Should you always decline a counter-offer?
Realistically, there are no hard and fast rules to your employment terms if you should accept, decline or renegotiate a counter-offer. If you have worked in your current company for some time, you probably can foresee how your career will progress should you choose to stay.
If your career is in a rut, perhaps it’s worth exploring new possibilities to gain valuable experience and you won’t be left wondering what may have happened had you rejected the counter-offer and moved on to a new job opportunity.
A counter-offer can be tempting, but if you already have a well-thought-out career plan in place before making the decision to resign, perhaps it’s best to think through things again. According to recruitment firm Robert Walters, professionals who accept counter-offers often restart their job search in two to six months’ time.
If you need help with planning your career journey, professional growth or are looking to upskill to increase your employability, it would be good to speak to a career coach for some professional advice. Best of luck!
Remember, every company while hiring makes sure that they hire the best out of the pool of talent that is available. After resigning your employer tries to woo you with another offer to keep you. They might make you a counter offer, even if you’ve accepted employment elsewhere. There are several important steps to follow during the resignation and transition period.
Why to say No?
The moment you resign, your loyalty to the company is immediately questioned. Increase in salary or a promotion means company buys time to complete necessary short-term projects and implement the search for your replacement resignation when it best suits them. Therefore, don’t take promises at face value; get your counter offer in writing.
What statics say?
Statistics show that a counter offer is successful in the long term you will be gone within 6 -12 months. Whether you decide to stay or make a clean break is up to you. Just be sure that your decision is an educated one.
