Why You Shouldn’t Accept A Counter Offer
It’s sometimes a difficult decision to leave a job and accept a new one – your place of work is pretty much where you spend the majority of your daylight hours and the huge change will ricochet throughout every bit of your life. So it’s not uncommon to have some nagging doubts as you hand over your resignation letter – and it could be very tempting to agree to stay when your boss comes back with a counter-offer.
More money you say? More annual leave? My own office? A PA??
Easy to stick with what you know and accept the extra spoils. But – it is widely understood that 70 to 80 percent of people who accept counter-offers either leave after 9 months anyway or are let go, and the impacts of having nearly resigned can have some unfortunately negative effects.
Undoubtedly the primary issue will be that there’s deep-rooted job dissatisfaction, and this is one of the chief motivating factors which has driven you to hand in your notice. And all those issues that drive you nuts on a daily basis aren’t going to go away just because of your shiny new counter-offer. The irritating colleagues, the frustration of the current processes and the bits of your job that you just can’t bear will remain the same. Ask yourself if this new deal is really worth turning down the opportunity of real change, development and personal growth?
It may cause feelings of resentment on both sides as well. Your boss and in all probability your colleagues too will know you are not happy. You’ve kind of made it public and you may feel a bit cheated that up until you told your manager you wanted to leave you’ve been being paid less than you are apparently now worth.
It’s not the ideal situation for on-going workplace harmony, and it may be very hard to really feel part of the team going forwards. Colleagues may oust you from social get-togethers and you might find the good projects don’t come your way so frequently anymore.
The global economic situation is, it is fair to say, precarious these days. Who knows when situations will change in an organisation and the word REDUNDANCY will start to be heard whispered in the hallways? The chances that you may find yourself at the top of the firing list if things get bad are pretty high as, well, you wanted to jump ship anyway, didn’t you? But now you don’t have an alternative job lined up as you turned it down. You’ve lost the control of your own destiny.
If you had already accepted the other job offer when you handed in your notice, turning around and saying ‘actually no I don’t want it now’ doesn’t paint a great picture of yourself. That employer and the new company saw value in you and were excited to welcome you to their team. You may have gone through a rigorous application and interview process so congratulations! You sold yourself and you got the job you wanted! Now they have to go through all of that process again as you have changed your mind – not the best career strategy.
You should consider that new company’s position in your job-sector as well. If they are a major player with not too much competition, are you narrowing your options for the future? It’s unlikely they would consider you for future roles if you’ve let them down on this one.
Of course, there may be some instances where accepting a counter-offer is fine, but really consider and carefully weigh up the pros and cons of both options on the table. The new job might be slightly less money than the counter-offer – but think bigger and think forwards – maybe the opportunities for growth and advancement with the new organisation will in the long-term be a much better decision for you.
If your looking for a new opportunity – get in touch with IN-Consultancy today – firstname.lastname@example.org