They have made a counteroffer for a job. What steps should I follow?
Statistics show that it is not usually a good idea to accept a counteroffer. Several studies indicate that, in the vast majority of cases, the person who has been counter-offered stops working at the company in less than a year. Either they leave or they replace it. We tell you more details about the reasons for this situation and what you should take into account if you decide to reject the counter offer.
Why accepting the counteroffer is usually not a good idea
It does not happen in all cases, sometimes it is a good idea to accept a counter offer, but they are much more counted. Among the statistics that are usually cited, is the National Business Employment Weekly , which indicates that 4 out of 5 people who accept a counteroffer leave the company in less than a year .
One of the main reasons is that it breaks the trust between the company and who has decided to look for an opportunity outside of it. From the first moment you communicate, they will start looking for a replacement , just in case you decide to leave. And in many occasions the growth opportunities are buried. It is not usually trusted for a position of greater responsibility in someone who has already expressed his desire to leave the company.
Taking the step of communicating your discharge is a difficult and very thoughtful decision. At least that’s what your superiors will see. It is not said “I’m going to work for another company” just for throwing a hot cracking. Changing you means a less immediate determination, because you have had to enter into conversations or negotiations with the other company and that implies that at least a few days have passed.
It is very possible that there are compelling reasons beyond a salary increase. And those reasons probably will continue to be there. In case you accept, you may soon feel the need to change again .
If you decide to reject the counteroffer
If you are worried about how to reject a counteroffer, there is no ideal way to do it, but mentioning that you did not contemplate accepting it and that your decision is already made can be an assertive way of answering. It is important that you do not get carried away for the moment , at the insistence of the company. In many cases it is only a maneuver to save time and find a solution while closing pending projects or tasks. What looks like an advantage in the form of wage increases, improved conditions or increased responsibilities can be a poisoned candy.
The main procedures that you must take into account are the following:
- Submit the voluntary withdrawal .
- Give the notice days that are stipulated.
- Calculate the settlement before signing it.
And one aspect that should be reviewed when you are in the other company is the date of registration in Social Security. It must be the same as your first day of work in the new company.
New work or accept counter-offer, what should you consider?
After going through a selection process , you finally receive the good news that you have obtained the job . Now you must communicate it to the current company in which you work to take advantage of this new opportunity. But, what happens if the company is not willing to let you go?
It is clear that the decision is always made by you, but it is possible that the company will look for a way to retain talent (even if it is a bit late) and most likely offers a counteroffer with a better salary, a redistribution of tasks or even a new charge.
Faced with this dilemma, the question arises: stay in the environment that you already know or venture into something new? It is possible that at first you think that the best thing is to stay in your current company, because you already know your colleagues, you know how everything works and now you will receive new benefits. But, despite all that, you must not forget that this counteroffer does not necessarily correct or improve the negative emotions that your current job could generate. Remember, you could be making more money, but feeling stuck or depressed.
However, it is important that you ask yourself how you want to grow professionally , does that counter offer really give you the opportunity to develop or is it only a temporary solution? What was the main reason why you decided to look for another job? What does it offer? the new company that you do not have in your current job?
If after considering both options you decide that staying is the best option, you should take into account a tip from the experts: let your bosses know that you are happy with the decision you have made, since many times these experiences tend to affect the trust of the superiors in the worker.
Of course, staying in work already known is not necessarily the best decision, because after a while you could realize that the company has not kept its promises or simply feel stuck, so it is likely that you start again to look for a job
But what happens if you decide to leave and then you regret it? This situation is also common, because it is possible that you miss many things about your old company and that the new work does not offer those benefits, however small they may be. Even, it may be that the new job disappoints you and is not what you expected.
The disadvantage of accepting a counteroffer
Not all that glitters is gold
In many of the ways, counteroffers are a fateful disguise. Maybe you see it well, more possibilities more options means more power for me, but the reality is that a counteroffer is rarely a cause for celebration.
Having prepared yourself mentally and logistically for a distant transfer, a counter-offer can easily throw your balance and your plans to the ground. The decision to leave your job you will never take it lightly, so when you have a counter offer, you should take a step back and consider all your options.
Probably you have spent months planning the change, looking for companies, knowing them, organizing your life around a new salary, etc. A counter-offer at the last moment can make you doubt everything.
Refresh your memory
Remind yourself of all the reasons why you decided to leave. What they offer you, will they solve what has made you want to leave? If you left because you did not feel properly used in your current position, a salary increase will not give you the satisfaction you need.
Once you have remembered the motivations of a change, it is important that you ask yourself why your current company wants you to stay. Understanding that they see you as indispensable, you can get a new perspective there for your position and better valuation in the business.
Here are several reasons why they want you to stay:
- Finding a substitute can be much more expensive
- Your departure can spoil the annual hiring budget
- They do not have time to hire another person
- They want to have your position covered while looking for a replacement
- They want to finish the Project you are working on
- They do not have time to train another person
The cold reality is that staying with you because your skills are indispensable in the business is the most common excuse used to justify counteroffers.
There are many reasons to argue that you stay. If you really are sure that your company wants you to stay, we advise you to negotiate well the conditions of your counter offer.
Should you stay or should you leave?
You wanted to move from there, you’ve gone through a whole process of selection, you’ve got a new job that adapts to your criteria. You have spent a lot of time and resources in the change, and probably on an emotional level you are already relocated. Staying in the same place after all could mean taking a step back.
In addition to that, you should consider what future awaits you if you accept a counter-offer, once you have announced your intention to leave, your loyalty will always be compromised. You have made it clear that in the long term you do not see any future for yourself in the company, and this may affect you in future promotions. Your colleagues can see you in a different way, knowing that you do not want to be there, probably your first battle will be to regenerate the cohesion that has been damaged.
You also have to consider that your boss starts planning your exit as soon as you accept the counter offer. If there is someone waiting to occupy your position, you will have a shadow that will be constantly present in your day to day, and may end up affecting your performance.
The statistics speak for themselves, 80% of employees who accept a counteroffer leave the company in less than six months, in addition, 93% leave before eighteen months.
Do not feel guilty or questions your loyalty to the company for wanting to go, you must exclude the emotional part in your decision, the decision must be taken from a cold and rational point of view.
Do the job that you love
That an unexpected counter-offer does not stop you. Take a good stride and thank your company for the opportunity to reaffirm your intention to leave, unless the counter offer really satisfies your expectations.
You will have to work hard to recover the word among your colleagues. The second one will be complicated but you will have to pass it and regain the confidence that could have been damaged and work hard for it.
Finally, the counteroffers can be very different: a salary increase, more responsibilities, a change in position, greater involvement in projects that you like – or perhaps a combination of all. In any case, it is necessary to consider the pros and cons of accepting a counteroffer.