How To Start Managing Counter-Offers

So the time has come! It is time to move on to that new opportunity and your existing business counter-offers! But how do you start managing counter-offers?

There are numerous reasons not to accept a counteroffer (you can Google them!)

• You’d have asked your boss for a raise if you felt underpaid.
• Replacing an employee can be expensive.
• They have not got time to recruit your replacement right now.
• They want to have you cover while they hunt for your replacement.
• They want you to finish the project you are working on.
• They don’t have the time to train someone new at the moment.
• Losing staff might reflect badly on your employer.

etc…

 But in my opinion, it goes deeper than that!

Over the years of advising the C-Suite in the South-West region, I have often discussed how individuals feel they are perceived in their market and wish to be perceived. Firstly, I make them fully aware that they are themselves a “Brand.” LinkedIn profiles often can tell a lot about an individual, and it is important to ensure it is the right time to look for a new position before exploring greener grass!

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Consider this when managing counter-offers:

• Have you completed all the assignments/projects for the business you currently work for?
• Will you leave a business stranded halfway through delivering something you are responsible for?
• Have you had that frank conversation with management about how you feel?
• Have you explored every avenue and exhausted all communications regarding your current role / future progression?

It is worth noting that counter-offers will always exist in some form, and I have seen many monetary and emotionally charged counter-offers last a lifetime.

“I wasn’t expecting them to come back with ……….”

Why not?

As the business world gets smaller, always remember your name and reputation will carry in your industry. Leave on a good note, engage with your new opportunity for the right reasons at the right time and with the full and absolute intention of leaving.

If you wake up with a horse head in your bed, move it to one side and write that resignation letter confidently, keeping your “brand” intact.

Written by Chad Edgecombe | 07701 015052

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