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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!