Executive Search Consultants

When you need the best, call the best!
Home     About Us     How We Work     Resume and Interview Tips     Helpful Links     Site Map     Contact Us     Job Board      
Resume Writing
Interview Tips I
Interview Tips II
Counter Offers
Decline Offer Letter
Resignation Letter (Outli
Moving Help
What To Expect When Chang
Counter Offers
 
  • If you have accepted an offer from a new employer and on giving notice to your present company, a counter offer is made, here are some points you might choose to consider:

 

  • If you were worth $90K yesterday, why is your employer suddenly willing to now pay you $110K today? If you're worth $110K, then why did they wait to offer your true worth until you decided to leave and not previously?

 

  • Consider the possibility that your present employer could be buying time with this raise until he can locate a replacement.

If you were given an annual raise of $3,000 (as the counter), it would only cost the company $500 were they able to find a replacement in 60 days.

 

  • Companies often feel "blackmailed" because you are a necessary employee that can not comfortably be lost without immediate replacement.

You are now a marked person.

Possibilities regarding promotion or salary increases will be limited for one who has shown disloyalty.

The company is now vulnerable and will not risk giving more responsibility to an employee who has once expressed a desire to leave.

  • Is more money going to change the aspects of your present position that made you begin your search?

Think about the new opportunity that looked so favorable when you accepted it and decide if it was just financial or if there was something more.

 

  • As an employee that has expressed some level of dissatisfaction with the current employer, you may be leaving yourself open to being one of those asked to leave when economic slowdowns occur.

Your stated intention to leave once before may make you a natural target.

  • Statistics compiled by the National Employment Association state that over 80% of those who accept a counter offer from their current employer are no longer with the company six months later.

 

If After all this, you decide to go ahead and accept a counter offer, be sure to ask your present employer to confirm the details of the offer in writing including future promises.

 

Still have questions? Call us at: 908-526-5000 or write to us at mail@escna.com