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Before you let the flattery of a counter offer tempt you, consider the real reasons you’re wavering on that exciting new career.
Don’t jeopardise …
Your Future
A counter offer may sweeten the deal, but remember your reasons or wanting to leave in the first place. If you were really in-line for a promotion, or about to be given extra benefits for your hard work and commitment, why did they wait until you resigned, to offer you what you're really worth to them?
A new title or benefits will not necessarily compensate for a lack of interesting assignments. Your future starts now – which is why you were looking for a new job and to further your career.
Your Bank Balance
More money may make you happy in the short term, but accepting a counter offer for a pay rise may simply appear to your employer that you were attempting to use your job for financial gain. Our studies show that 89% of those that accept a counter offer, leave the company within 12 months anyway. Money, cannot buy you career satisfaction.
Your Reputation
No matter what the company may say, you will forever be considered a loyalty risk. Having once demonstrated your ‘lack of loyalty’ by having looked for another job, you will lose your status as a "team player" and your place in the inner circle.
‘Jilted’ companies have long memories and know that even if you decide to stay, statistically you are almost certain to leave them again. You will always be suspected of attending a job interview whenever you are absent. The counter offer, therefore, is usually nothing more than a stalling device to keep you around until your employer can quietly find a cheaper or more dedicated replacement for you.
As for your reputation, does the company have a good reputation? For very good reasons, well-managed companies don't make counter offers -- ever! They believe their policies are fair and equitable and will not be subjected to what they see as being blackmailed by ‘counteroffer coercion’.
Your Relationships
Accepting a counter offer after you’ve made the decision to leave will only weaken your relationships and decrease the trust your colleagues and superiors have in you. In their eyes, you could be off again at the next opportunity, or when things aren’t going your way. Who likes a cry baby?
If your colleagues really are your friends, you will remain in contact long after you have left, and avoid straining your friendships through tense environments at work. It will be so much better to chat about how excited you are in your new role, than go over for the 20th time, your reasons for disliking your current job…
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