||COUNTEROFFER? THINK TWICE ... AND THEN THINK AGAIN!
Consider this: If you have accepted an appealing offer from a new employer and your current employer makes a counteroffer, how many of the key reasons why you were contemplating leaving in the first place have changed? Has your new offer, which you were previously so willing, even excited to accept, lessened or diminished in any way? And if your current employer was unwilling to give you what you wanted and deserved before they knew your value to others, has their mentality changed?
Remember: Your new offer is from an employer who sees and comprehends your value. If your current employer wanted you to stay, they could have taken action to keep you on before you were forced to take action yourself to get what you need and are worth.
Still thinking?: Could your current employer, knowing you were planning to leave, merely be buying time with the proposed raise until he/she can locate a replacement? It happens, more frequently than you would think. Is more money going to change all the reasons that led you to seek a new opportunity in the first place? Your co-workers, work climate, responsibilities, demands, overall job satisfaction? Will your current employer forget that you were once so willing to leave when economic slow-downs occur or promotions are doled out? Unlikely.
On a Final Note: Statistics compiled by the National Association of Personnel Consultants confirm that over 80% of employees who decide to accept a counteroffer are no longer with the company six months later.
A Warning: If, after careful consideration of the facts, you decide to accept a counteroffer, be sure to ask your current employer to confirm each and every detail of their offer in writing. An imprudent mistake on your part could be very costly in terms of your long-term professional growth.
Road to Career Ruin
A raise won't permanently cushion thorns in the nest
By Paul Hawkinson
Mathew Henry, the 17th-century writer said, "Many a dangerous temptation comes to us in fine colours that are but skin deep The same can be said for counteroffers, those magnetic enticements designed to lure you back into the nest after you've decided it's time to fly away.
The litany of horror stories I've come across in my years as an executive recruiter, consultant and publisher provides a litmus test that clearly indicates counteroffers should never be accepted ... EVER!
I define a counteroffer simply as an inducement from your current employer to get you to stay after you've announced your intention to take another job. We're not talking about those instances when you receive an offer but don't tell your boss. Nor are we discussing offers that you never intended to take, yet tell your employer about anyway as a "they-want-me-but-I'm-staying with-you" ploy.
These are merely astute positioning tactics you may choose to use to reinforce your worth by letting your boss know you have other options. Mention of a true offer, however, carries an actual threat to quit.
Interviews with employers who make counteroffers and employees who accept them, have shown that as tempting as they may be, acceptance may cause career suicide. During the past 20 years, I've seen only isolated incidents in which an accepted counteroffer has benefited the employee. Consider the problem in its proper perspective.
What really goes through a boss's mind when someone quits?
"This couldn't happen at a worse time."
"This is one of my best people. If I let him quit now, it'll wreak havoc on the morale of the department."
"I've already got one opening in my department. I don't need another right now."
"This will probably screw up the entire vacation schedule."
"I'm working as hard as I can, and I don't need to do his work, too."
"If I lose another good employee, the company might decide to 'lose' me, too."
"My review is coming up and this will make me look bad."
"Maybe I can keep him on until I find a suitable replacement."
What will the boss say to keep you in the nest? Some of these comments are common.
"I'm really shocked. I thought you were as happy with us as we are with you. Let's discuss it before you make your final decision."
"Aw gee, I've been meaning to tell you about the great plans we have for you. But they have been confidential until now."
"The V.P. has you in mind for some exciting and expanding responsibilities."
"Your raise was scheduled to go into effect next quarter but we'll make it effective immediately."
"You're going to work for who?"
Let's face it. When someone quits, it's a direct reflection on the boss. Unless you're really incompetent or a destructive thorn in his side, the boss might look bad by "allowing" you to go. His gut reaction is to do what has to be done to keep you from leaving until he's ready. That's human nature.
Unfortunately, it's also human nature to want to stay unless your work life is abject misery. Career changes, like all ventures into the unknown, are tough. That's why bosses know they can usually keep you around by pressing the right buttons.
Before you succumb to a tempting counteroffer, consider these universal truths:
Any situation in which an employee is forced to get an outside offer before the present employer will suggest a raise, promotion or better working conditions, is suspect.
No matter what the company says when making its counteroffer, you'll always be considered a fidelity risk. Having once demonstrated your lack of loyalty (for whatever reason), you'll lose your status as a "team player" and your place in the inner circle.
Counteroffers are usually nothing more than stall devices to give your employer time to replace you.
Your reasons for wanting to leave still exist. Conditions are just made a bit more tolerable in the short term because of the raise, promotion or promises made to keep you.
Counteroffers are only made in response to a threat to quit. Will you have to solicit an offer and threaten to quit every time you deserve better working conditions?
Decent and well-managed companies don't make counteroffers ... EVER! Their policies are fair and equitable. They won't be subjected to "counteroffer coercion" or what they perceive as blackmail.
If the urge to accept a counteroffer hits you, continue to clean out your desk as you count your blessings.
Mr. Hawkinson is publisher of the Fordyce Letter, a monthly Missouri-based newsletter for the personnel, executive search and employment counseling fields. He was formerly an executive recruiter and consultant. This article is reprinted from a previous issue because of its continuing relevance.