Congratulations! You’ve just accepted an offer for a new and exciting opportunity. Now it’s time to inform your current employer of your decision. In most cases, when you decide that it’s time to go, it’s not the time that your company wants you to leave. Because you are a highly qualified professional, they will not want to lose you. As well, it is natural to resist change and avoid disruption, and your present employer is no exception. Your employer may attempt to make a counter-offer to keep you from leaving, even though you have accepted a job elsewhere. As long as you haven’t started your new position, the company and your boss are going to woo you. You may be seduced with more money; you may get, or at least be promised, a promotion. The appeal will be emotional in nature. There will be an apology made in the form of not knowing of your dissatisfaction. Your boss may even enlist a senior vice president or the president to help convince you that you’re making a mistake. It is almost guaranteed that you will hear the following in some form or another:
• “We have plans for you that will come to fruition the first of next month – it’s my fault for not telling you.”
• “I shouldn’t do this, but I’m going to let you in on some confidential information. We’re in the progress of reorganizing and it will mean a significant promotion for you in six months.”
• “We’ll match your new offer and even better it by ‘x’ percent. This raise was supposed to go in to effect the first of next quarter anyway, but because of your fine record we will start it immediately.”
A counter-offer can be a very flattering experience. Your emotions may be swayed; you may lose your objectivity; you are going to be tempted to stay; “buyers remorse” will set in – that apprehension of change will urge you to reconsider your decision. Accept the counter-offer only if you can answer “no” to all the following:
1. Did I make the right decision to seek other employment because I felt a new environment would provide me with the opportunity to advance my career?
2. If I decide to stay after giving notice, will my loyalty be suspect and will this affect my chance for advancement in the future?
3. If my loyalty is questioned, is there the possibility that I will be in an early lay-off or be terminated if business slows down?
4. Is the raise they’re offering me to stay just my annual review coming early?
5. The raise I was offered is above the guideline for my job. Does this mean they are “buying time” until a replacement can be found within the acceptable compensation guidelines for my job?
6. I got the counter-offer because I resigned. Will I always have to threaten to quit each time I want to advance?
Logic Must Prevail
As a professional, your career decisions must be made objectively; free of the emotional pressures you are likely to experience. Others will try to influence you, but sometimes only you know things are not right a will not get better. How do you explain a “gut feeling”? Are you expecting your company to be sorry to see you leave and to make some attempt to keep you? Their response should be considered flattering, but it’s beset with pitfalls too numerous to risk. It’s up to you to end your relationship as professionally. Write a letter expressing your thanks for the opportunity they extended and telling them you enjoyed the relationship, but that your decision is irrevocable. Put it in your own words and mail it or personally hand it to your immediate supervisor. Be pleasant but firm. Your new employer is anxious to have you start, so remember, two weeks’ notice is almost always sufficient. A counter-offer is a belated confirmation of the contributions you’ve made. Move ahead to your new job knowing you’ve made the right decision. After all, if you don’t look after your future, who will?
11 REASONS FOR NOT ACCEPTING A counter-offer
1. What type of company do you work for if you have to threaten to resign before they give you what you are worth?
2. Where is the money for the counter-offer coming from? Is it your next raise early? All companies have strict wage and salary guidelines which must be followed.
3. Your company will immediately start looking for a new person at a cheaper price.
4. You have now made your employer aware that you are unhappy. From this day on, your loyalty will always be in question.
5. When promotion time comes around, your employer will remember who was loyal, and who wasn’t.
6. When times get tough, your employer will begin the cutback with you.
7. The same circumstances that now cause you to consider a change will repeat themselves in the future; even if you accept a counter-offer.
8. Statistics show that if you accept a counter-offer, the probability of voluntarily leaving in six months or being let go within one year is extremely high (approximately 80+%). Each day you take off they feel you are looking for a job. (In the employer’s mind, there is a question of your loyalty to the company).
9. Accepting a counter-offer is an insult to your intelligence and a blow to your personal pride; knowing that you were bought back.
10. Once the word gets out, the relationship that you now enjoy with your coworkers will never be the same. You will lose the personal satisfaction of peer group acceptance.
11. What makes you more valuable today than what you were yesterday?
Prime Placement Solutions is an independently owned staffing firm that specializes in recruiting and placing Healthcare Professionals in management positions for Senior Housing, Long Term Care, Assisted Living, & Memory Care properties and facilities. Prime Placement Solutions does not discriminate in the acceptance or referral of candidates in accordance with federal, state, and local law.