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? 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.
After
all this, should 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: 802-394-0040 or write to us at mail@CaptureUS.com