Counter Offers
Discussion
So I just accepted a new job the other day as I felt I was going nowhere in my current position and supporting employees who did no work whilst I handled it all etc etc. 25% increase in pay and a nice benefits package at the new role, an extra 10 miles on the commute but that's no issue.
However I have been informed by my boss that they dont want to see me leave and that I can forge a better role for myself and have more of a leadership role, money no issue etc etc. To me it's all a bit too little too late as I have raised my concerns several times and they have not been acted on. Still it's a difficult situation especially if they start waving a lot more money under my nose.
Anyone taken a counter offer and regretted it or vice versa?
However I have been informed by my boss that they dont want to see me leave and that I can forge a better role for myself and have more of a leadership role, money no issue etc etc. To me it's all a bit too little too late as I have raised my concerns several times and they have not been acted on. Still it's a difficult situation especially if they start waving a lot more money under my nose.
Anyone taken a counter offer and regretted it or vice versa?
I was always told it is never a good idea to accept one. Managers get offended when their people leave and often want to control them or make then leave under their terms.
On the other hand I almost left my company just over two years ago, was given a counter offer, accepted and have been promoted again since. My earnings are now 50% higher than they were two years ago.
It sounds like their track record isn't that good.
The flip side is to go back to the new company say you have been made a counter offer and see what they say. I did that when the above happened and they upped their offer. The CEO even invited me out for beers to try and convince me.
Good luck with whichever you choose.
On the other hand I almost left my company just over two years ago, was given a counter offer, accepted and have been promoted again since. My earnings are now 50% higher than they were two years ago.
It sounds like their track record isn't that good.
The flip side is to go back to the new company say you have been made a counter offer and see what they say. I did that when the above happened and they upped their offer. The CEO even invited me out for beers to try and convince me.
Good luck with whichever you choose.
Generally, unless the underlying reasons for the move are substantially changed (and mostly its not about money), then you'll regret staying and will be looking again in 6-9 months, Guaranteed.
If you've raised these concerns before and they haven't acted, why do you think they'll act now? If you truly believe that they'll get rid of all the issues that pissed you off and got you looking for something different, then stay. Any doubt, at all, and GTFOOT.
HTH
If you've raised these concerns before and they haven't acted, why do you think they'll act now? If you truly believe that they'll get rid of all the issues that pissed you off and got you looking for something different, then stay. Any doubt, at all, and GTFOOT.
HTH
Thanks for all the replies general consensus seems to be not accepting a counter offer which I'm pretty dead set on anyway. Even if they do offer more money the role I am moving to is very much a new position for the company so I have much more scope for advancement.
Thanks for the help.
Thanks for the help.
The only thing a counter-offer is useful for is in the final pay negotiations with your new employer.
So you may as well use it for that purpose. Most people get the biggest salary jumps when moving company, and seeing as most of us don't do that very often, make sure you make it count for you.
So you may as well use it for that purpose. Most people get the biggest salary jumps when moving company, and seeing as most of us don't do that very often, make sure you make it count for you.
Council Baby said:
I accepted a counter offer 3 years ago when I resigned. It was a fantastic offer but in hindsight (which is a waste of time anyway) I should have just left then. I'm currently looking for another role as virtually nothing has changed!
The only person I have heard of who was happy to accept a counter offer was a Client who was due to retire in March one year but was asked to stay on a further 3 months until his replacement arrived. Given that they were offered 12 months pay for those 3 months they decided to stay. Given the level of their job that was enough to buy their house on the front in a very expensive Seaside town along the East coast...Rude-boy said:
The only person I have heard of who was happy to accept a counter offer was a Client who was due to retire in March one year but was asked to stay on a further 3 months until his replacement arrived. Given that they were offered 12 months pay for those 3 months they decided to stay. Given the level of their job that was enough to buy their house on the front in a very expensive Seaside town along the East coast...
It's a deal, where do I sign?Mine was to come to work 3 days a week for the same money and do what I wanted the rest of the time as long as I dealt with the necessary when I wasn't there... it worked well for quite a while.
Can't say I was hard done by.
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