Job Offer CounterOffer

Job Offer Counteroffer

Career Counselling October 9, 2022

Job Offer Counter Offer

Navigating Job Offers: Make the Right Move When Opportunities Compete

​You’ve interviewed with a company, and things went well. The next step is to receive the job offer. In most cases, it’s a simple process — they offer you the job, and you must already know how to evaluate a job offer before you accept. But sometimes there are circumstances surrounding the job offer that complicate the process. 
 
When you submit your resignation Letter (Template for Resignation Letter), your current employer may surprise you with a counteroffer... Here are strategies for handling the situation when a counter offer from a current employer is on the table.

Counteroffer From Current Employer

QUESTION
A job seeker recently asked: 
I was offered a job, but when I turned in my resignation at my current company, my boss made me a counter-offer to stay. What should I do?

ANSWER
This is a tricky one;  Stoakley-Stewart Consultants offer 10 reasons for not accepting a counteroffer. A recent survey reported by the Wall Street Journal found that although many employees accept counter-offers, the arrangement rarely lasts: among the roughly half who agreed to stay, about 93% left their employer within eighteen months. While the prospect of a salary increase and the familiarity of remaining in the same role may feel reassuring in the moment, counter-offers frequently prove to be a short-term solution rather than a lasting one. Please review The Dangers of Accepting a Counteroffer.

"Statistics show that if you accept a counteroffer, the probability of voluntarily leaving in six (6) months, or being let go within one (1) year, is extremely high. 

• 85% of people who accept a counteroffer are gone in six (6) months, and
• 90% of people who accept are gone in one (1) year."

Many times, it’s because the employee was fired, not because they received another job offer.
 
Moreover, there is Business Insider's advice in "Why You Should or Shouldn't Take the CounterOffer When Resigning".

If you are working on a key project, when you get another job offer, your boss may offer you more money to stay so that the project can be completed. However, when the project ends, you may not be assigned to another key project because you’re seen as “disloyal” or a “flight risk,” or you may be asked to train other employees on your major responsibilities and tasks in case you do get offered another job — because the company doesn’t want to be caught in that same position again.
 
From a personal perspective, there was a reason why you were considering or looking for a new job. Once you have submitted a Resignation Letter (Two Weeks Notice Example), it may be too late to request to get the raise you deserve.

Final Thought

Often, a higher salary isn’t the only reason why people accept a new job offer. Even if your current employer matches the salary offered by the new employer, the counteroffer won’t address other reasons why you were considering a job change or career change. 

Please contact Mandy Fard at Market-Connections Professional Resume Writing Services, if you need help with resume writing, interview coaching, or LinkedIn profile optimization.

Recommended Reading

• ​Waiting for a Job Offer
• Conditional Employment Offer
• How to Handle Multiple Job Offers

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SOURCE: https://www.Market-Connections.net/blog/Job-Offer-Counter-Offer

About the Author

As the founder of Market-Connections Professional Resume Writing Services, the primary author of this award-winning blog, and a two-time certified resume writer (CPRW, CMRW), Mandy Fard draws upon her extensive background as a LinkedIn Recruiter and Executive Resume Writer to empower job seekers. Based in Los Angeles, Mandy specializes in providing 'insider' recruitment perspectives that most candidates never get to see.
 
Having personally reviewed thousands of resumes, Mandy understands the precise nuances that capture a hiring manager’s attention. Through her writing, she simplifies the modern hiring landscape by sharing proven techniques for job searching, resume writing, interviewing, working with recruiters, and personal branding. Her goal is to equip professionals with the tools and confidence needed to navigate the Los Angeles job market and land their dream jobs faster.