9 Ways Your Counteroffer is Too Good to Be True

February 10th, 2014 | Articles, Counteroffers, Job Search | No Comments »

Counteroffers

The chips are down for your employer. You’ve opted to take your talent elsewhere and already have an amazing job lined up. If your boss tries to convince you to stay with a counteroffer, it’s going to be an uphill assault and only the dirtiest tactics will work.

Guilt Trips – Your boss will talk about how you’re leaving at the worst possible time. In all honesty, there will never be a good time to leave. So, just rip the Band-aid off.

Flattery – Prepared to be buttered up like a Southern style biscuit. You’ll be told you’re an indispensable part of the team or that current projects will crumble without you. It’s nice to hear but don’t let this ego boost get the best of you.

Denial – Some managers will put heavy emphasis on the fact they didn’t know you were unhappy. True or not, it doesn’t change your reasons for wanting to leave.

Money – Any money offered you is basically a bribe. It may feel great to elevate your salary in the short term but the consequences often offset any financial gain you would have made.

Okay, so you know what measures your boss might take to lure you back. Why shouldn’t you take him or her up on the counteroffer? Here are 5 reasons why you should just say no:

Resentment – Prepare for some bruised egos. If a raise or promotion is included in your counteroffer, expect some of your coworkers to feel resentment. Also, your loyalty will be scrutinized and questioned at all times.

Replacement – Most people who accept counteroffers are gone 6 months after they accept. Employers use counteroffers to end the employment relationship on their own terms. Often, they’ll terminate you once your replacement is lined up or, if they’re ever forced to downsize, target you in the first round of layoffs for your previous disloyalty.

Delayed Raises – Did you get a raise in your counteroffer? That might be the last one you get for a while. Often, companies will excuse a wage increase in a counteroffer as an early raise. You may go some time before any more money comes your way.

Unwanted Responsibilities – At least with the new job, you know that you want your new responsibilities. Companies often justify raises in counteroffers by giving you increased responsibilities. It can be a grab bag of good or bad projects but you don’t have a say either way.

Regret – Your reasons for leaving will crop up again. There’s no escaping that. Even more money can’t keep you down on the farm forever. So, you’ll be back on the job market with a burnt bridge preventing you from getting a job with a company you would have loved.

by James Walsh

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