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Dear Headhunter,
I recently accepted an offer with one of our competitors. It was a fair offer, but a few days after I gave notice to my boss he came back to me with a significant raise in pay for me to stay. Now I am torn on what to do. What are your thoughts?
Sincerely, To Go or Not To Go
Dear To Go or Not To Go,
Counteroffers are back and here to stay! I strongly believe you need to beware of counteroffers.
Concentrate on your original reason for looking at a new opportunity. Generally it was not monetary and even if they offer you a few dollars more, the original dissatisfaction still exists.
According to Business Week, 9 out of 10 employees that accept counteroffers have left or been asked to leave within 6 months. Why?
- They have expressed disloyalty and the company will replace them as soon as it is convenient for the company to do so.
- The promises made in the counteroffer never materialize.
- The counteroffer was everything you ever wanted, but you still report to corporate headquarters and the same politics are going on there.
Concentrate on your original reason for looking at a new opportunity. Generally it was not monetary and even if they offer you a few dollars more, the original dissatisfaction still exists.
ASK YOURSELF THESE QUESTIONS:
- What were the circumstances that caused me to consider a change?
- What will cause these factors to change if I accept a counteroffer?
- Have my career and life goals become altered during this period?
- Why did I have to resign for my company to recognize my worth?
OUR ADVICE:
If you intend to stay, don't resign.
If you resign, don't stay!
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