questions.
The Questions
If I'm worth a raise today, why was I not given the raise last month, last
week, or yesterday...before my resignation?
Is money the real reason I'm unhappy working here? Or, are there other, more
significant reasons?
Where is the money for the counteroffer coming from? Is it next year's raise?
Will a raise make me happy, guarantee my loyalty, and improve my morale?
Now that my employer is aware that I'm unhappy, will my loyalty and productivity be in question?
If I decide to accept the raise and stay with the company, will my original
resignation affect my chances in the next promotion opportunity? Will it make me
vulnerable if cutbacks occur?
Interesting Points
Studies show that job satisfaction is achieved through factors other than
compensation alone.
Statistics reflect that 32% of those who accept a counteroffer leave within
six months.
The same circumstances which cause a person to consider a change are likely
to be repeated.
Grandiose promises are difficult to keep.
Cultural and behavioral patterns are hard to change, and must receive
constant attention.
It seems unfortunate that you have to threaten resignation to get a deserved
raise. Think about the implications. Talk to a mentor, your recruiter, and some
employees of the new company to help you make an informed decision.
The best way to approach your search for a new job opportunity is to make a
list of all the reasons you want to leave your present employer. Revisit this
list occasionally during your search.
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Writing a Winning Resume